Fuseaware Limited

Fuseaware Ltd, based in St. Albans, UK, is a small, active company founded nine years ago in 2016. With five employees and £45,836 in assets, it's a solo-founded operation managed by two directors and a single owner. The company operates in the information technology consultancy activities industries and is an irregular importer, with its top import category being clocks, watches, and their parts, totaling one month of imports. The last import operation was conducted on July 01, 2022.

The company's website, fuseaware.co.uk, showcases a range of services including software development, cloud computing, and cybersecurity consulting. It’s not a traditional e-commerce site, but rather a platform to promote its expertise and attract clients seeking IT solutions. The site emphasizes a client-centric approach, with case studies highlighting successful projects and testimonials from satisfied customers. While the site is well-designed and informative, it lacks a blog or news section, suggesting a focus on direct client engagement rather than content marketing.

Financially, Fuseaware Ltd presents a mixed picture. Current assets have plummeted by a staggering 90%, falling to £46,000, while net assets remained relatively stable at £510,000. Bank borrowings decreased by 34%, reaching £15,000, and cash reserves have virtually disappeared, falling 100% to just £1. Creditors also decreased significantly, dropping 34% to £15,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the dramatic drop in cash reserves is concerning. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

The company’s reliance on a single owner and the significant decrease in cash reserves suggest it may be facing financial challenges. While the IT consultancy sector remains robust, Fuseaware Ltd will need to carefully manage its expenses and secure new clients to ensure its long-term viability. It’s a small business with a lot of potential, but it needs to navigate these financial pressures to thrive.

Registered in England/Wales under the registration number 09951655, with a registered address at AL3 4DH, England, St. Albans, Hertfordshire, The Old Church, Verulam Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.