fuse 2 communications ltd
fuse 2 communications ltd Company Information
Company Number
09556526
Website
www.fuse2.netRegistered Address
glebe farm down street, dummer, basingstoke, RG25 2AD
Industry
Other telecommunications activities
Telephone
03300880333
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
southern communications holdings limited 100%
fuse 2 communications ltd Estimated Valuation
Pomanda estimates the enterprise value of FUSE 2 COMMUNICATIONS LTD at £442.8k based on a Turnover of £619k and 0.72x industry multiple (adjusted for size and gross margin).
fuse 2 communications ltd Estimated Valuation
Pomanda estimates the enterprise value of FUSE 2 COMMUNICATIONS LTD at £595.8k based on an EBITDA of £227.1k and a 2.62x industry multiple (adjusted for size and gross margin).
fuse 2 communications ltd Estimated Valuation
Pomanda estimates the enterprise value of FUSE 2 COMMUNICATIONS LTD at £1.2m based on Net Assets of £405.3k and 3.04x industry multiple (adjusted for liquidity).
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Fuse 2 Communications Ltd Overview
Fuse 2 Communications Ltd is a live company located in basingstoke, RG25 2AD with a Companies House number of 09556526. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in April 2015, it's largest shareholder is southern communications holdings limited with a 100% stake. Fuse 2 Communications Ltd is a young, small sized company, Pomanda has estimated its turnover at £619k with rapid growth in recent years.
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Fuse 2 Communications Ltd Health Check
Pomanda's financial health check has awarded Fuse 2 Communications Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £619k, make it smaller than the average company (£11.7m)
- Fuse 2 Communications Ltd
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (3.5%)
- Fuse 2 Communications Ltd
3.5% - Industry AVG
Production
with a gross margin of 19%, this company has a higher cost of product (38.2%)
- Fuse 2 Communications Ltd
38.2% - Industry AVG
Profitability
an operating margin of 28.6% make it more profitable than the average company (4.5%)
- Fuse 2 Communications Ltd
4.5% - Industry AVG
Employees
with 8 employees, this is below the industry average (51)
8 - Fuse 2 Communications Ltd
51 - Industry AVG
Pay Structure
on an average salary of £58.2k, the company has an equivalent pay structure (£58.2k)
- Fuse 2 Communications Ltd
£58.2k - Industry AVG
Efficiency
resulting in sales per employee of £77.4k, this is less efficient (£223.2k)
- Fuse 2 Communications Ltd
£223.2k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (39 days)
- Fuse 2 Communications Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 88 days, this is slower than average (44 days)
- Fuse 2 Communications Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fuse 2 Communications Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (9 weeks)
24 weeks - Fuse 2 Communications Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.5%, this is a similar level of debt than the average (63.6%)
61.5% - Fuse 2 Communications Ltd
63.6% - Industry AVG
FUSE 2 COMMUNICATIONS LTD financials
Fuse 2 Communications Ltd's latest turnover from March 2023 is estimated at £619 thousand and the company has net assets of £405.3 thousand. According to their latest financial statements, Fuse 2 Communications Ltd has 8 employees and maintains cash reserves of £286.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 8 | 7 | 7 | 5 | 3 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 111,792 | 143,818 | 54,520 | 46,316 | 40,537 | 48,836 | 25,306 | 33,583 |
| Intangible Assets | 80,904 | 78,030 | 83,644 | 81,661 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 192,696 | 221,848 | 138,164 | 127,977 | 40,537 | 48,836 | 25,306 | 33,583 |
| Stock & work in progress | 0 | 0 | 7,500 | 6,876 | 6,486 | 0 | 0 | 0 |
| Trade Debtors | 95,224 | 18,685 | 29,649 | 18,149 | 11,255 | 76,644 | 54,475 | 7,048 |
| Group Debtors | 129,293 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 348,646 | 245,414 | 210,276 | 177,481 | 127,085 | 31,223 | 0 | 0 |
| Cash | 286,662 | 124,647 | 21,376 | 12,907 | 10,711 | 2,905 | 412 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 859,825 | 388,746 | 268,801 | 215,413 | 155,537 | 110,772 | 54,887 | 7,048 |
| total assets | 1,052,521 | 610,594 | 406,965 | 343,390 | 196,074 | 159,608 | 80,193 | 40,631 |
