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Fusion Welding And Fabrication Limited

04608759

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

2 SCHOOL CLOSE, LYMINGTON, SO41 8FZ
Incorporated 04/12/2002

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/12/2025

Due 18/12/2026

On track

Industry

25620
Machining

Officers

Mr Roger Alan Figgures

director · Since 04/12/2002

DIRECTOR

BRITISH · ENGLAND

Mrs Julia Figgures

secretary · Since 01/03/2018

Persons with Significant Control

Mr Roger Alan Figgures

50–75% shares
50–75% votes

British · England

Notified 09/10/2025

Former PSCs

Mr Roger Alan Figgures

Ceased 09/10/2025

Mrs Julia Figgures

Ceased 10/10/2025

Charges3 outstanding

charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 18/08/2004Registered 08/09/2004
charge
outstanding

UBS GLOBAL ASSET MANAGEMENT (UK) LTD

Created 18/08/2004Registered 02/09/2004
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 07/06/2004Registered 11/06/2004

CompanyRankvs 918+ SIC 25620 peers
56

Financial strength60th percentile among SIC peers · 15/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.43× · 12/20
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 strength15/25 pts

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

Employees9/15 pts

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

Liquidity12/20 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

£149k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£87k

Current Liabilities

£61k

Fixed Assets

£125k

Debtors

£46k

4avg. employees

Balance Sheet

Assets less current liabilities£152k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.43+£29k
20240.94+£24k
20230.46—

Derived from filed accounts. Not audited figures.