The above diagram shows the color scheme of the layout in the main result page. The parent entities and officers are those entities, including individual and legal persons, have significant controls over the company in focus. The offspring entities and appointments are those entities that the company in focus can influence on.

Clicking the links on parent entities or officers, and offspring entities or managed companies will put them in focus and show upstream or downstream connections. In general, ascendant entities can be found by moving toward upstream, and descendant entities are by toward downstream. In this way, progenitor entities such as grandparent companies (parents of parent), sibling companies (children of parent), partner companies (parents of child), and progeny entities such as grandchild companies (children of child) can be found easily.

Parent entities and officers
Active 3
  • 1
    Palak, Hardip Singh
    Company Director born in October 1966
    Individual (8 offsprings)
    Officer
    ~ now
    OF - Director → CIF 0
  • 2
    Palak, Kuldip Singh
    Company Director born in January 1962
    Individual (13 offsprings)
    Officer
    ~ now
    OF - Director → CIF 0
    Palak, Kuldip Singh
    Company Director
    Individual (13 offsprings)
    Officer
    ~ now
    OF - Secretary → CIF 0
  • 3
    Aqua House, Buttress Way, Smethwick, West Midlands, United Kingdom
    Active Corporate (3 parents, 2 offsprings)
    Equity (Company account)
    121,501 GBP2023-05-29
    Person with significant control
    2021-04-07 ~ now
    PE - Ownership of shares – 75% or more → CIF 0
    PE - Ownership of voting rights - 75% or more → CIF 0
Ceased 1
  • Mr. Kuldip Singh Palak
    Born in January 1962
    Individual (13 offsprings)
    Person with significant control
    2016-04-06 ~ 2021-04-07
    PE - Right to appoint or remove directors → CIF 0
parent relation
Company in focus

