Fusion Network Cabling Ltd
09556633
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Isaac Louis Radford
British · England · Age 35
1 Primrose Cottages, Hazelwood Hill, Belper, DE56 4AD
Notified 06/07/2022
Former PSCs
Mr Kym Christopher Ellington
Ceased 06/07/2022
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 1472+ SIC 61900 peers62
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2024
Net Worth
£89k
Balance sheet strength
Cash
£31k
Cash in the bank
Net Current Assets
£70k
Working capital
Current Assets
£123k
Current Liabilities
£53k
Fixed Assets
£49k
Debtors
£93k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.31 | +£36k |
| 2023 | 1.74 | +£43k |
| 2022 | 1.12 | -£3k |
| 2021 | 1.04 | +£7k |
| 2020 | 0.61 | +£4k |
| 2019 | 0.80 | — |
Derived from filed accounts. Not audited figures.