FUSION TECHNOLOGY LIMITED Financials
- Company number
- 05904975CopyCopy
- Registered office
- Unit G3 Chaucer Business Park, Dittons Road, Polegate BN26 6QH
- Incorporated
- 14/08/2006
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
33.60%vs 20232023: £7.50K
Total Assets
-6.30%vs 20232023: £269.71K
Cash in Bank
60.52%vs 20232023: £15.55K
Total Liabilities
-7.44%vs 20232023: £262.21K
Employees
-3vs 20232023: 7
In 2024, FUSION TECHNOLOGY LIMITED reported net assets of £10.02K. The same filing shows total assets of £252.71K, cash in bank of £24.97K and total liabilities of £242.69K. Reported headcount was 4 in 2024. Total Liabilities fell from £262.21K in 2023 to £242.69K in 2024 (-7.44%). 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
33.60%from £7.50K in 2023Year-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 TECHNOLOGY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+59.1%vs 2022+26.2% a year compound (CAGR)
Cash in Bank
-56.1%vs 2022-33.8% a year compound (CAGR)
Total Assets
-13.9%vs 2022-7.2% a year compound (CAGR)
Total Liabilities
-15.5%vs 2022-8.1% a year compound (CAGR)
Employees
-55.6%vs 2022-5Biggest increase
Net Assets+59.1%
£6.30K in 2022 to £10.02K in 2024
Biggest decrease
Cash in Bank-56.1%
£56.93K in 2022 to £24.97K in 2024
FUSION TECHNOLOGY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 TECHNOLOGY 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
- 3.96%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
- 96.04%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
- 10.29%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
- 9.88%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 TECHNOLOGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 129.29K | 6.30K | 7.50K | 10.02K |
| Total Assets£ | 278.20K | 293.42K | 269.71K | 252.71K |
| Cash in Bank£ | 6.32K | 56.93K | 15.55K | 24.97K |
| Total Liabilities£ | 144.72K | 287.12K | 262.21K | 242.69K |
| Employees | 7 | 9 | 7 | 4 |
FUSION TECHNOLOGY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FUSION TECHNOLOGY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
FUSION TECHNOLOGY LIMITED reported net assets of £10.02K for 2024. That compares with £7.50K in 2023, a change of 33.60%.
FUSION TECHNOLOGY LIMITED reported total assets of £252.71K for 2024. That compares with £269.71K in 2023, a change of -6.30%.
FUSION TECHNOLOGY LIMITED reported cash in bank of £24.97K for 2024. That compares with £15.55K in 2023, a change of 60.52%.
FUSION TECHNOLOGY LIMITED reported 4 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, FUSION TECHNOLOGY LIMITED's net assets rose by 59.1%, cash in bank fell by 56.1%, total assets fell by 13.9% and total liabilities fell by 15.5%. Net assets compounded at 26.2% a year across the two years to 2024, from £6.30K to £10.02K. Reported headcount went from 9 in 2022 to 4 in 2024 (-5).
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.