# FORMAGRIND LIMITED (04573242)

> FORMAGRIND LIMITED is an active private limited company (company number 04573242) incorporated on 25 October 2002, registered in Neath. Its registered activity is agents involved in the sale of fuels, ores, metals and industrial chemicals (SIC 46120). Latest small accounts cover the period ending 31 December 2025, showing net assets of £995k and cash of £363k, with 29 employees on average. Net assets rose 19% on the prior period (£833k). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2002-10-25
- Registered office: Neath, SA11 1NJ
- SIC 46120: Agents involved in the sale of fuels, ores, metals and industrial chemicals
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-11-08
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 1,192 comparable companies in the UK (median £3,330, upper quartile £90k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £995k | £363k | £435k | £408k | — | — | 29 |
| 2025-03-31 | £833k | £294k | £426k | £542k | — | — | 30 |
| 2023-12-31 | £843k | £431k | £272k | £523k | — | — | 29 |

current ratio 1.96; net assets trend volatile; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £994,703 at 31 December 2025
- Net assets up 10% or more on the prior period: +19.4% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.96
- Cash at bank of £50,000 or more: Cash £363,488
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 25 October 2002

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Michael John Couser — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04573242
HTML: https://firmoscan.com/company/04573242-formagrind-limited