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Fusionation Limited

09096727

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

1 BRITTEN CLOSE, BASILDON, SS16 6TB
Incorporated 23/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Philip Anthony Langley Smith

director · Since 30/03/2015

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 23 other boards

Persons with Significant Control

Mr Philip Anthony Langley Smith

75–100% shares
75–100% votes

British · England · Age 72

The Pines, Warley Road, Brentwood, CM13 3HT

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 09/09/2020Registered 26/09/2020

CompanyRankvs 59360+ SIC 68100 peers
69

Financial strength90th percentile among SIC peers · 23/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.75× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees9/15 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.

Longevity12/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2024

Net Worth

£257k

Balance sheet strength

Cash

£770

Cash in the bank

Net Current Assets

£134k

Working capital

Current Assets

£211k

Current Liabilities

£77k

Debtors

£210k

1avg. employees

Tax at Year End

Corp tax£72k

Balance Sheet

Bank loans & overdrafts£213k
Assets less current liabilities£479k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.75+£60k
20232.37+£87k
20220.57+£104k
20210.12

Derived from filed accounts. Not audited figures.