EVOLUTION (ELECTRONIC SECURITY SYSTEMS) LTD.

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Rouse Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “In August 2025 directorships of the group changed as a consequence of the transitioning ownership to the EOT, supported by the resigning directors, placing the business on a strong footing for future growth.”
• “In a prior year, the shareholders sold 77.5% of the business into an Employee Ownership Trust. 83 ordinary shares in Evolution Europe Ltd of £1 each were transferred to Employee Ownership Trust and held as trustee by Evolution Europe (EOT) Limited.”
• “Subsequent to the balance sheet date the Employee Ownership Trust refinanced its loan facilities, with the current term loan being replaced with a new term loan amounting to £6.5m.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +13.4%

  £20,017,049 → £22,695,873

• Cash

  +474.8%

  £586,698 → £3,372,252

• Net assets

  -15%

  £2,329,043 → £1,979,345

• Employees

  +12.1%

  132 → 148

• Operating profit

  +48%

  £1,075,225 → £1,591,828

• Profit before tax

  +50.4%

  £1,058,436 → £1,592,144

• Wages

  +15.3%

  £6,700,725 → £7,725,117

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers