EVOLUTION LENDING LIMITED

1. EVOLUTION LENDING LIMITED 2016-01-05 → present
2. EVOLUTION BANKING LIMITED 2007-05-31 → 2016-01-05
3. BEALAW (MAN) 37 LIMITED 2007-02-19 → 2007-05-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having considered the impact of the factors outlined below, including cash flow and liquidity requirements of the company, and the company's forecasts which reflect the economic uncertainty arising from the increased cost of living, the directors expect that the business will continue for a period of at least twelve months from the date of approval of the financial statements and the company will be able to meet its liabilities as they fall due. Accordingly, the financial statements have been prepared on a going concern basis of accounting.”

Significant events

• “In July 2022, the Company successfully refinanced its existing facilities into a 2-year warehouse facility (private securitisation), increasing the overall access to funding to a maximum of £280m. This facility was further refinanced and extended in May 2024, increasing the limit to £285 million with an additional extension in May 2025 to £400 million. The facility has a final maturity date of May 2029.”
• “Post year end, a refinance of the existing facilities was completed with incumbent lenders this process required close engagement between directors and the facility providers.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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