FUSION BUSINESS SOLUTIONS LIMITED Financials
- Company number
- 05825732Copy
Copy - Registered office
- 4th Floor, Fora Great Eastern Street, 21-33 Great Eastern Street, London EC2A 3EJ
- Incorporated
- 23/05/2006
Company snapshot
- Status
- Active
- Employees
- 26 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-79.39%vs 20222022: £186.93K
Total Assets
25.84%vs 20222022: £800.16K
Cash in Bank
-69.08%vs 20222022: £156.52K
Total Liabilities
57.92%vs 20222022: £613.23K
Employees
+2vs 20222022: 24
In 2023, FUSION BUSINESS SOLUTIONS LIMITED reported net assets of £38.53K. The same filing shows total assets of £1.01M, cash in bank of £48.40K and total liabilities of £968.40K. Reported headcount was 26 in 2023. Total Liabilities rose from £613.23K in 2022 to £968.40K in 2023 (57.92%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-79.39%from £186.93K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures FUSION BUSINESS SOLUTIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-51.2%vs 2021-30.1% a year compound (CAGR)
Cash in Bank
-54.2%vs 2021-32.3% a year compound (CAGR)
Total Assets
+59.6%vs 2021+26.3% a year compound (CAGR)
Total Liabilities
+75.4%vs 2021+32.4% a year compound (CAGR)
Employees
+4%vs 2021+1Biggest increase
Total Liabilities+75.4%
£552.09K in 2021 to £968.40K in 2023
Biggest decrease
Cash in Bank-54.2%
£105.63K in 2021 to £48.40K in 2023
FUSION BUSINESS SOLUTIONS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FUSION BUSINESS SOLUTIONS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 3.83%2023
- Liabilities to total assets
- 96.17%2023
- Cash to liabilities
- 5.00%2023
- Cash to total assets
- 4.81%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FUSION BUSINESS SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 78.92K | 186.93K | 38.53K |
| Total Assets£ | 631.01K | 800.16K | 1.01M |
| Cash in Bank£ | 105.63K | 156.52K | 48.40K |
| Total Liabilities£ | 552.09K | 613.23K | 968.40K |
| Employees | 25 | 24 | 26 |
FUSION BUSINESS SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has FUSION BUSINESS SOLUTIONS LIMITED filed financial statements?
Yes. Okredo holds filed figures for FUSION BUSINESS SOLUTIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did FUSION BUSINESS SOLUTIONS LIMITED report in 2023?
FUSION BUSINESS SOLUTIONS LIMITED reported net assets of £38.53K for 2023. That compares with £186.93K in 2022, a change of -79.39%.
What total assets did FUSION BUSINESS SOLUTIONS LIMITED report in 2023?
FUSION BUSINESS SOLUTIONS LIMITED reported total assets of £1.01M for 2023. That compares with £800.16K in 2022, a change of 25.84%.
What cash in bank did FUSION BUSINESS SOLUTIONS LIMITED report in 2023?
FUSION BUSINESS SOLUTIONS LIMITED reported cash in bank of £48.40K for 2023. That compares with £156.52K in 2022, a change of -69.08%.
How many people does FUSION BUSINESS SOLUTIONS LIMITED employ?
FUSION BUSINESS SOLUTIONS LIMITED reported 26 employees in 2023, compared with 24 in 2022.
How have FUSION BUSINESS SOLUTIONS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, FUSION BUSINESS SOLUTIONS LIMITED's net assets fell by 51.2%, cash in bank fell by 54.2%, total assets rose by 59.6% and total liabilities rose by 75.4%. Net assets contracted at 30.1% a year across the two years to 2023, from £78.92K to £38.53K. Reported headcount went from 25 in 2021 to 26 in 2023 (+1).
Which years of FUSION BUSINESS SOLUTIONS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.