How much does Fusion Group Limited make?

Fusion Group Limited reported revenue of £18.2m and a loss of £690k in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Fusion Group Limited have?

Fusion Group Limited reported an average of 49 employees in the year to 30 Sep 2023.

Is Fusion Group Limited profitable?

No — Fusion Group Limited reported a loss of £690k in the year to 30 Sep 2023.

Company No. 03563691 · Incorporated 14 May 1998

Fusion Group Limited

Registered name: FUSION GROUP LIMITED

Part of Avk Holding a/S group

Fusion Group Limited made £18.2m revenue and a £690k loss in the year to 30 Sep 2023.

Fusion Group Limited’s revenue fell 22% to £18.2m in the year to 30 Sep 2023, with a loss of £690k and 49 employees. The company is classified under “other professional, scientific and technical activities” and is based in Chesterfield; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: Chesterfield, Yorkshire and The Humber
Age: 28 yrs · since 1998
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Sep 2023

Key figures

Revenue

£18.2m

Growth ▼21.6%

Profit

−£690k

Growth ▼194.9%

Profit margin

−3.8%

Gross 17.4%

Employees

Change ▼12.5%

Profit / employee

−£14.1k

Revenue/employee £371k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.2m	£18.2m
Cost of sales	£18.9m	£15m
Gross profit	£4.2m	£3.2m
Operating profit	−£344k	−£985k
Profit before tax	£618k	−£940k
Profit after tax	£727k	−£690k
Profit (best available)	£727k	−£690k
Staff costs	£2.7m	£2.4m
Employees (average)	56	49
Ratios
Profit margin	3.1%	−3.8%
Gross margin	18.3%	17.4%
Revenue per employee	£414k	£371k
Profit per employee	£13k	−£14.1k
Growth (year on year)
Revenue growth	—	▼21.6%
Profit growth	—	▼194.9%
Headcount growth	—	▼12.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£129k	£212k
Net assets	—	—
Fixed assets	£10.6m	£11m
Current assets	£45.4m	£30.4m
Debtors	£3m	£2.2m
Deferred income	£858k	£328k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: −3.8%; Profit ÷ revenue.
Gross margin: 17.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £371k; Revenue ÷ average employees.
Profit per employee: −£14.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 60.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: ▲64%; Now £212k
Headcount: ▼13%; Now 49
Deferred income: ▼62%; Now £328k
Fixed assets: ▲4%; Now £11m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Avk Holding a/Sultimate parent75–100%
Fusion Investco Limited75–100%
Fusion Group Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Fusion Plastics LimitedRev. £7.9m · Profit −£770k
Fusion Group Manufacturing LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit −£690k), from the Companies House accounts bulk data published Jun 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.