EVOLVE HYDROGEN LTD
🏛️Establishedactive
SC655138 · ltd · incorporated 2020-02-20
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 28990
Sector: Manufacturing
ALSO REGISTERED FOR
- 72190Other research and experimental development on natural sciences and engineering
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
4 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
2
filings
- • 1 gazette
- • 1 dissolution
Last 90 days
2
filings
- • 1 gazette
- • 1 dissolution
Last 180 days
2
filings
- • 1 gazette
- • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-04-07📄gazette-notice-voluntarygazette · GAZ1(A)
- 2026-03-30📄dissolution-application-strike-off-companydissolution · DS01
- 2025-06-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-06-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-16➕GILMAN, Brian appointeddirector
- 2021-12-22➕TEPLIN, Spencer Evan appointeddirector
- 2021-12-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-10-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-20🏢Company incorporatedAs EVOLVE HYDROGEN LTD
- 2020-02-20➕ALMAAS, Siv Gjertrud appointeddirector
- 2020-02-20📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
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
Evolve Hydrogen Inc is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Evolve Hydrogen Inc
Corporate parent · holds 75-100% shares
⬇
EVOLVE HYDROGEN LTD
This company · SC655138
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
4 active beneficial owners · dominant holder ≥75% · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Evolve Hydrogen Inc Corporate entity | 75–100% | — | 75-100% shares | 14/05/2021 |
Mr Brian Daniel Gilman Individual · American · DOB 05/1963 · age 63 | — | — | sig. influencesignificant influence | 16/02/2022 |
Spencer Teplin Individual · American · DOB 03/1962 · age 64 | — | — | sig. influencesignificant influence | 22/12/2021 |
Ms Siv Gjertrud Almaas Individual · Norwegian · DOB 04/1962 · age 64 | — | — | sig. influencesignificant influence | 20/02/2020 |
1 historic (ceased) PSC
- Ms Siv Gjertrud Almaasceased 14/05/2021· 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
Active · Manufacturing · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DEACON BROTHERS (PRINTERS) LIMITED→ SC029829 · est 1954 · no financials extracted | — | — | — | — | 72y | — | — |
| DMG FLOORCARE LTD→ SC351715 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ELIMATT CONSTRUCTION LTD→ SC749797 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| EMBRAND LTD→ SC868011 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EPR SCOTLAND LIMITED→ SC147994 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| FABRIC8 (SCOTLAND) LTD→ SC738868 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FAST FIXX CATERING ENGINEERS LIMITED→ SC339089 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| FEENESSUK LTD→ SC804438 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FERRARI LUXURY PACKAGING LTD→ SC483788 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| FINEST BADGES LIMITED→ SC800666 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FIODH LTD→ SC636783 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| FISHERS COOPERAGE LIMITED→ SC190672 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated2020-02-20
Jurisdictionscotland
Primary SIC28990 — SIC 28990
Registered office
C/O Gillespie & Anderson
147 Bath Street
Glasgow
G2 4SN
United Kingdom
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-10-21
Last: 2025-10-07
Officers (3 active · 0 resigned)
ALMAAS, Siv Gjertrud→
Activedirector · ~64y · appointed 2020-02-20
View their other companies + combined net worth →
GILMAN, Brian→
Activedirector · ~63y · appointed 2022-02-16
View their other companies + combined net worth →
TEPLIN, Spencer Evan→
Activedirector · ~64y · appointed 2021-12-22
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (21 total)
gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-07
dissolution-application-strike-off-company
dissolution · DS01
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-dormant
accounts · AA
2025-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-07
accounts-with-accounts-type-dormant
accounts · AA
2024-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-31
accounts-with-accounts-type-dormant
accounts · AA
2023-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-24
accounts-with-accounts-type-dormant
accounts · AA
2022-10-20
appoint-person-director-company-with-name-date
officers · AP01
2022-02-17
appoint-person-director-company-with-name-date
officers · AP01
2021-12-22