FUSION PEOPLE LIMITED
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Cash
£1.7M
-23% vs 2023
Net assets
£3.5M
-15.6% vs 2023
Employees
99
-4.8% vs 2023
Profit before tax
-£838K
-2,382.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £63,385,043 | £56,705,299 | -10.5% | |
| Operating profit | — | — | — | — | £287,957 | -£644,958 | -324% | |
| Profit before tax | — | — | — | — | £36,731 | -£838,353 | -2,382.4% | |
| Net profit | £982,291 | £883,079 | £1,086,679 | £770,641 | -£11,619 | -£656,426 | -5,549.6% | |
| Cash | £1,459,095 | £1,931,830 | £2,293,396 | £2,498,994 | £2,231,637 | £1,718,186 | -23% | |
| Total assets less current liabilities | £1,600,392 | £2,483,471 | £3,570,150 | £4,340,791 | £4,253,971 | £3,578,006 | -15.9% | |
| Net assets | £1,600,392 | £2,483,471 | £3,570,150 | £4,340,791 | £4,196,150 | £3,539,724 | -15.6% | |
| Equity | £1,600,392 | £2,483,471 | £3,570,150 | £4,340,791 | £4,154,700 | £3,589,399 | -13.6% | |
| Average employees | 100 | 369 | 399 | 91 | 104 | 99 | -4.8% | |
| Wages | — | — | — | — | £4,044,982 | £4,215,590 | +4.2% | |
| Directors' remuneration | — | — | — | — | £584,711 | £428,975 | -26.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 0.5% | -1.1% | |
| Net margin | — | — | — | — | -0.0% | -1.2% | |
| Return on capital employed | — | — | — | — | 6.8% | -18.0% | |
| Current ratio | — | — | — | — | 1.29x | 1.25x | |
| Interest cover | — | — | — | — | 1.15x | -3.33x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- FUSION PEOPLE LIMITED 2003-09-17 → present
- SOUTHLANDS CONSULTANCY LTD 2003-08-21 → 2003-09-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Langtons Professional Services Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- FUSION PEOPLE LIMITED · parent
- Fusion People Employees' Trustee Limited 100%
- Fusion People Infrastructure Limited 100%
- Fusion People Consultancy Services Limited 100%
- Hades Group Limited 70%
- Prima SGH Limited 100%
- Lane Global Limited 100%
- Hillman Saunders Limited 100%
- Prima Services Group Limited 100%
- Hades Hire Limited 70%
- Hades Infrastructure Limited 70%
Significant events
- “This financial year brought with it some additional challenges in the Rail and Construction sectors which have reduced our profitability for the year.”
- “In October 2023, Fusion People purchased a small group of companies to enable us to better meet our clients' needs to deliver package works in conjunction with labour supply, including a rail and civils construction business and a tool hire business.”
- “The Managing Director has now left the business in Aug 2025, and there is no intention to replace, on the contrary the current CEO will be taking up those responsibilities, support by other senior Management within the group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROOKSBANK, Michael Christopher | Director | 2026-03-09 | Dec 1968 | British |
| ROWBOTHAM, Christopher Andrew | Director | 2026-03-09 | Oct 1981 | British |
| WARD, Richard Robert | Director | 2014-04-01 | Feb 1967 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FENN, Christopher James | Secretary | 2004-01-26 | 2016-10-12 |
| KIRPALANI, Rakesh | Secretary | 2016-10-12 | 2019-10-01 |
| PERRY, Elizabeth | Secretary | 2003-08-29 | 2004-01-26 |
| WILLIS, Nicola Dawn | Secretary | 2019-10-01 | 2026-03-08 |
| ABACUS COMPANY SECRETARY LTD | Corporate Secretary | 2003-08-21 | 2003-08-29 |
| ANDERS, Phillip Raymond | Director | 2005-05-20 | 2010-07-01 |
| CLARK, Jane Christine | Director | 2019-06-20 | 2023-03-24 |
| FENN, Christopher James | Director | 2003-08-29 | 2016-11-14 |
| FIELD, Anthony | Director | 2016-01-26 | 2022-06-30 |
| FISHER, Stephen William | Director | 2004-01-05 | 2014-08-20 |
| FORDHAM, Darryl | Director | 2010-10-19 | 2012-01-13 |
| GERRARD, Peter James | Director | 2016-07-25 | 2018-01-30 |
| HARPER, Steven | Director | 2004-01-05 | 2025-07-31 |
| KIRPALANI, Rakesh | Director | 2016-10-12 | 2022-11-25 |
| METCALFE, Paul Gerrard | Director | 2003-09-23 | 2016-02-18 |
| PHILPOT, Saul Thomas | Director | 2018-03-15 | 2019-06-20 |
| POTTER, Danielle Louise | Director | 2015-07-23 | 2016-11-11 |
| SCOTT, Paul | Director | 2004-01-05 | 2014-08-20 |
| SWAIN, Mark | Director | 2003-12-10 | 2016-02-29 |
| WILLIAMS, Stephen Thomas | Director | 2015-11-04 | 2018-05-03 |
| WILLIS, Nicola Dawn | Director | 2019-10-01 | 2026-03-08 |
| ABACUS COMPANY DIRECTOR LTD | Corporate Director | 2003-08-21 | 2003-08-29 |
| PROBE CONSULTANCY LIMITED | Corporate Director | 2009-06-04 | 2015-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Richard Ward | Individual | Shares 75–100%, Voting 75–100% | 2019-06-18 | Active |
| Mr Paul Anthony Bell | Individual | Shares 75–100% | 2016-04-06 | Ceased 2019-06-18 |
Filing timeline
Last 20 of 156 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-29 | AA | accounts | Accounts with accounts type group | |
| 2025-09-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-09-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-26 | AA | accounts | Accounts with accounts type group | |
| 2023-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-19 | AA | accounts | Accounts with accounts type group | |
| 2021-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-12 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.