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FUSION INSURANCE SERVICES LIMITED

Company TypePrivate Limited
Company Number04070987
Incorporated2000-09-13
IndustryNon-life insurance
Websitehttp://www.fusioninsurance.co.uk
Phone Number0121 200 8700
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

FUSION INSURANCE SERVICES LIMITED was formed on the 13th September 2000 (filed on the 27th September 2017) , and are based in West Midlands, 172 Edmund Street. They are currently rated A and are considered to represent an average risk score. Their credit score was last updated on 24th October 2017 when it was upgraded to the current A from B. Companies house classifies them as Full Accounts. This information was last updated on the 26th October 2017.

In 2016, they made a post-tax profit of £2,580,000 on a turnover of £17,822,000 (down 154% from 2015) .

There is 1 major shareholder listed for FUSION INSURANCE SERVICES LIMITED with Fusion Insurance Holdings Limited owning the most shares by value.

Addresses

Registered address

Towergate House Eclipse Park,
Sittingbourne Road
Maidstone
Kent
ME14 3EN

Trading addresses

172 Edmund Street
Birmingham
West Midlands
B3 2HB
71
FENCHURCH STREET
LONDON
EC3M 4HH
Aspect Court,
116 West Regent St
Glasgow
Lanarkshire
G2 2QD
2 Cushman Avenue
Wombourne
Wolverhampton
West Midlands
WV5 8ES
45 Church Street
Birmingham
West Midlands
B3 2RT
4 more trading addresses not shown.

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £9,115,000 £7,036,000 £7,905,000 £15,418,217 £8,571,218
Tangible net worth £35,112,000 £32,659,000 £33,850,000 £28,335,085 £35,296,260
Current liabilities £23,001,000 £17,305,000 £11,587,000 £44,112,186 £32,698,333
Current assets £59,212,000 £51,258,000 £47,103,000 £73,649,203 £69,716,055
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 2.57 2.96 4.07 1.67 2.13
Efficiency ratios
Return on assets 0.04 -0.08 0.11 0.02 0.07
Return on capital employed 0.07 -0.12 0.13 0.06 0.16
Gearing ratios
Debt to equity ratio 4971.00 3871.60 2801.00 8891.87 6712.40
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - - - - -

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Details of 7 mortgages available.

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