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Fuse Norwich Cic

13924461

active
Community Interest Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

21-23 CASTLE MEADOW, NORWICH, NR1 3DH
Incorporated 18/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Tom Gaskin

director · Since 08/04/2022

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 39

Ms Lucy Hogg

director · Since 08/04/2022

CHARITY WORKER

BRITISH · ENGLAND · Age 56

Ms Willow Elizabeth Farrell

director · Since 19/06/2024

CEO

BRITISH · ENGLAND · Age 32

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr Tom Gaskin

Ceased 08/04/2022

Ms Lucy Parish

Ceased 09/10/2024

Ms Rebecca Jane White

Ceased 01/01/2024

Ms Lucy Hogg

Ceased 08/04/2022

Mr Graham Phillips

Ceased 06/02/2023

Ms Ruth Newton

Ceased 08/04/2022

CompanyRankvs 87550+ SIC 82990 peers
49

Financial strength17th percentile among SIC peers · 4/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 7.21× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees6/15 pts

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

Liquidity20/20 pts

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

Longevity4/15 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 31/03/2025

Turnover

£72k

Annual revenue

Net Worth

£0

Balance sheet strength

Cash

£41k

Cash in the bank

Profit Before Tax

£0

Bottom line earnings

Net Current Assets

£36k

Working capital

Current Assets

£41k

Current Liabilities

£6k

Cost of Sales

£31k

Gross Profit

£41k

Admin Expenses

£41k

Operating Profit

£0

1avg. employees-4

Balance Sheet

Assets less current liabilities£36k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20257.21
20249.07

Derived from filed accounts. Not audited figures.