Fusion People Limited
04873626
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/04/2014
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 16 other boards
Persons with Significant Control
Mr Richard Ward
British · England · Age 59
25, Barnes Wallis Road, Fareham, PO15 5TT
Notified 18/06/2019
Former PSCs
Mr Paul Anthony Bell
Ceased 18/06/2019
Charges2 outstanding
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LLOYDS TSB COMMERCIAL FINANCE LIMITED
HEMINGWAY NOMINEE NO.1 (ALDERMARY) LIMITED & HEMINGWAY NOMINEE NO.2 (ALDERMARY) LIMITED
CompanyRankvs 520+ SIC 78200 peers62
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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
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent 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 c
Key FinancialsYear ending 31/12/2024
Net Worth
£4.0M
Balance sheet strength
Cash
£1.7M
Cash in the bank
Net Current Assets
£3.5M
Working capital
Current Assets
£13.9M
Current Liabilities
£10.4M
Fixed Assets
£480k
Debtors
£1.7M
Profit After Tax
-£397k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.34 | -£397k |
| 2023 | 1.35 | +£31k |
| 2022 | 1.30 | +£771k |
| 2021 | 1.32 | +£1.1M |
| 2020 | 1.21 | +£883k |
| 2019 | 1.08 | +£982k |
| 2018 | 0.99 | — |
Derived from filed accounts. Not audited figures.