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Fusion Accounting Ltd

10409195

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

398A EAST PARK ROAD, LEICESTER, LE5 5HH
Incorporated 04/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
82990
Other business support service activities

Officers

Mr Muhammad Fayyaz Suleman

director · Since 04/10/2016

CONSULTANT

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr Abdul Gaffar Suleman

director · Since 01/03/2023

CHARITY WORKER

BRITISH · ENGLAND · Age 75

Persons with Significant Control

Mr Muhammad Fayyaz Suleman

50–75% shares

British · England · Age 52

398a, East Park Road, Leicester, LE5 5HH

Notified 04/10/2016

CompanyRankvs 4227+ SIC 69201 peers
78

Financial strength84th percentile among SIC peers · 21/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 7.05× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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.

Longevity10/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£77k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£89k

Working capital

Current Assets

£89k

Current Liabilities

£13k

4avg. employees+1

Balance Sheet

Assets less current liabilities£89k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20247.05+£28k
2023Infinity

Derived from filed accounts. Not audited figures.