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Fusion408 Ltd

13740460

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

40 BROADWAY LANE, BOURNEMOUTH, BH8 0AA
Incorporated 12/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Athukoralage Thusitha Lal De Silva

director · Since 12/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Mr Sean James Harrison

director · Since 12/11/2021

DIRECTOR

BRITISH · GERMANY · Age 64

Persons with Significant Control

Carcelona Limited

25–50% shares
25–50% votes

40, Broadway Lane, Bournemouth, BH8 0AA

Reg: 04932803 · Register Of Companies · Company Limited By Shares

Notified 12/11/2021

Cocoon West Limited

25–50% shares
25–50% votes

40, Broadway Lane, Bournemouth, BH8 0AA

Reg: 07495962 · Register Of Companies · Company Limited By Shares

Notified 12/11/2021

Charges2 outstanding

Charge
outstanding

INFLOW PROPERTY INVESTMENTS LIMITED

Created 20/03/2023Registered 20/03/2023
Charge
outstanding

INFLOW PROPERTY INVESTMENTS LIMITED

Created 20/03/2023Registered 20/03/2023
Charge
satisfied

SUCCEED IN PROPERTY LTD

Created 09/03/2022Registered 17/03/2022Satisfied 21/10/2023
Charge
satisfied

SUCCEED IN PROPERTY LTD

Created 09/03/2022Registered 15/03/2022Satisfied 21/10/2023

CompanyRankvs 63357+ SIC 41100 peers
30

Financial strength7th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 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.

Liquidity16/20 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.

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 30/11/2024

Net Worth

-£83k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£11k

Current Liabilities

£6k

Fixed Assets

£199k

0avg. employees

Balance Sheet

Assets less current liabilities£203k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.75-£9k
2023146.78-£68k
2022157.05

Derived from filed accounts. Not audited figures.