Fusion Welding And Fabrication Limited
04608759
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/03/2018
Persons with Significant Control
Mr Roger Alan Figgures
British · England · Age 63
2, School Close, Lymington, SO41 8FZ
Notified 09/10/2025
Former PSCs
Mr Roger Alan Figgures
Ceased 09/10/2025
Mrs Julia Figgures
Ceased 10/10/2025
Charges3 outstanding
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
UBS GLOBAL ASSET MANAGEMENT (UK) LTD
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
CompanyRankvs 1336+ SIC 25620 peers49
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£119k
Balance sheet strength
Cash
£38k
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
£87k
Current Liabilities
£93k
Fixed Assets
£129k
Debtors
£49k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.94 | +£24k |
| 2023 | 0.46 | -£37k |
| 2021 | 1.35 | — |
Derived from filed accounts. Not audited figures.