EVOLUTION WEALTH NETWORK LIMITED

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

• Turnover

  +11.9%

  £6,491,000 → £7,261,000

• Cash

  0%

  £136,000 → £136,000

• Net assets

  +705.1%

  -£158,000 → £956,000

• Employees

  —

  Not reported

• Operating profit

  -528.6%

  -£21,000 → -£132,000

• Profit before tax

  -84.4%

  £32,000 → £5,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. 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

UK-adopted international accounting standards

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have confirmed that the Company has the financial support of its parent company and that Benchmark Capital Limited will not demand repayment of the Company's outstanding obligations unless and until the Company has sufficient resources to meet these liabilities and its ongoing working capital requirements. Taking all the above factors into consideration, including the nature of the Company and its business, the Directors are satisfied that, at the time of approving the financial statements, there is a reasonable expectation that the Company has adequate resources to continue in operational existence for 12 months from the date the Annual Report and Accounts is signed. For this reason, the Directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “With one of the largest operators of a network for financial advisers within the Benchmark Group, we have been engaging with the FCA on their industry review of the provision of ongoing services provided by financial advisers.”
• “Throughout the year the Company benefited from improved functionality of its market leading software 'Enable', developed by the associated Benchmark Group company Creative Technologies Ltd.”
• “The Board of Directors considered changes to its composition during the year and appointed one director. Acceptance of two resignations took place between the 31 December 2024 and the date of signing these accounts.”
• “The Board has been subject to the Investment Firms Prudential Regime ('IFPR') since 1 January 2022. IFPR introduced a number of new requirements in relation to capital and liquidity and the Company is required to produce a Internal Capital and Risk Assessment ('ICARA') document.”

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

Filings

6

last 12 months

Capital events

1

last 24 months

Officers appointed

1

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.