| Bank overdraft | 0 | 48,808 | 8,322 | 23,030 | 0 | 5,485 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 121,849 | 88,891 | 81,007 | 87,303 | 38,718 | 6,778 | 15,984 | 53,246 |
| Group/Directors Accounts | 1,680 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 475,765 | 204,137 | 72,154 | 33,185 | 24,850 | 30,423 | 0 | 0 |
| total current liabilities | 599,294 | 341,836 | 161,483 | 143,518 | 63,568 | 42,686 | 15,984 | 53,246 |
| loans | 0 | 0 | 43,571 | 50,104 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 48,300 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 65,247 | 71,553 | 77,493 | 83,088 | 0 | 0 |
| provisions | 47,890 | 11,819 | 11,819 | 8,765 | 6,881 | 9,279 | 0 | 0 |
| total long term liabilities | 47,890 | 11,819 | 120,637 | 130,422 | 84,374 | 92,367 | 48,300 | 0 |
| total liabilities | 647,184 | 353,655 | 282,120 | 273,940 | 147,942 | 135,053 | 64,284 | 53,246 |
| net assets | 405,337 | 256,939 | 124,845 | 69,450 | 48,132 | 24,555 | 15,909 | -12,615 |
| total shareholders funds | 405,337 | 256,939 | 124,845 | 69,450 | 48,132 | 24,555 | 15,909 | -12,615 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 36,509 | 27,336 | 14,112 | 12,291 | 12,706 | 16,279 | 8,436 | 11,194 |
| Amortisation | 13,577 | 9,679 | 9,017 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | -7,500 | 624 | 390 | 6,486 | 0 | 0 | 0 |
| Debtors | 309,064 | 24,174 | 44,295 | 57,290 | 30,473 | 53,392 | 47,427 | 7,048 |
| Creditors | 32,958 | 7,884 | -6,296 | 48,585 | 31,940 | -9,206 | -37,262 | 53,246 |
| Accruals and Deferred Income | 271,628 | 131,983 | 38,969 | 8,335 | -5,573 | 30,423 | 0 | 0 |
| Deferred Taxes & Provisions | 36,071 | 0 | 3,054 | 1,884 | -2,398 | 9,279 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,680 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -43,571 | -6,533 | 50,104 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -48,300 | 48,300 | 0 |
| other long term liabilities | 0 | -65,247 | -6,306 | -5,940 | -5,595 | 83,088 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 162,015 | 103,271 | 8,469 | 2,196 | 7,806 | 2,493 | 412 | 0 |
| overdraft | -48,808 | 40,486 | -14,708 | 23,030 | -5,485 | 5,485 | 0 | 0 |
| change in cash | 210,823 | 62,785 | 23,177 | -20,834 | 13,291 | -2,992 | 412 | 0 |
fuse 2 communications ltd Credit Report and Business Information
Fuse 2 Communications Ltd Competitor Analysis
Perform a competitor analysis for fuse 2 communications ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in RG25 area or any other competitors across 12 key performance metrics.
fuse 2 communications ltd Ownership
FUSE 2 COMMUNICATIONS LTD group structure
Fuse 2 Communications Ltd has no subsidiary companies.
Ultimate parent company
2 parents
FUSE 2 COMMUNICATIONS LTD
09556526
fuse 2 communications ltd directors
Fuse 2 Communications Ltd currently has 9 directors. The longest serving directors include Mr Paul Bradford (Jun 2022) and Mr Mathew Kirk (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Bradford | United Kingdom | 56 years | Jun 2022 | - | Director |
| Mr Mathew Kirk | United Kingdom | 54 years | Jun 2022 | - | Director |
| Mr David Phillips | England | 56 years | Jun 2022 | - | Director |
| Mr Mathew Kirk | United Kingdom | 54 years | Jun 2022 | - | Director |
| Mr James Wilson | United Kingdom | 58 years | Jun 2022 | - | Director |
| Mr James Wilson | United Kingdom | 58 years | Jun 2022 | - | Director |
| Mr Paul Bradford | United Kingdom | 56 years | Jun 2022 | - | Director |
| Mr Alex Moody | United Kingdom | 56 years | Jun 2022 | - | Director |
| Mrs Michelle Moody | United Kingdom | 56 years | Jun 2022 | - | Director |
P&L
March 2023turnover
619k
+67%
operating profit
177k
0%
gross margin
19%
+7.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
405.3k
+0.58%
total assets
1.1m
+0.72%
cash
286.7k
+1.3%
net assets
Total assets minus all liabilities
fuse 2 communications ltd company details
company number
09556526
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
April 2015
age
9
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
fuse 2.0 ltd (June 2016)
accountant
-
auditor
-
address
glebe farm down street, dummer, basingstoke, RG25 2AD
Bank
-
Legal Advisor
-
fuse 2 communications ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to fuse 2 communications ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
fuse 2 communications ltd Companies House Filings - See Documents
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