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FUSION PRACTICES LTD Financials

Company number
07103004Copy
Copy
Registered office
24 St. John Street, London EC1M 4AY
Incorporated
12/12/2009

Company snapshot

Status
Active
Employees
32 (2024)
Latest financial data
2024
Accounts type
Group

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£12.96M2024
18.32%vs 2023

2023: £10.95M

Total Assets

£17.57M2024
9.47%vs 2023

2023: £16.05M

Cash in Bank

£8.84M2024
18.45%vs 2023

2023: £7.46M

Total Liabilities

£1.20M2024
-28.03%vs 2023

2023: £1.67M

Employees

322024
+1vs 2023

2023: 31

In 2024, FUSION PRACTICES LTD reported net assets of £12.96M. The same filing shows total assets of £17.57M, cash in bank of £8.84M and total liabilities of £1.20M. Reported headcount was 32 in 2024. Net Assets rose from £10.95M in 2023 to £12.96M in 2024 (18.32%). Okredo holds filed figures for 2021–2024; 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

£12.96M2024
18.32%from £10.95M in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures FUSION PRACTICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£8.40M2022£12.96M2024
+54.3%vs 2022

+24.2% a year compound (CAGR)

Cash in Bank

£8.07M2022£8.84M2024
+9.5%vs 2022

+4.6% a year compound (CAGR)

Total Assets

£9.84M2022£17.57M2024
+78.5%vs 2022

+33.6% a year compound (CAGR)

Total Liabilities

£1.44M2022£1.20M2024
-16.5%vs 2022

-8.6% a year compound (CAGR)

Employees

312022322024
+3.2%vs 2022+1

Biggest increase

Total Assets+78.5%

£9.84M in 2022 to £17.57M in 2024

Biggest decrease

Total Liabilities-16.5%

£1.44M in 2022 to £1.20M in 2024

FUSION PRACTICES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FUSION PRACTICES LTD'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
73.77%2024
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.
Liabilities to total assets
6.85%2024
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.
Cash to liabilities
734.44%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
50.32%2024
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 PRACTICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£5.12M8.40M10.95M12.96M
Total Assets£6.39M9.84M16.05M17.57M
Cash in Bank£5.46M8.07M7.46M8.84M
Total Liabilities£1.27M1.44M1.67M1.20M
Employees34313132

FUSION PRACTICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for FUSION PRACTICES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

FUSION PRACTICES LTD reported net assets of £12.96M for 2024. That compares with £10.95M in 2023, a change of 18.32%.

FUSION PRACTICES LTD reported total assets of £17.57M for 2024. That compares with £16.05M in 2023, a change of 9.47%.

FUSION PRACTICES LTD reported cash in bank of £8.84M for 2024. That compares with £7.46M in 2023, a change of 18.45%.

FUSION PRACTICES LTD reported 32 employees in 2024, compared with 31 in 2023.

Between 2022 and 2024, FUSION PRACTICES LTD's net assets rose by 54.3%, cash in bank rose by 9.5%, total assets rose by 78.5% and total liabilities fell by 16.5%. Net assets compounded at 24.2% a year across the two years to 2024, from £8.40M to £12.96M. Reported headcount went from 31 in 2022 to 32 in 2024 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.