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Fusion Kitchens Limited

05936842

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O DJH ST GEORGE'S HOUSE, MANCHESTER, M2 3NQ
Incorporated 15/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Billy Mcinerney

director · Since 31/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Persons with Significant Control

Mr Billy Mcinerney

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

British · United Kingdom · Age 35

C/O Djh, St George's House, Manchester, M2 3NQ

Notified 31/08/2023

Former PSCs

Mr Tom Mcinerney

Ceased 31/08/2023

Mrs Julie Mcinerney

Ceased 31/08/2023

CompanyRankvs 6686+ SIC 47789 peers
43

Financial strength13th percentile among SIC peers · 3/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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6686Fusion Kitchens Limited
39
How is this score calculated?
Financial strength3/25 pts

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

Employees4/15 pts

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

Liquidity6/20 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 31/08/2024

Net Worth

-£13k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£24k

Current Liabilities

£41k

Fixed Assets

£4k

1avg. employees-2
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58-£16k
20231.03-£21k
20221.14-£20k
20211.56+£5k
20202.56+£11k
20191.73—

Derived from filed accounts. Not audited figures.