EVOLVE BUSINESS LIMITED
🏛️Establishedactive
10962685 · ltd · incorporated 2017-09-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 7.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 47421
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47429SIC 47429
- 61900Other telecommunications activities
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 7.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (62/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-10-08📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-10-08📄legacyaccounts · PARENT_ACC
- 2025-10-08📄legacyother · GUARANTEE2
- 2025-10-08📄legacyother · AGREEMENT2
- 2024-11-17📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-11-17📄legacyaccounts · PARENT_ACC
- 2024-10-29📄legacyother · AGREEMENT2
- 2024-10-29📄legacyother · GUARANTEE2
- 2023-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-08-02🔓Charge satisfied #2
- 2019-07-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-07-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-18🔓Charge satisfied #1
- 2019-04-08🔒Charge registered #2Lender: Hsbc UK Bank PLC as Lender
- 2019-03-06➖LONG, Graham Jeremy resigneddirector
- 2019-02-18➖MCMENEMY, Sean David resigneddirector
- 2018-06-25🔒Charge registered #1Lender: Lloyds Bank PLC
- 2018-06-01➕LONG, Graham Jeremy appointeddirector
- 2018-06-01➕MCMENEMY, Sean David appointeddirector
- 2017-09-14🏢Company incorporatedAs EVOLVE BUSINESS LIMITED
- 2017-09-14➕BROWN, Aaron Maurice appointeddirector
- 2017-09-14➕RIDGE, Darren Michael appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Bios Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Bios Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
EVOLVE BUSINESS LIMITED
This company · 10962685
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Bios Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 19/07/2019 |
3 historic (ceased) PSCs
- Onecom Group Limitedceased 19/07/2019· 75-100% shares · 75-100% voting · board control
- Mr Graham Jeremy Longceased 06/03/2019· 25-50% shares · 25-50% voting
- Ridown Group Limitedceased 01/06/2018· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2017-09-14
Jurisdictionengland-wales
Primary SIC47421 — SIC 47421
Registered office
Ridown Building, Fulcrum 2 Solent Way
Whiteley
Fareham
PO15 7FN
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-03
Last: 2025-09-19
Officers (2 active · 2 resigned)
BROWN, Aaron Maurice→
Activedirector · ~44y · appointed 2017-09-14
View their other companies + combined net worth →
RIDGE, Darren Michael→
Activedirector · ~64y · appointed 2017-09-14
View their other companies + combined net worth →
LONG, Graham Jeremy→
Resigneddirector · ~60y · appointed 2018-06-01 · resigned 2019-03-06
MCMENEMY, Sean David→
Resigneddirector · ~62y · appointed 2018-06-01 · resigned 2019-02-18
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc UK Bank PLC as Lender | A registered charge | — | 08/04/2019 | 02/08/2019 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 25/06/2018 | 18/04/2019 |
Recent filings (46 total)
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-10-08
legacy
accounts · PARENT_ACC
2025-10-08
legacy
other · GUARANTEE2
2025-10-08
legacy
other · AGREEMENT2
2025-10-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-19
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-11-17
legacy
accounts · PARENT_ACC
2024-11-17
legacy
other · AGREEMENT2
2024-10-29
legacy
other · GUARANTEE2
2024-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29