General Fusion (Uk) Limited
11782179
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 21664+ SIC 71129 peers12
Show leaderboard
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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
that the Company will be able to obtain such financings or obtain them on favourable terms. These material uncertainties raise substantial doubt about the Company's ability to continue as a going concern. If adequate funds are not available to the Company on a timely basis, the Company may be required to delay, limit, lower, or cease certain commercial efforts, or pursue merger or acquisition st
Key FinancialsYear ending 31/12/2024
Net Worth
£1
Balance sheet strength
Cash
£110k
Cash in the bank
Net Current Assets
-£17.0M
Working capital
Current Assets
£111k
Current Liabilities
£17.2M
Debtors
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.01 |
| 2021 | 0.87 |
Derived from filed accounts. Not audited figures.