Make your money go further for just 25p per day

AIM star to ominous accounting – what’s gone wrong at Fulcrum?

Fulcrum workers attending a gas pipe

Having been regarded an AIM-gem less than two years ago, Fulcrum is now being included in a list which includes Yu Group, Staffline and Patisserie Valerie – companies which have been unravelled by accounting problems. So, what exactly has gone wrong at Fulcrum and can it turn things around? 


It wasn’t that long ago that Fulcrum (LON: FCRM) was used as an example of AIM’s often overlooked excellence. A solid company with impressive repeat sales, a valuable network of assets and excellent capacity to generate cash. Things have changed very quickly. The company’s over-ambitious expansion plans have unwound the excellent work of former chief executive Martin Donnachie who left in mid-2017 having transformed the company from a beleaguered offshoot of National Grid, to a…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

Have your say

Log in or register to view or add comments.

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Fulcrum Utility Services

Coronavirus impact: 16 April - promising results and a dividend or two

16/04/2020 · Company Insights

Despite wildly differing businesses, addressing a wide range of markets, the majority of companies covered here have…


Coronavirus impact: 9 April - a genuine bargain?

09/04/2020 · Company Insights

News of several more fund raises, with the survival of one small business looking increasingly doubtful.…


More Company Insights

Agronomics: illustrates the crazy nature of the market

13/05/2021 · Agronomics

Bonkers Bargains: Where there’s muck…

13/05/2021