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Fusion Income Acquisitions Limited

12051638

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

20 CENTRAL AVENUE, NORWICH, NR7 0HR
Incorporated 14/06/2019

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/06/2025

Due 17/06/2026

On track

Industry

66190
Other activities auxiliary to financial services

Officers

Mr Michael John Hughes

director · Since 14/06/2019

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 82 other boards

Mr Richard Edward Sloper

director · Since 29/09/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 50

Also on 6 other boards

Persons with Significant Control

Armstrong Energy Limited

75–100% shares
75–100% votes
Appoint directors

20, Central Avenue, Norwich, NR7 0HR

Notified 24/04/2020

Former PSCs

Mr Michael John Hughes

Ceased 24/04/2020

Charges1 outstanding

Charge
outstanding

SOLAR INCOME AND GROWTH LIMITED

Created 30/04/2020Registered 21/05/2020

CompanyRankvs 6196+ SIC 66190 peers
19

Financial strength12th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/12/2024

Net Worth

-£1k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£128k

Working capital

Current Assets

£2k

Current Liabilities

£130k

Fixed Assets

£126k

Debtors

£1

0avg. employees

Balance Sheet

Assets less current liabilities-£1k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£3k
20233.45
20210.12
20200.02

Derived from filed accounts. Not audited figures.