# FUSION PRACTICES LTD (07103004)

> FUSION PRACTICES LTD is an active private limited company (company number 07103004) incorporated on 12 December 2009, registered in London. Its registered activity is business and domestic software development (SIC 62012). Latest group accounts cover the period ending 31 December 2024, showing net assets of £12.96m and cash of £8.84m, with 32 employees on average. Net assets rose 18% on the prior period (£10.95m).

- Status: Active
- Incorporated: 2009-12-12
- Registered office: London, EC1M 4AY
- SIC 62012: Business and domestic software development
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-12-26
- Accounts type: GROUP

By net assets it sits in the top quarter of 15,170 comparable companies in London (median £702, upper quartile £27k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £12.96m | £8.84m | £1.71m | £1.17m | — | £2.21m | 32 |
| 2023-12-31 | £10.95m | £7.46m | £1.56m | £1.65m | — | £2.75m | 31 |
| 2023-01-01 | — | — | — | — | — | — | — |

current ratio 9; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £12,958,720 at 31 December 2024
- Net assets up 10% or more on the prior period: +18.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 9.0
- Cash at bank of £50,000 or more: Cash £8,838,575
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 12 December 2009
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Fusion Practices Holdings Ltd (corporate-entity) — owns 75–100% of shares, since 2024-03-08

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/07103004
HTML: https://firmoscan.com/company/07103004-fusion-practices-ltd