Website & contact details
- Website
Hypromag Ltd
- Incorporated
- 19 July 2018 (8 years)
- Industry
- Other research and experimental development on natural sciences and engineering (72190)
- Directors
- John Donald Speight
- Owned by
- Mkango Magnetic Materials Limited
- Accounts type
- Small
- Region
- West Midlands
- Address
- Tyseley Energy Park The FordroughHay MillsBirminghamB25 8DW
Filing status
- Accounts due
- 30 September 2027
- Last accounts
- 31 December 2025
- Conf. stmt due
- 9 May 2027
- Last conf. stmt
- 25 April 2026
Officers 4 active
Officer details are public data from the Companies House register.
Director · Appointed 9 January 2020
British
Born August 1969 (57)
Director · Appointed 19 July 2018
British
Born June 1954 (72)
Speight, John Donald
Director · Appointed 19 July 2018
British
Born November 1941
Walton, Allan
Director · Appointed 19 July 2018
British
Born April 1976 (50)
Officer history (1 former)
2 April 2022
9 January 2020
19 July 2018
19 July 2018
Appointed Speight, John Donald as Director
19 July 2018
Appointed Walton, Allan as Director
19 July 2018
Ownership 1 active
People and entities with significant control, from the Companies House PSC register
Mkango Magnetic Materials Limited
Corporate entity · Notified 2 August 2023
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Limited Company
Reg. no. C1182955
Former controllers (5)
9 November 2023
Ceased Maginito Limited — Owns 75–100% of shares
9 January 2020
9 January 2020
Ceased John Donald Speight — Owns 25–50% of shares
9 January 2020
Ceased Allan Walton — Owns 25–50% of shares
9 January 2020
Financials
Balance sheet as at 31 December 2025 · small accounts
- Cash
- £17,736
- Employees
- 9
- Current Ratio
- 0.1x
Trend
Shareholder Funds
Balance sheet detail
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
| Fixed Assets | £596,024 | £331,060 | £29,566 | £120,485 | £251,456 | £335,649 | £280,868 | |
| Current Assets | £185,762 | £115,112 | £20,694 | £111,581 | £152,593 | £102,269 | £181,440 | |
| Debtors | £131,759 | £92,859 | £12,223 | £3,048 | £6,587 | £34,524 | £70,003 | |
| Cash | £17,736 | £22,253 | £8,471 | £108,533 | £146,006 | £67,745 | £111,437 | £4,004 |
| Creditors (< 1 year) | £1,704,842 | £788,449 | £67,313 | £10,928 | £31,500 | £9,334 | £6,816 | £4,130 |
| Creditors (> 1 year) | £0 | £206,712 | £200,000 | |||||
| Net Current Assets | (£1,519,080) | (£673,337) | (£46,619) | £100,653 | £121,093 | £92,935 | £174,624 | (£126) |
| Net Assets | £372,549 | £221,872 | £255,492 | |||||
| Shareholder Funds | (£923,056) | (£342,277) | (£17,053) | £221,138 | £372,549 | £221,872 | £255,492 | (£126) |
| Turnover | £1,788 | |||||||
| Cost of Sales | £22,461 | |||||||
| Gross Profit | (£20,673) | |||||||
| Admin Expenses | £425,578 | |||||||
| Staff Costs | £224,831 | |||||||
| Profit Before Tax | (£238,201) | |||||||
| Tax | £0 | |||||||
| Profit for Period | (£238,201) | |||||||
What Hypromag say about themselves
“Play a fundamental role in energy generation and utilisation which is becoming increasingly important as we move towards an electricity based society.”
Filings
Filing history not loaded yet. See it on Companies House
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