Formagrind Limited

Active04573242 Private limited company
Incorporated
25 October 2002 (24 years)
Previously known as
Future Alloys Limited (until 31 January 2017)
Industry
Agents involved in the sale of fuels, ores, metals and industrial chemicals (46120)
Owned by
Michael John Couser
Accounts type
Total exemption full
Region
Wales
Address
Unit 10 Milland Road Industrial Estate
Neath
SA11 1NJ

Filing status

Accounts due
30 September 2027
Last accounts
31 December 2025
Conf. stmt due
25 October 2027
Last conf. stmt
11 October 2026

Charges

Total
1
Outstanding
0
Part satisfied
0
Satisfied
1

Officers 4 active

Officer details are public data from the Companies House register.

Director · Appointed 27 October 2026
British
Born November 1979
Couser, Ben Michael
Secretary · Appointed 30 December 2024
Couser, Jemima Megan
Secretary · Appointed 30 December 2024
Director · Appointed 25 October 2002
British
Born December 1965 (60)
Officer history (6 former)
27 October 2026
Appointed Herdman, Barry as Director
30 December 2024
Appointed Couser, Ben Michael as Secretary
30 December 2024
Appointed Couser, Jemima Megan as Secretary
29 December 2024
Resigned Couser, Jennifer as Secretary
9 January 2007
Resigned Couser, Michael John as Secretary
9 January 2007
Appointed Couser, Jennifer as Secretary
9 January 2007
Resigned Couser, Jennifer as Director
4 January 2003
Appointed Couser, Jennifer as Director
3 January 2003
Resigned Lougher, Barry Hywel as Director
25 October 2002
Appointed Lazarus, Heather Ann as Nominee Secretary
25 October 2002
Appointed Lazarus, Harry Pierre as Nominee Director
25 October 2002
Resigned Lazarus, Harry Pierre as Nominee Director
25 October 2002
Appointed Lougher, Barry Hywel as Director
25 October 2002
Resigned Lazarus, Heather Ann as Nominee Secretary
25 October 2002
Appointed Couser, Michael John as Secretary
25 October 2002
Appointed Couser, Michael John as Director

Ownership 1 active

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

Individual · Notified 6 April 2016
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
British
Born December 1965 (60)
Former controllers (1)
30 December 2024
Ceased Jenifer Couser — Owns 25–50% of shares

Financials

Balance sheet as at 31 December 2025 · total exemption full accounts

Net Assets
£994,703
Cash
£363,488
Employees
29
Debt Ratio
47%
Current Ratio
2.0x

Trend

Net Assets
£0 £500k £1.0M 2019 2020 2021 2022 2023 2025 2025 £608,174 £747,621 £700,268 £978,763 £842,744 £833,090 £994,703
Balance sheet detail
2025202520232022202120202019
Fixed Assets£1,090,592£1,151,696£1,055,207£1,044,953£995,249£1,005,499£1,049,354
Current Assets£798,431£720,329£702,479£718,507£575,070£578,818£384,400
Debtors£434,943£426,129£271,730£552,155£533,325£331,762£337,853
Cash£363,488£294,200£430,749£166,352£41,745£247,056£46,547
Creditors (< 1 year)£407,693£541,918£522,881£428,526£564,042£527,873£479,675
Creditors (> 1 year)£223,517£224,450£154,788£179,149£149,904£157,309£192,702
Net Current Assets£390,738£178,411£179,598£289,981£11,028£50,945(£95,275)
Net Assets£994,703£833,090£842,744£978,763£700,268£747,621£608,174
Shareholder Funds£994,703£833,090£842,744£978,763£700,268£747,621£608,174

Filings

Recent filings only. See the full history on Companies House

DateDescriptionMade Up ToPagesPDF
10 November 2026Sub-division of shares—
10 November 2026Resolutions—
10 November 2026Resolutions—
9 November 2026Notification of a person with significant control
9 November 2026Appointment of a director
Show all recent filings

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