Future Garments Limited

Active02690536 Private limited company
Incorporated
25 February 1992 (34 years)
Industry
Manufacture of workwear (14120)
Wholesale of clothing and footwear (46420)
Other retail sale not in stores, stalls or markets (47990)
Directors
Aman Singh Palak
Accounts type
Medium
Region
West Midlands
Address
Aqua House
Buttress Way
Smethwick
Warley
B66 3DL

Filing status

Accounts due
28 February 2027
Last accounts
29 May 2025
Conf. stmt due
11 March 2027
Last conf. stmt
25 February 2026

Charges

Total
10
Outstanding
2
Part satisfied
0
Satisfied
8

Officers 4 active

Officer details are public data from the Companies House register.

Palak, Aman Singh
Director · Appointed 19 May 2026
British
Born June 1992 (34)
Secretary
British
Director
British
Born October 1966 (60)
Director
British
Born January 1962 (64)

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

Corporate entity · Notified 7 April 2021
Owns 75–100% of shares
Holds 75–100% of voting rights
Limited Company
Reg. no. 02996703
Former controllers (1)
7 April 2021
Ceased Kuldip Singh Palak — Right to appoint and remove directors

Group structure 4 companies

Ownership group derived from the Companies House PSC register

Future Garments Limited This company Owns 75–100% of shares
Stratum Properties Pte Ltd Owns 75–100% of shares
Pivot Investments Limited Owns 75–100% of shares

Financials

Balance sheet as at 29 May 2025 · medium accounts

Cash
£1,872,465
Turnover
£9,715,050
Profit Before Tax
£260,236
Employees
44
Current Ratio
2.8x
Profit Margin
3%
Return on Equity
2%

Trend

Turnover
£0 £5.0M £10.0M £15.0M 2019 2020 2021 2023 2024 2025 £10,211,891 £12,847,022 £8,574,301 £8,295,108 £9,820,986 £9,715,050
Balance sheet detail
202520242023202120202019
Fixed Assets£122,575£94,134£75,447£61,144£68,973£80,735
Current Assets£13,325,957£13,314,504£11,761,695£12,117,294£9,819,705£8,824,673
Debtors£9,526,834£8,535,503£8,370,771£5,593,098£6,252,201£5,382,143
Cash£1,872,465£3,320,605£915,116£4,364,273£1,923,662£1,699,639
Creditors (< 1 year)£4,838,004£4,919,937£3,369,415£3,672,525£2,014,159£2,055,712
Creditors (> 1 year)£0£19,011£90,000£150,000£210,000
Net Current Assets£8,487,953£8,394,567£8,392,280£8,444,769£7,805,546£6,768,961
Net Assets£8,488,701£8,448,716£8,415,913£7,724,519£6,637,861
Shareholder Funds£8,610,528£8,488,701£8,448,716£8,415,913£7,724,519£6,637,861

Turnover£9,715,050£9,820,986£8,295,108£8,574,301£12,847,022£10,211,891
Cost of Sales£7,209,661£7,553,264£6,519,767£5,785,406£8,985,286£7,450,343
Gross Profit£2,505,389£2,267,722£1,775,341£2,788,895£3,861,736£2,761,548
Admin Expenses£2,359,553£2,200,993£1,717,830£2,385,804£2,661,695£2,040,824
Staff Costs£1,334,645£1,285,169£1,283,276£1,144,622£1,153,882£1,005,236
Operating Profit£260,236£145,418£163,932£888,955£1,381,863£720,724
Profit Before Tax£260,236£145,407£162,696£885,234£1,375,586£711,373
Tax£63,409£30,422£11,665£168,840£263,928£157,799
Profit for Period£196,827£114,985£151,031£716,394£1,111,658£553,574

Filings 109

DateDescriptionMade Up ToPagesPDF
19 October 2026Registration of a charge
2 September 2026Satisfaction of a charge in full
29 August 2026Registration of a charge
24 June 2026Appointment of a director
17 March 2026Confirmation statement with updates25 February 2026
Show all 109 filings

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