FUSION WELDING AND FABRICATION LIMITED Financials
- Company number
- 04608759CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- 2 School Close, North Street Pennington, Lymington, Hampshire SO41 8FZ
- Incorporated
- 04/12/2002
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
24.72%vs 20232023: £95.72K
Total Assets
0.51%vs 20232023: £344.12K
Cash in Bank
185.56%vs 20232023: £13.17K
Total Liabilities
5.27%vs 20232023: £92.31K
Employees
0vs 20232023: 4
In 2024, FUSION WELDING AND FABRICATION LIMITED reported net assets of £119.38K. The same filing shows total assets of £345.87K, cash in bank of £37.61K and total liabilities of £97.18K. Reported headcount was 4 in 2024. Cash in Bank rose from £13.17K in 2023 to £37.61K in 2024 (185.56%). 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
24.72%from £95.72K 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 WELDING AND FABRICATION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+21.8%vs 2022+10.4% a year compound (CAGR)
Cash in Bank
+13%vs 2022+6.3% a year compound (CAGR)
Total Assets
+2.8%vs 2022+1.4% a year compound (CAGR)
Total Liabilities
-0.9%vs 2022-0.4% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+21.8%
£98.00K in 2022 to £119.38K in 2024
Biggest decrease
Total Liabilities-0.9%
£98.02K in 2022 to £97.18K in 2024
FUSION WELDING AND FABRICATION 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FUSION WELDING AND FABRICATION 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
- 34.52%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
- 28.10%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
- 38.70%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
- 10.87%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 WELDING AND FABRICATION 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£ | 132.55K | 98.00K | 95.72K | 119.38K |
| Total Assets£ | 392.15K | 336.51K | 344.12K | 345.87K |
| Cash in Bank£ | 71.34K | 33.27K | 13.17K | 37.61K |
| Total Liabilities£ | 111.57K | 98.02K | 92.31K | 97.18K |
| Employees | 5 | 4 | 4 | 4 |
FUSION WELDING AND FABRICATION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FUSION WELDING AND FABRICATION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
FUSION WELDING AND FABRICATION LIMITED reported net assets of £119.38K for 2024. That compares with £95.72K in 2023, a change of 24.72%.
FUSION WELDING AND FABRICATION LIMITED reported total assets of £345.87K for 2024. That compares with £344.12K in 2023, a change of 0.51%.
FUSION WELDING AND FABRICATION LIMITED reported cash in bank of £37.61K for 2024. That compares with £13.17K in 2023, a change of 185.56%.
FUSION WELDING AND FABRICATION LIMITED reported 4 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, FUSION WELDING AND FABRICATION LIMITED's net assets rose by 21.8%, cash in bank rose by 13%, total assets rose by 2.8% and total liabilities fell by 0.9%. Net assets compounded at 10.4% a year across the two years to 2024, from £98.00K to £119.38K. Reported headcount went from 4 in 2022 to 4 in 2024.
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.