CompanyTrack
D

DRONE EVOLUTION LIMITED

Active Caerphilly

Other professional, scientific and technical activities n.e.c.

10 employees Website
Information technology, telecommunications and data Other professional, scientific and technical activities n.e.c.
D

DRONE EVOLUTION LIMITED

Other professional, scientific and technical activities n.e.c.

Founded 22 Jan 2018 Active Caerphilly, Wales 10 employees dronevolution.co.uk
Information technology, telecommunications and data Other professional, scientific and technical activities n.e.c.
Accounts Submitted 22 Oct 2025
Confirmation Statement Submitted 28 Jan 2025
Net assets £-37.46K £80.76K 2024 year on year
Total assets £218.76K £26.62K 2024 year on year
Total Liabilities £251.42K £49.34K 2024 year on year
Charges 2
2 satisfied

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Contact & Details

Registered Address

First Floor, Cambria House Caerphilly Business Park Caerphilly CF83 3ED Wales

Office (Caerphilly)

Unit 8 Western Industrial Est, Caerphilly CF83 1BE

Credit Report

Discover DRONE EVOLUTION LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2018–2024)

Cash in Bank

£43.48k

Increased by £36.45k (+518%)

Net Assets

-£37.46k

Decreased by £80.76k (-187%)

Total Liabilities

£251.42k

Increased by £49.34k (+24%)

Turnover

N/A

Employees

10

Increased by 2 (+25%)

Debt Ratio

115%

Increased by 33 (+40%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

7 Allotments 603,743 Shares £1.36m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
9 Sept 20243,597£71k£19.73
9 Sept 202425,852£298k£11.51
9 Sept 2024552,500£553k£1
31 Jan 20208,294£166k£20
24 May 20194,500£90k£20

Officers

Officers

5 active 1 resigned
Status
Andrew Paul DiplockDirectorWelshUnited Kingdom5619 Oct 2018Active
Clayton Luther EarneyDirectorBritishWales5322 Jan 2018Active
Johnathan YoungDirectorBritishWales5322 Jan 2018Active
Ruby GodrichDirectorBritishWales369 Sept 2024Active
Toby TownrowDirectorBritishWales5422 Jan 2018Active

Shareholders

Shareholders (11)

Toby Townrow
19.3%
10,00026 Feb 2020
Sunnybarn Investments Limited
4.3%
2,25026 Feb 2020
Robert Thompson
0.5%
25026 Feb 2020

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Foresight Ifw Equity General Partner Llp, As General Partner Of Ifw Equity Lp

United Kingdom

Active
Notified 9 Sept 2024
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent
  • Right To Appoint And Remove Directors

Clayton Luther Earney

Ceased 24 May 2019

Ceased

Toby Townrow

Ceased 24 May 2019

Ceased

Jonathan Young

Ceased 24 May 2019

Ceased

Group Structure

Group Structure

FORESIGHT OMNIBUS FOUNDER PARTNER GP LLP united kingdom voting rights 75 to 100 percent limited liability partnership, right to share surplus assets 75 to 100 percent limited liability partnership, appoint/remove members limited liability partnership
FORESIGHT COMPANY 1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FORESIGHT GROUP HOLDINGS (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FORESIGHT GROUP HOLDINGS LIMITED british channel islands
DRONE EVOLUTION LIMITED Current Company

Charges

Charges

2 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
22 Oct 2025AccountsAnnual accounts made up to 2025-01-31View(12 pages)
28 Jan 2025Confirmation StatementConfirmation statement made on 2025-01-11 with updatesView(6 pages)
14 Jan 2025AddressChange Registered Office Address Company With Date Old Address New AddressView(1 page)
19 Sept 2024MortgageMortgage Satisfy Charge FullView(1 page)
19 Sept 2024MortgageMortgage Satisfy Charge FullView(1 page)
22 Oct 2025 Accounts

Annual accounts made up to 2025-01-31

28 Jan 2025 Confirmation Statement

Confirmation statement made on 2025-01-11 with updates

14 Jan 2025 Address

Change Registered Office Address Company With Date Old Address New Address

19 Sept 2024 Mortgage

Mortgage Satisfy Charge Full

19 Sept 2024 Mortgage

Mortgage Satisfy Charge Full

Recent Activity

Latest Activity

Annual accounts made up to 2025-01-31

3 months ago on 22 Oct 2025

Confirmation statement made on 2025-01-11 with updates

1 years ago on 28 Jan 2025

Change Registered Office Address Company With Date Old Address New Address

1 years ago on 14 Jan 2025

Mortgage Satisfy Charge Full

1 years ago on 19 Sept 2024

Mortgage Satisfy Charge Full

1 years ago on 19 Sept 2024