Fusion Innovations Limited
06870069
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/04/2009
CONSULTANT ENGINEER
BRITISH · UNITED KINGDOM · Age 54
Also on 2 other boards
Persons with Significant Control
Mr Gregory John Hall
British · United Kingdom · Age 54
1, Gaydon Road, Southam, CV47 2QY
Notified 31/05/2016
CompanyRankvs 1054+ SIC 71121 peers73
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2024
Net Worth
£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£92k
Working capital
Current Assets
£181k
Current Liabilities
£89k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.04 | -£2k |
| 2023 | 4.99 | -£598 |
| 2022 | 5.24 | -£1k |
| 2021 | 1.07 | -£27k |
| 2020 | 1.40 | +£14k |
| 2019 | 1.32 | — |
Derived from filed accounts. Not audited figures.