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Fusion 10 Joinery Limited

11354852

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

10 ST. HELENS ROAD, SWANSEA, SA1 4AW
Incorporated 10/05/2018

Compliance

Last accounts

31/12/2020

total exemption full

Next accounts due

31/12/2022

Overdue

Confirmation statement

Last: 09/05/2022

Due 23/05/2023

Overdue

Industry

82990
Other business support service activities

Officers

Mr David Williams

director · Since 10/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 15 other boards

Persons with Significant Control

Mr David Williams

75–100% shares

British · England · Age 78

Tong Lodge, Ruckley, Shifnal, TF11 8PQ

Notified 10/05/2018

Insolvency History1 case

creditors voluntary liquidation16/02/2023

Sandra Mcalister (practitioner) · Simon Thomas Barriball (practitioner)

CompanyRankvs 15+ SIC 82990 peers
19

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity8/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2020

Net Worth

-£220k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£105k

Current Liabilities

£153k

Fixed Assets

£56k

Debtors

£81k

10avg. employees

Balance Sheet

Intangible assets£24k
Assets less current liabilities£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20200.68

Derived from filed accounts. Not audited figures.