Fusion 2000 (uk) Ltd
- Small
- Active
- 23 years
- 2 employees
- £37,886 (assets)
- Virtual address
- 3 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Fusion 2000 (uk) Ltd, based in Cheltenham, UK, is a small, active company founded 23 years ago in 2001. With two employees and £37,886 in assets, it operates from a virtual address – a detail worth noting as 168 companies are registered at the same location. The business is a family affair, overseen by three directors and two owners, and has been steadily importing and exporting electrical machinery and equipment for 20 months and 9 months respectively.
The company’s activities center around the manufacturing sector, specifically operating in the "other manufacturing n.e.c." industries. While a website isn't available to analyze, the business appears to be focused on the import and export of electrical equipment, suggesting a B2B model rather than direct-to-consumer e-commerce.
Financially, Fusion 2000 (uk) Ltd’s recent performance presents a mixed picture. Current assets have decreased by 29%, falling to £38,000, while net current assets have also declined significantly by 44% to £25,000. Bank borrowings have increased considerably, rising by 2,400% to £6,900, and cash reserves have vanished entirely. Creditors, however, have decreased by 62%, which could indicate improved management of short-term liabilities. The company’s small size – meeting two of the three conditions for a small company – allows for flexibility, but the sharp decline in equity is concerning. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small, exempt companies.
Despite these challenges, the company’s continued import and export activity suggests ongoing business operations. The decrease in cash reserves and increase in bank borrowings, however, may indicate a need for careful financial management moving forward.
Registered in England/Wales under the registration number 04318577, with a registered address at GL51 4UA, United Kingdom, Cheltenham, Gloucestershire, Northfield House Shurdington Road, Bentham.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
-
Individual
- 23 years
- 1
-
Resident of United Kingdom
-
Individual
- 23 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
-
Confirmation statement made on 2024-11-07 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-03-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Fusion 2000 (uk) Ltd
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