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Fusion Real Estate Limited

10507327

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

18 PRIORY GROVE 18 PRIORY GROVE, NEWPORT, NP18 2NY
Incorporated 01/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Kutirai Ngundu

director · Since 01/12/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Ms Tsungai Ngundu

director · Since 01/12/2016

COMPANY SECRETARY

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Persons with Significant Control

Ms Tsungai Ngundu

25–50% shares

British · England · Age 47

32, Lanes End, Bristol, BS4 5DP

Notified 01/12/2016

Mr Kutirai Ngundu

25–50% shares

British · England · Age 56

32, Lanes End, Bristol, BS4 5DP

Notified 01/12/2016

Former PSCs

Mr Tinashe, Victor Ngundu

Ceased 01/01/2018

Charges2 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 17/11/2023Registered 21/11/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 22/06/2022Registered 24/06/2022
Charge
satisfied

PRECISE MORTGAGES

Created 05/06/2018Registered 12/06/2018Satisfied 21/11/2023

CompanyRankvs 77125+ SIC 68100 peers
36

Financial strength71th percentile among SIC peers · 18/25
Employees19th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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.

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 31/03/2025

Net Worth

£19k

Balance sheet strength

Cash

£623

Cash in the bank

Net Current Assets

-£84k

Working capital

Current Assets

Current Liabilities

£85k

0avg. employees

Balance Sheet

Bank loans & overdrafts£138k
Assets less current liabilities£156k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£6k
20230.02
202161.54

Derived from filed accounts. Not audited figures.