Fusion Plus
06778249
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 22/12/2008
BRITISH · ENGLAND · Age 54
Also on 1 other board
director · Since 03/03/2011
PRODUCTION MANAGER FOR NATIONAL RADIO ST
BRITISH · ENGLAND · Age 34
director · Since 01/05/2016
LECTURER
BRITISH · ENGLAND · Age 55
Also on 6 other boards
director · Since 16/06/2021
SENIOR LECTURER IN STRATEGIC THINKING
BRITISH · ENGLAND · Age 50
secretary · Since 18/09/2023
CompanyRankvs 249+ SIC 90020 peers74
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
2006. The financial statements have been prepared under the historical cost convention. The trustees consider that there are no material uncertainties regarding the charity's ability to continue as a going concern. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount ca
Key FinancialsYear ending 31/03/2025
Net Worth
£100k
Balance sheet strength
Cash
£99k
Cash in the bank
Net Current Assets
£99k
Working capital
Current Assets
£106k
Current Liabilities
£7k
Fixed Assets
£750
Debtors
£8k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 14.44 | -£37k |
| 2024 | 23.39 | +£22k |
| 2023 | 66.27 | — |
Derived from filed accounts. Not audited figures.