How much does Fusion Plastics Limited make?

Fusion Plastics Limited reported revenue of £7.9m and a loss of £770k in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Fusion Plastics Limited have?

Fusion Plastics Limited reported an average of 82 employees in the year to 30 Sep 2023.

Is Fusion Plastics Limited profitable?

No — Fusion Plastics Limited reported a loss of £770k in the year to 30 Sep 2023.

Company No. 03563739 · Incorporated 14 May 1998

Fusion Plastics Limited

Registered name: FUSION PLASTICS LIMITED

Part of Avk Holding a/S group

Fusion Plastics Limited made £7.9m revenue and a £770k loss in the year to 30 Sep 2023.

Fusion Plastics Limited’s revenue fell 26% to £7.9m in the year to 30 Sep 2023, with a loss of £770k and 82 employees. The company is classified under “manufacture of plastics in primary forms” and is based in Chesterfield; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 20160Manufacture of plastics in primary forms SIC 28290Manufacture of other general-purpose machinery n.e.c.SIC 46740Wholesale of hardware, plumbing and heating equipment and supplies SIC 77390Renting and leasing of other machinery, equipment and tangible goods 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

£7.9m

Growth ▼25.7%

Profit

−£770k

Growth —

Profit margin

−9.8%

Gross 32.9%

Employees

Change ▼19.6%

Profit / employee

−£9.4k

Revenue/employee £96.1k

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)	£10.6m	£7.9m
Cost of sales	£6.8m	£5.3m
Gross profit	£3.8m	£2.6m
Operating profit	−£857k	−£548k
Profit before tax	−£899k	−£600k
Profit after tax	−£649k	−£770k
Profit (best available)	−£649k	−£770k
Staff costs	£3.2m	£2.6m
Employees (average)	102	82
Ratios
Profit margin	−6.1%	−9.8%
Gross margin	36.2%	32.9%
Revenue per employee	£104k	£96.1k
Profit per employee	−£6.4k	−£9.4k
Growth (year on year)
Revenue growth	—	▼25.7%
Headcount growth	—	▼19.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£205k	£424k
Net assets	£3.3m	£2.5m
Fixed assets	£1.7m	£1.7m
Current assets	£29.5m	£12.3m
Debtors	£0	£9k
Deferred income	£668k	£312k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: −9.8%; Profit ÷ revenue.
Gross margin: 32.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £96.1k; Revenue ÷ average employees.
Profit per employee: −£9.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 21.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: ▼23%; Now £2.5m
Cash at bank: ▲107%; Now £424k
Headcount: ▼20%; Now 82
Deferred income: ▼53%; Now £312k
Fixed assets: ▲2%; Now £1.7m

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 Limited75–100%
Fusion Plastics Limitedthis company

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

Sister companies (1)

Fusion Group Manufacturing LimitedFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit −£770k), 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.