FUSE THREE FINANCE LIMITED

💤Zombieactive
08707818 · ltd · incorporated 2013-09-26
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£689k£1.4m£2.1m£2.8m£3.4mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£2.50M
Current assets£3.45M
Cash£3.15M
Debtors£294.4k
Net assets£2.50M
Average employees2000

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-11-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-10-31
    AKBAR, Iftikhar Ali resigned
    director
  3. 2025-10-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2025-09-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-09-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2025-09-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-04-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-01-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-01-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-03-18
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2021-11-15
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2021-11-15
    📄
    capital-alter-shares-subdivision
    capital · SH02
  17. 2021-10-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2021-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2014-02-10
    OSPER, Adam Mark resigned
    director
  21. 2013-09-26
    🏢
    Company incorporated
    As FUSE THREE FINANCE LIMITED
  22. 2013-09-26
    LERMAN, Russell Alexander appointed
    director
  23. 2013-09-26
    AKBAR, Iftikhar Ali appointed
    director
  24. 2013-09-26
    OSPER, Adam Mark appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Fuse Capital Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Fuse Capital Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
FUSE THREE FINANCE LIMITED
This company · 08707818

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Fuse Capital Group Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/09/2023
2 historic (ceased) PSCs
  • Mr Russell Alexander Lermanceased 17/09/2023· 25-50% shares · 25-50% voting
  • Iftikhar Ali Akbarceased 17/09/2023· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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10819538 · est 2017 · no financials extracted
8y
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16516081 · est 2025 · no financials extracted
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11286689 · est 2018 · no financials extracted
8y
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13836649 · est 2022 · no financials extracted
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11756658 · est 2019 · no financials extracted
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17015363 · est 2026 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2013-09-26
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

5 Elstree Gate
Elstree Way
Borehamwood
Hertfordshire
WD6 1JD
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-02
Last: 2025-09-18

Officers (1 active · 2 resigned)

LERMAN, Russell Alexander
director · ~48y · appointed 2013-09-26
View their other companies + combined net worth →
Active
AKBAR, Iftikhar Ali
director · ~48y · appointed 2013-09-26 · resigned 2025-10-31
Resigned
OSPER, Adam Mark
director · ~48y · appointed 2013-09-26 · resigned 2014-02-10
Resigned

Click a director name to see their full track record across all companies.

Recent filings (46 total)

termination-director-company-with-name-termination-date
officers · TM01
2025-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-09-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-23
change-person-director-company-with-change-date
officers · CH01
2023-01-19
change-person-director-company-with-change-date
officers · CH01
2023-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-27