Back to search

Inverter Fusion Limited

02633362

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O THE EUROTECH GROUP PLC, EXMOUTH, EX8 4RZ
Incorporated 30/07/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28240
Manufacture of power-driven hand tools

Officers

Mr David Keith Douglas

secretary · Since 20/06/1994

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 21 other boards

Mr David Keith Douglas

director · Since 20/06/1994

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 21 other boards

Mr Simon Andrew Beckett

director · Since 13/12/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Mr Jeremy Clive Wakeford

director · Since 13/12/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Mrs Caroline Jane Jones

director · Since 01/08/2023

DIRECTOR (HUMAN RESOURCES)

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

The Eurotech Group Plc

75–100% shares

Salterton Industrial Estate, Dinan Way, Exmouth, EX8 4RZ

Reg: 2609420 · Compaines House · Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 24/03/2009Registered 26/03/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/02/1992Registered 26/02/1992Satisfied 06/06/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/02/1992Registered 26/02/1992Satisfied 28/07/1994

CompanyRankvs 12+ SIC 28240 peers
49

Financial strength75th percentile among SIC peers · 19/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 5.58× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 30/06/2025

Turnover

£568k

Annual revenue

Net Worth

£68k

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

-£7k

Bottom line earnings

Net Current Assets

£444k

Working capital

Current Assets

£541k

Current Liabilities

£97k

Fixed Assets

£8k

Debtors

£146k

Cost of Sales

£448k

Gross Profit

£120k

Admin Expenses

£116k

Profit After Tax

-£6k

Balance Sheet

Intangible assets£1k
Assets less current liabilities£452k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20255.58-£6k
20242.51-£7k
20234.03+£3k
20226.01

Derived from filed accounts. Not audited figures.