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Fusion Welding Solutions Ltd

05663915

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

56 GIDLOW LANE, WIGAN, WN6 7DP
Incorporated 29/12/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Steven Woods

director · Since 29/04/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Jason Frank Lowe

director · Since 29/04/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Philip John Hedley

director · Since 29/04/2021

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Jason Frank Lowe

25–50% shares
25–50% votes
Appoint directors

British · England · Age 46

Wigan Investment Centre, Office S7, Ct3 Building, Wigan, WN3 5BA

Notified 01/01/2021

Mr Steven Woods

Significant control

British · England · Age 61

Wigan Investment Centre, Office S7, Ct3 Building, Wigan, WN3 5BA

Notified 01/01/2021

Mr Philip John Hedley

Significant control

British · England · Age 57

Wigan Investment Centre, Office S7, Ct3 Building, Wigan, WN3 5BA

Notified 01/01/2021

Former PSCs

Mr Graham Tattum

Ceased 29/04/2021

Mrs Julie Ann Tattum

Ceased 29/04/2021

Mr Paul Kelly

Ceased 23/07/2026

CompanyRankvs 693+ SIC 71129 peers
86

Financial strength86th percentile among SIC peers · 22/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.87× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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693Fusion Welding Solutions Ltd
86
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

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

£105k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£86k

Working capital

Current Assets

£131k

Current Liabilities

£46k

Fixed Assets

£35k

Debtors

£117k

6avg. employees

Balance Sheet

Assets less current liabilities£120k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.87+£0
20252.87+£59k
20241.41+£18k
20231.05—

Derived from filed accounts. Not audited figures.