Fulcrum Utility Services (AIM:FCRM) decent results but unusual balance sheet warrants clarification
Fulcrum is an independent energy and multi-utility infrastructure and services provider. The Company’s primary business is the provision of unregulated utility connection services to the residential, commercial and industrial markets throughout the UK. These range from the design, installation or alteration of connections for single site properties to large complex multi-site projects. Through its subsidiary, Fulcrum Pipelines Limited, Fulcrum is also licensed as an Independent Gas Transporter, operating pipelines used to transport gas to homes…
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