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Fusion Elec Ltd

13572534

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 7 EASTER COURT, WARRINGTON, WA5 7ZB
Incorporated 18/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Peter Dutton

director · Since 01/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Mr Can Selcuk

director · Since 01/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Mr Kaan Selcuk

director · Since 01/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 3 other boards

Persons with Significant Control

Fusion Ventures Group Ltd

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

Unit 7, Easter Court, Warrington, WA5 7ZB

Reg: 14384821 · Companies House · Limited Company

Notified 01/09/2022

Mr Can Selcuk

Significant control

British · England · Age 41

Unit 7, Easter Court, Warrington, WA5 7ZB

Notified 01/09/2022

Mr Kaan Selcuk

Significant control

British · England · Age 38

Unit 7, Easter Court, Warrington, WA5 7ZB

Notified 01/09/2022

Mr Peter Dutton

Significant control

British · United Kingdom · Age 38

Unit 7, Easter Court, Warrington, WA5 7ZB

Notified 01/09/2022

Former PSCs

Mr Peter Dutton

Ceased 19/04/2022

Kristyan Carter

Ceased 01/09/2022

Mr Kaan Selcuk

Ceased 19/04/2022

CompanyRankvs 33205+ SIC 43210 peers
41

Financial strength2th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

Longevity5/15 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 31/01/2025

Net Worth

-£49k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£308k

Current Liabilities

£363k

Fixed Assets

£6k

Debtors

£269k

13avg. employees+9

Tax at Year End

Corp tax£2k
VAT£98k

Director Loans(2023)

Company owes directors£190

Balance Sheet

Assets less current liabilities-£49k
Signed by K Selcuk 23/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.85+£44k£2.0M
20230.75£9k

Derived from filed accounts. Not audited figures.