Fusion Group Limited
03563691
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/04/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 2 other boards
director · Since 08/02/2018
TECHNICAL DIRECTOR
DANISH · DENMARK · Age 57
Also on 2 other boards
director · Since 29/11/2021
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 2 other boards
Persons with Significant Control
Fusion Investco Ltd
Fusion House, Smeckley Wood Close, Chesterfield, S41 9PZ
Reg: 8785905 · Uk · Limited Company
Notified 07/04/2017
Charges2 outstanding
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CompanyRankvs 24482+ SIC 74909 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/09/2023
Turnover
£18.2M
Annual revenue
Net Worth
—
Balance sheet strength
Cash
£212k
Cash in the bank
Profit Before Tax
-£940k
Bottom line earnings
Net Current Assets
£461k
Working capital
Current Assets
£30.4M
Current Liabilities
£29.9M
Fixed Assets
£11.0M
Debtors
£25.8M
Cost of Sales
£15.0M
Gross Profit
£3.2M
Admin Expenses
£4.0M
Operating Profit
-£985k
Profit After Tax
-£690k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 1.02 |
Derived from filed accounts. Not audited figures.