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Fusion Coatings Ltd

12393063

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

OFFICE 9, DALTON HOUSE, LONDON, SW19 2RR
Incorporated 08/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43330
Floor and wall covering

Officers

Mr David Beech

secretary · Since 08/01/2020

Me David Beech

director · Since 08/01/2020

SALES

BRITISH · UNITED KINGDOM · Age 56

Also on 6 other boards

Persons with Significant Control

Me David Beech

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

British · United Kingdom · Age 56

Office 9, Dalton House, 60 Windsor Avenue, London, SW19 2RR

Notified 08/01/2020

CompanyRankvs 7168+ SIC 43330 peers
39

Financial strength35th percentile among SIC peers · 9/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 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.

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.

Longevity6/15 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 31/01/2022

Net Worth

£519

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£325

Working capital

Current Assets

£38k

Current Liabilities

£38k

Fixed Assets

£844

Debtors

£24k

1avg. employees

Tax at Year End

Corp tax£4k

Director Loans(2021)

Directors owe company£393

Balance Sheet

Assets less current liabilities£519
Prepared with BTCSoftware AP Solution 2022 9.6.01

EstimatesDerived

YearCurrent Ratio
20220.99
20210.58

Derived from filed accounts. Not audited figures.