We specialise in providing finance products to customers looking to fund their motor vehicle via one of over 2500 approved partner dealerships and groups across the UK. Evolution have two main goals: to help our dealers to sell more cars and to facilitate their customers to buy the car they want, at the budget they can afford. Evolution delivers a quick, efficient and hassle-free approach to motor sales, both for the customer and the dealership. With consistent and profitable growth since launching, Evolution Funding has become one of the largest point-of-sale motor finance intermediaries in the country and is, without a doubt, the fastest growing. We offer a hybrid funding solution utilizing both our own and third party lending to offer a comprehensive and innovative product portfolio which will, during 2014, fund in excess of 16,000 vehicle loans for both private and business users. Based in Chesterfield, our national service is delivered to our dealers through thirty six Account Managers, five Regional Directors and a dedicated Key Accounts team. We are passionate about creating and adding value to our dealership partners. Working with Evolution offers our dealership partners the opportunity to sell more vehicles to more customers at enhanced profits and we are always challenging ourselves to find new ways to help them sell more cars via our finance products.
Show more
TypePrivate
HQDerbyshire, GB
Founded2002
Size (employees)132 (est)
Websiteevolutionfunding.com
Evolution Funding was founded in 2002 and is headquartered in Derbyshire, GB
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Evolution Funding Office Locations

Evolution Funding has an office in Derbyshire
Show all (1)
Report incorrect company information

Evolution Funding Financials and Metrics

Summary Metrics

Founding Date

2002

Evolution Funding Revenue

Embed Graph
View revenue for all periods
Evolution Funding's revenue was reported to be £101.19 m in FY, 2017
GBP

Revenue (FY, 2017)

101.2m

Gross profit (FY, 2017)

12.3m

Gross profit margin (FY, 2017), %

12.2%

Net income (FY, 2017)

2.7m

EBITDA (FY, 2017)

13.0m

EBIT (FY, 2017)

6.0m

Cash (31-Dec-2017)

300.5k
GBPFY, 2003FY, 2004FY, 2005FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

72.1k395.3k502.5k9.8m10.5m13.0m16.9m24.4m38.8m60.7m101.2m

Revenue growth, %

44%59%57%

Cost of goods sold

53.0k204.3k244.6k8.6m9.0m10.5m12.6m20.8m31.4m46.7m88.9m

Gross profit

19.1k191.0k257.9k1.1m1.5m2.5m4.3m3.6m7.4m14.0m12.3m
GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

19.1k46.0k48.9k66.2k139.3k234.4k136.4k204.0k43.8k241.9k128.3k102.5k203.4k576.6k300.5k

Accounts Receivable

50.3k178.8k288.6k267.9k304.9k511.5k572.4k636.8k1.5m2.2m4.3m3.3m

Inventories

38.2k8.0k52.9k70.1k310.6k841.9k2.6m2.1m3.8m12.7m15.7m

Current Assets

31.6k74.3k128.8k154.8k326.2k523.0k457.2k662.9k943.9k1.9m3.8m4.4m7.6m18.7m20.9m
GBPFY, 2003FY, 2004FY, 2005FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(33.1k)44.1k70.7k129.0k224.6k438.9k708.7k1.6m3.6m4.1m2.7m

Cash From Operating Activities

510.6k411.4k4.4m7.4m744.1k9.9m

Dividends Paid

31.0k80.0k120.0k120.0k150.0k150.0k150.0k150.0k637.5k

Cash From Financing Activities

(173.6k)112.8k3.3m(4.5m)26.2m15.0m
GBPY, 2017

Revenue/Employee

1.0m

Debt/Equity

0.1 x

Financial Leverage

6.8 x
Show all financial metrics
Report incorrect company information

Evolution Funding Online and Social Media Presence

Embed Graph
Report incorrect company information

Evolution Funding Company Life and Culture

Report incorrect company information

Evolution Funding Frequently Asked Questions

  • When was Evolution Funding founded?

    Evolution Funding was founded in 2002.

  • How many employees does Evolution Funding have?

    Evolution Funding has 132 employees.

  • What is Evolution Funding revenue?

    Latest Evolution Funding annual revenue is £101.2 m.

  • What is Evolution Funding revenue per employee?

    Latest Evolution Funding revenue per employee is £766.6 k.

  • Who are Evolution Funding competitors?

    Competitors of Evolution Funding include Anadolu Grubu, Endurance and Santander Consumer USA.

  • Where are Evolution Funding offices?

    Evolution Funding has an office in Derbyshire.

  • How many offices does Evolution Funding have?

    Evolution Funding has 1 office.