UK FUSION ENERGY LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-03 (in 9mo)
Last made up 2026-01-20
Watchouts
None on the register
Cash
£12K
Latest balance sheet
Net assets
£2M
Equity attributable
Employees
124
Average over period
Profit before tax
-£3K
Period ending 2025-03-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | £35,369,000 | |
| Operating profit | — | -£3,000 | |
| Profit before tax | — | -£3,000 | |
| Net profit | — | £1,035,000 | |
| Cash | — | £12,000 | |
| Total assets less current liabilities | — | £1,643,000 | |
| Net assets | £1 | £1,643,000 | |
| Equity | £1 | £1,643,000 | |
| Average employees | — | 124 | |
| Wages | — | £3,189,000 | |
| Directors' remuneration | — | £196,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | — | -0.0% | |
| Net margin | — | 2.9% | |
| Return on capital employed | — | -0.2% | |
| Gearing (liabilities / total assets) | — | 79.8% | |
| Current ratio | — | 1.00x |
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
- UK FUSION ENERGY LTD 2026-03-12 → present
- UK INDUSTRIAL FUSION SOLUTIONS LTD 2023-01-27 → 2026-03-12
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Comptroller and Auditor General
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work I have performed, I have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the UK Industrial Fusion Solutions Limited'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.”
Significant events
- “UKIFS started trading on 1 November 2024.”
- “The full Business Case for the Tranche 2a period was approved by the Major Projects Review Group in March 2025.”
- “Invitation to Participate in Dialogue (ITPD) for Whole Plant Partners completed in December 2024.”
- “A privately owned 'Fusion Café' was opened in Worksop in November 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARTIN, Glen | Secretary | 2026-03-26 | — | — |
| BARDIN, Luc | Director | 2024-09-26 | Mar 1957 | British |
| BESTWICK, Timothy David, Dr | Director | 2025-08-01 | Mar 1962 | British |
| CHAPMAN, Ian T | Director | 2023-01-27 | May 1982 | British |
| GANN, David Michael, Professor | Director | 2024-09-26 | Sep 1960 | British |
| KAZMIERSKA, Grazyna Barbara | Director | 2024-07-17 | Sep 1980 | British |
| METHVEN, Paul | Director | 2024-07-17 | Apr 1969 | British |
| NERNEY, Julie Claire | Director | 2024-09-26 | Nov 1971 | British |
| POURTEYMOUR, Kaveh | Director | 2024-09-26 | May 1963 | British |
| VALEUR, Charlotte | Director | 2024-09-26 | Jan 1964 | Danish |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BESTWICK, Timothy David, Dr | Director | 2023-01-27 | 2024-07-17 |
| STAPLES, John | Director | 2024-09-26 | 2026-04-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Uk Atomic Energy Authority | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-01-27 | Active |
Filing timeline
Last 20 of 24 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-12 CERTNM Certificate change of name company PDF
- 2024-05-22 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-03-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-12 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-05 | AA | accounts | Accounts with accounts type full | |
| 2025-09-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-29 | AA | accounts | Accounts with accounts type dormant | |
| 2024-07-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-22 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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.