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Fusion Associates Limited

04249203

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

17 WALKERGATE, BERWICK-UPON-TWEED, TD15 1DJ
Incorporated 10/07/2001

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 22/05/2026

Due 05/06/2027

On track

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies
70229
Management consultancy activities

Officers

Mr Elliott Thickett

director · Since 12/07/2001

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 4 other boards

Persons with Significant Control

Mr Elliott Thickett

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 54

17, Walkergate, Berwick-Upon-Tweed, TD15 1DJ

Notified 24/11/2021

Former PSCs

Mr Elliott Thickett

Ceased 31/07/2019

Mr Stephen John Rose

Ceased 31/07/2019

Trent Capital Limited

Ceased 24/11/2021

Charges1 outstanding

Charge
outstanding

RM SECURED DIRECT LENDING PLC

Created 16/01/2019Registered 25/01/2019
Charge
satisfied

NUCLEUS COMMERCIAL FINANCE LIMITED

Created 07/12/2016Registered 22/12/2016Satisfied 18/04/2019
Charge
satisfied

NUCLEUS COMMERCIAL FINANCE1 LIMITED

Created 11/03/2016Registered 11/03/2016Satisfied 18/04/2019
charge
satisfied

HSBC BANK PLC

Created 03/08/2004Registered 05/08/2004Satisfied 22/06/2013

CompanyRankvs 1307+ SIC 46740 peers
46

Financial strength83th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£377k

Balance sheet strength

Cash

£20

Cash in the bank

Net Current Assets

-£352k

Working capital

Current Assets

£34k

Current Liabilities

£385k

Debtors

£34k

0avg. employees-1
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£0
20240.11+£0
20230.01+£0
20220.01+£0
2021—+£0
2020—+£185k
20190.41-£313k
20180.41-£45k
20180.19—

Derived from filed accounts. Not audited figures.