Fuse Telecom Ltd in Newcastle Upon Tyne, NE1 2LA

Description

Data updated on: 01-11-2023

Fuse Telecom is a business situated at NE1 2LA Newcastle Upon Tyne at Generator Studios. This company has been in existence since 1998 and is registered under the registration number 03646415. This company has existed on the English market for 26 years now and its current state is active. The firm registered name change from Seb Net to Fuse Telecom Ltd came on April 10, 2014. This firm's SIC and NACE codes are 61900: Other telecommunications activities. The firm's most recent annual accounts cover the period up to February 28, 2022 and the most recent annual confirmation statement was released on October 8, 2022.

According to the latest update, we can name only a single director in the company: Simon D. (since September 12, 2013). Since January 2015 Graham P., had been fulfilling assigned duties for the firm up until the resignation on October 5, 2021. Furthermore a different director, specifically Shelly D. quit in 2017.

Simon D. is the individual with significant control over this firm, owns 1/2 or less of company shares.

Previous company's names
Fuse Telecom Ltd 2014-04-10
Seb Net Limited 1998-10-08

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-28	2021-02-28	2022-02-28	2023-02-28
Currency
Net Worth	124 113	168 360

Balance Sheet
Cash Bank On Hand		194 348	107 783	73 051	130 632	190 433	374 024	484 608	226 662
Current Assets	159 355	232 981	340 004	329 442	444 758	568 753	663 911	723 254	827 107
Debtors	22 665	38 633	232 221	256 391	314 126	378 320	289 887	238 646	600 445
Net Assets Liabilities		168 360	232 463	262 030	341 292	419 350	460 840	554 689	579 859
Other Debtors		26 665	195 671	232 476	276 326	305 377	264 587	183 327	496 321
Property Plant Equipment		5 625	6 849	6 203	4 895	4 776	10 714	9 765	12 641
Cash Bank In Hand	136 690	194 348
Intangible Fixed Assets	63 663	21 160
Net Assets Liabilities Including Pension Asset Liability	124 113	168 360
Tangible Fixed Assets	2 687	5 625

Capital & Reserves
Called Up Share Capital	2	2
Profit Loss Account Reserve	124 111	168 358
Shareholder Funds	124 113	168 360

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets		61 369	82 529	82 529	82 529	86 584	99 327	113 421	124 811
Accumulated Depreciation Impairment Property Plant Equipment		3 465	5 480	7 487	9 108	10 531	12 422	15 640	11 815
Additions Other Than Through Business Combinations Property Plant Equipment			3 239		313	1 304	7 829	2 269	7 014
Average Number Employees During Period					7	8	8	7	6
Bank Borrowings Overdrafts							44 167	34 167	24 167
Corporation Tax Payable		21 302	21 629	18 540	30 258	30 925	38 527	42 844	24 037
Creditors		90 572	113 411	72 752	107 728	191 616	44 167	34 167	24 167
Dividends Paid On Shares						38 227
Fixed Assets	66 350	26 785	6 849	6 203	4 895	43 003	36 198	21 155	12 641
Future Minimum Lease Payments Under Non-cancellable Operating Leases				1 584		11 565	7 710	2 674	26 702
Increase From Amortisation Charge For Year Intangible Assets			21 160			4 055	12 743	14 094	11 390
Increase From Depreciation Charge For Year Property Plant Equipment			2 015		1 621	1 423	1 891	3 218	2 986
Intangible Assets		21 160				38 227	25 484	11 390
Intangible Assets Gross Cost		82 529		82 529	82 529	124 811	124 811	124 811
Net Current Assets Liabilities	58 300	142 409	226 593	256 690	337 030	377 137	470 725	569 988	594 442
Number Shares Issued Fully Paid			2		1			1	1
Other Creditors		52 443	55 133	38 112	24 208	70 541	96 114	61 334	129 425
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment									6 811
Other Disposals Property Plant Equipment									7 963
Other Taxation Social Security Payable		10 758	25 680	11 732	25 186	16 183	33 060	34 015	35 838
Par Value Share			1		1				1
Property Plant Equipment Gross Cost		9 090	12 329	13 690	14 003	15 307	23 136	25 405	24 456
Provisions For Liabilities Balance Sheet Subtotal		834	979	863	633	790	1 916	2 287	3 057
Total Assets Less Current Liabilities	124 650	169 194	233 442	262 893	341 925	420 140	506 923	591 143	607 083
Trade Creditors Trade Payables		6 069	10 969	4 368	28 076	73 967	19 652	5 073	33 365
Trade Debtors Trade Receivables		11 968	36 550	23 915	37 800	72 943	25 300	55 319	104 124
Advances Credits Directors								45 060	92 583
Advances Credits Made In Period Directors									192 070
Advances Credits Repaid In Period Directors									54 427
Creditors Due Within One Year	101 055	90 572
Intangible Fixed Assets Additions		2 110
Intangible Fixed Assets Aggregate Amortisation Impairment	21 221	61 369
Intangible Fixed Assets Amortisation Charged In Period		40 148
Intangible Fixed Assets Cost Or Valuation	84 884	82 529
Intangible Fixed Assets Disposals		4 465
Provisions For Liabilities Charges	537	834
Tangible Fixed Assets Additions		4 133
Tangible Fixed Assets Cost Or Valuation	4 957	9 090
Tangible Fixed Assets Depreciation	2 270	3 465
Tangible Fixed Assets Depreciation Charged In Period		1 195

Company staff

Simon D.

Role: Director

Appointed: 12 September 2013

Latest update: 10 April 2024

Graham P.

Role: Director

Appointed: 26 January 2015

Resigned: 05 October 2021

Latest update: 10 April 2024

Shelly D.

Role: Director

Appointed: 12 September 2013

Resigned: 25 August 2017

Latest update: 10 April 2024

Ann J.

Role: Secretary

Appointed: 20 April 2004

Resigned: 12 September 2013

Latest update: 10 April 2024