FUSION GROUP LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2026-10-14 (in 5mo)
Last made up 2025-09-30
Watchouts
None on the register
Cash
£3K
-98.6% lowest in 3 filed years
Net assets
£7M
-40.2% lowest in 3 filed years
Employees
119
+142.9% highest in 3 filed years
Profit before tax
-£5M
-410.1% lowest in 3 filed years
Name history
Renamed 3 times since incorporation
- FUSION GROUP LIMITED 2008-10-08 → present
- FUSION GROUP (HOLDINGS) LIMITED 2008-09-23 → 2008-10-08
- FUSION GROUP (HOLDINGS) PLC 1998-07-02 → 2008-09-23
- GWECO 109 LIMITED 1998-05-14 → 1998-07-02
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-09-30
| Metric | Trend | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|
| Turnover | £23,175,000 | £18,162,000 | £15,584,000 | |
| Operating profit | -£344,000 | -£985,000 | -£4,422,000 | |
| Profit before tax | £618,000 | -£940,000 | -£4,795,000 | |
| Net profit | £727,000 | -£690,000 | -£4,612,000 | |
| Cash | £129,000 | £212,000 | £3,000 | |
| Total assets less current liabilities | £12,169,000 | £11,479,000 | £7,378,000 | |
| Net assets | — | £11,479,000 | £6,867,000 | |
| Equity | — | £11,479,000 | £6,867,000 | |
| Average employees | 56 | 49 | 119 | |
| Wages | £2,311,000 | £2,092,000 | £4,490,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|
| Operating margin | -1.5% | -5.4% | -28.4% | |
| Net margin | 3.1% | -3.8% | -29.6% | |
| Return on capital employed | -2.8% | -8.6% | -59.9% | |
| Gearing (liabilities / total assets) | — | 72.3% | 84.1% | |
| Current ratio | — | 1.02x | 0.87x | |
| Interest cover | -2.51x | -1.49x | -4.39x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have formed a judgement that the company has sufficient resources to continue in operation for the foreseeable future and do not believe that there are any material uncertainties which cast significant doubt on the ability of the company to continue as a going concern.”
Group structure
- FUSION GROUP LIMITED · parent
- Fusion Plastics Limited 100%
- Fusion Group Manufacturing Limited 100%
- Fusion Group Holdings Australia Pty Ltd 100%
- AWT Fusion Sdn Bhd 100%
- Fusion Italia SRL 100%
- Fusion Polska Sp Z.O.O 100%
- Fusion Plast Australia Pty Limited 100%
- Ace Plastics Limited 70%
Significant events
- “On 1 October 2023, the trade, assets and liabilities of Fusion Group's subsidiary Fusion Plastics Limited, were acquired. All assets and liabilities were transferred from the subsidiary at their carrying amounts.”
- “Exceptional cost of £1,373,000 relating to the impairment in the investment in subsidiary Fusion Plastics Limited which is no longer trading following the acquisition of it's trade and assets by Fusion Group Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCGUIGAN, Adam | Secretary | 2025-10-01 | — | — |
| HUBBARD, Paul John | Director | 2017-04-07 | Sep 1959 | British |
| JOHANSEN, Joergen Bo | Director | 2018-02-08 | Feb 1969 | Danish |
| KUDSK, Lars | Director | 2017-04-07 | May 1960 | Danish |
| MCGUIGAN, Adam | Director | 2025-10-01 | Apr 1987 | British |
| PALMER, Mark Hubert | Director | 2021-11-29 | Sep 1965 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROADHURST, Gayle | Secretary | 2018-10-30 | 2025-10-01 |
| CAMERON, Kenneth James Coats | Secretary | 1999-05-05 | 2002-09-23 |
| GREEN, Neil Anthony | Secretary | 2002-09-23 | 2018-10-30 |
| WILKES, Susan Mary | Secretary | 1998-06-30 | 1999-09-30 |
| GWECO SECRETARIES LIMITED | Corporate Secretary | 1998-05-14 | 1998-06-30 |
| BAILEY, Enid Mary | Director | 2012-02-03 | 2014-05-28 |
| BAILEY, Michael John | Director | 2007-07-01 | 2014-06-17 |
| BRIDGSTOCK, Eric | Director | 2001-03-01 | 2017-04-07 |
| BRIDGSTOCK, Petronilla Monica Mary | Director | 2012-02-03 | 2016-06-28 |
| BROADHURST, Gayle | Director | 2018-04-08 | 2025-10-01 |
| CAMERON, Kenneth James Coats | Director | 1998-06-30 | 2003-12-08 |
| DE KROON, Garmt Cornelis | Director | 2017-06-10 | 2018-02-01 |
| GREEN, Joanne | Director | 2012-02-03 | 2016-06-28 |
| GREEN, Neil Anthony | Director | 2002-09-23 | 2021-11-29 |
| HAMSHAW, Catherine | Director | 2012-02-03 | 2016-06-28 |
| HAMSHAW, Stephen William | Director | 2009-01-05 | 2017-04-07 |
| HAMSHAW, Stephen William | Director | 2002-05-01 | 2003-02-01 |
| KEMMITT, Mark Michael | Director | 2002-05-01 | 2014-03-31 |
| POWELL, Michael Francis | Director | 2002-05-01 | 2004-10-14 |
| RAINE, Kevin James | Director | 2002-05-01 | 2018-11-12 |
| RAINE, Satu Paivi | Director | 2012-02-03 | 2016-06-28 |
| REYNOLDS, David William | Director | 1998-06-30 | 2001-12-18 |
| WEAVERS, David Frank | Director | 1998-06-30 | 1998-09-25 |
| WILKES, John Michael | Director | 2001-12-10 | 2008-01-30 |
| WILKES, Susan Mary | Director | 1998-06-30 | 1999-09-30 |
| GWECO DIRECTORS LIMITED | Corporate Director | 1998-05-14 | 1998-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Fusion Investco Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-04-07 | Active |
Filing timeline
Last 20 of 209 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-21 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-10-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-04 | AA | accounts | Accounts with accounts type full | |
| 2024-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-25 | AA | accounts | Accounts with accounts type full | |
| 2023-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-13 | AA | accounts | Accounts with accounts type full | |
| 2022-10-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-17 | AA | accounts | Accounts with accounts type full | |
| 2021-11-29 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-29 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-09 | AA | accounts | Accounts with accounts type small | |
| 2020-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-31 | AA | accounts | Accounts with accounts type small | |
| 2019-11-01 | AP01 | officers | Appoint person director company with name date | |
| 2019-11-01 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30
-
Turnover
-14.2%
£18,162,000 £15,584,000
lowest in 3 filed years
-
Cash
-98.6%
£212,000 £3,000
lowest in 3 filed years
-
Net assets
-40.2%
£11,479,000 £6,867,000
-
Employees
+142.9%
49 119
highest in 3 filed years
-
Operating profit
-348.9%
-£985,000 -£4,422,000
lowest in 3 filed years
-
Profit before tax
-410.1%
-£940,000 -£4,795,000
lowest in 3 filed years
-
Wages
+114.6%
£2,092,000 £4,490,000
highest in 3 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers