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Fusion Electrical Contractors Limited

06775883

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

2 STREETS LANE, WALSALL, WS6 7AN
Incorporated 17/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Joel Fisher

director · Since 17/12/2008

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 3 other boards

Joanna Fisher

director · Since 01/01/2015

NONE

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Mr Joel Fisher

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

British · Australia · Age 46

2, Streets Lane, Walsall, WS6 7AN

Notified 06/04/2016

Mrs Joanna Fisher

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

British · Australia · Age 44

2, Streets Lane, Walsall, WS6 7AN

Notified 06/04/2016

CompanyRankvs 2051+ SIC 43210 peers
82

Financial strength95th percentile among SIC peers · 24/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 14.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees8/15 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 31/12/2024

Net Worth

£457k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£477k

Working capital

Current Assets

£514k

Current Liabilities

£37k

2avg. employees

Balance Sheet

Assets less current liabilities£477k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202414.02-£1k
202314.30

Derived from filed accounts. Not audited figures.