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Fusion Shoes Ltd

06884449

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

WANGFIELD FARM WANGFIELD LANE, SOUTHAMPTON, SO32 2DA
Incorporated 22/04/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr David Sturgess

secretary · Since 22/04/2009

BRITISH · ENGLAND · Age 84

Also on 3 other boards

Mr Mark Barton

director · Since 22/04/2009

FARRIER

BRITISH · ENGLAND · Age 53

Mr David Sturgess

director · Since 22/04/2009

MANAGER

BRITISH · ENGLAND · Age 84

Also on 3 other boards

Mr Nicholas Sturgess

director · Since 22/04/2009

FARRIER

ENGLISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Mr David Sturgess

25–50% shares

British · England · Age 84

Wangfield Farm, Wangfield Lane, Southampton, SO32 2DA

Notified 06/04/2016

CompanyRankvs 16256+ SIC 46900 peers
31

Financial strength5th percentile among SIC peers · 1/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 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.

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 30/04/2025

Net Worth

-£43k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£208k

Current Liabilities

£265k

Fixed Assets

£550

Debtors

£96k

0avg. employees

Balance Sheet

Assets less current liabilities-£57k
Signed by D Sturgess,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78-£21k
20240.93-£6k
20230.97—

Derived from filed accounts. Not audited figures.