FUTURE GARMENTS LIMITED

Standard Industrial Classification
14120 - Manufacture Of Workwear
46420 - Wholesale Of Clothing And Footwear
47990 - Other Retail Sale Not In Stores, Stalls Or Markets
Brief company account
Par Value of Share
Class 1 ordinary share
12022-05-30 ~ 2023-05-29
Turnover/Revenue
8,295,108 GBP2022-05-30 ~ 2023-05-29
8,510,596 GBP2021-05-30 ~ 2022-05-29
Cost of Sales
6,519,767 GBP2022-05-30 ~ 2023-05-29
6,565,432 GBP2021-05-30 ~ 2022-05-29
Gross Profit/Loss
1,775,341 GBP2022-05-30 ~ 2023-05-29
1,945,164 GBP2021-05-30 ~ 2022-05-29
Administrative Expenses
1,717,830 GBP2022-05-30 ~ 2023-05-29
2,296,604 GBP2021-05-30 ~ 2022-05-29
Operating Profit/Loss
163,932 GBP2022-05-30 ~ 2023-05-29
-65,954 GBP2021-05-30 ~ 2022-05-29
Interest Payable/Similar Charges (Finance Costs)
1,236 GBP2022-05-30 ~ 2023-05-29
3,164 GBP2021-05-30 ~ 2022-05-29
Profit/Loss on Ordinary Activities Before Tax
162,696 GBP2022-05-30 ~ 2023-05-29
-69,118 GBP2021-05-30 ~ 2022-05-29
Tax/Tax Credit on Profit or Loss on Ordinary Activities
11,665 GBP2022-05-30 ~ 2023-05-29
-890 GBP2021-05-30 ~ 2022-05-29
Profit/Loss
151,031 GBP2022-05-30 ~ 2023-05-29
-68,228 GBP2021-05-30 ~ 2022-05-29
Comprehensive Income/Expense
151,031 GBP2022-05-30 ~ 2023-05-29
-68,228 GBP2021-05-30 ~ 2022-05-29
Property, Plant & Equipment
75,447 GBP2023-05-29
55,851 GBP2022-05-29
Total Inventories
2,475,808 GBP2023-05-29
2,085,660 GBP2022-05-29
Debtors
8,370,771 GBP2023-05-29
7,992,950 GBP2022-05-29
Cash at bank and in hand
915,116 GBP2023-05-29
1,355,036 GBP2022-05-29
Current Assets
11,761,695 GBP2023-05-29
11,433,646 GBP2022-05-29
Creditors
Current
3,369,415 GBP2023-05-29
3,136,812 GBP2022-05-29
Net Current Assets/Liabilities
8,392,280 GBP2023-05-29
8,296,834 GBP2022-05-29
Total Assets Less Current Liabilities
8,467,727 GBP2023-05-29
8,352,685 GBP2022-05-29
Creditors
Non-current
19,011 GBP2023-05-29
30,000 GBP2022-05-29
Net Assets/Liabilities
8,448,716 GBP2023-05-29
8,322,685 GBP2022-05-29
Equity
Called up share capital
12,500 GBP2023-05-29
12,500 GBP2022-05-29
12,500 GBP2021-05-29
Retained earnings (accumulated losses)
8,436,216 GBP2023-05-29
8,310,185 GBP2022-05-29
8,403,413 GBP2021-05-29
Equity
8,448,716 GBP2023-05-29
8,322,685 GBP2022-05-29
8,415,913 GBP2021-05-29
Dividends Paid
Retained earnings (accumulated losses)
-25,000 GBP2022-05-30 ~ 2023-05-29
-25,000 GBP2021-05-30 ~ 2022-05-29
Dividends Paid
-25,000 GBP2022-05-30 ~ 2023-05-29
-25,000 GBP2021-05-30 ~ 2022-05-29
Comprehensive Income/Expense
Retained earnings (accumulated losses)
151,031 GBP2022-05-30 ~ 2023-05-29
-68,228 GBP2021-05-30 ~ 2022-05-29
Wages/Salaries
1,168,538 GBP2022-05-30 ~ 2023-05-29
1,388,246 GBP2021-05-30 ~ 2022-05-29
Social Security Costs
97,625 GBP2022-05-30 ~ 2023-05-29
105,777 GBP2021-05-30 ~ 2022-05-29
Pension & Other Post-employment Benefit Costs/Other Pension Costs
17,113 GBP2022-05-30 ~ 2023-05-29
17,834 GBP2021-05-30 ~ 2022-05-29
Staff Costs/Employee Benefits Expense
1,283,276 GBP2022-05-30 ~ 2023-05-29
1,511,857 GBP2021-05-30 ~ 2022-05-29
Average Number of Employees
512022-05-30 ~ 2023-05-29
542021-05-30 ~ 2022-05-29
Director Remuneration
24,000 GBP2022-05-30 ~ 2023-05-29
24,000 GBP2021-05-30 ~ 2022-05-29
Property, Plant & Equipment - Depreciation Expense
Owned assets
10,295 GBP2022-05-30 ~ 2023-05-29
9,493 GBP2021-05-30 ~ 2022-05-29
Audit Fees/Expenses
9,000 GBP2022-05-30 ~ 2023-05-29
10,000 GBP2021-05-30 ~ 2022-05-29
Current Tax for the Period
11,665 GBP2022-05-30 ~ 2023-05-29
Property, Plant & Equipment - Gross Cost
Improvements to leasehold property
67,521 GBP2023-05-29
67,521 GBP2022-05-29
Plant and equipment
331,242 GBP2023-05-29
310,242 GBP2022-05-29
Furniture and fittings
136,146 GBP2023-05-29
136,146 GBP2022-05-29
Motor vehicles
93,390 GBP2023-05-29
84,499 GBP2022-05-29
Property, Plant & Equipment - Gross Cost
628,299 GBP2023-05-29
598,408 GBP2022-05-29
Property, Plant & Equipment - Accumulated Depreciation & Impairment
Improvements to leasehold property
20,566 GBP2023-05-29
19,216 GBP2022-05-29
Plant and equipment
313,242 GBP2023-05-29
310,242 GBP2022-05-29
Furniture and fittings
132,322 GBP2023-05-29
128,600 GBP2022-05-29
Motor vehicles
86,722 GBP2023-05-29
84,499 GBP2022-05-29
Property, Plant & Equipment - Accumulated Depreciation & Impairment
552,852 GBP2023-05-29
542,557 GBP2022-05-29
Property, Plant & Equipment - Increase From Depreciation Charge for Year
Improvements to leasehold property
1,350 GBP2022-05-30 ~ 2023-05-29
Plant and equipment
3,000 GBP2022-05-30 ~ 2023-05-29
Furniture and fittings
3,722 GBP2022-05-30 ~ 2023-05-29
Motor vehicles
2,223 GBP2022-05-30 ~ 2023-05-29
Property, Plant & Equipment - Increase From Depreciation Charge for Year
10,295 GBP2022-05-30 ~ 2023-05-29
Property, Plant & Equipment
Improvements to leasehold property
46,955 GBP2023-05-29
48,305 GBP2022-05-29
Plant and equipment
18,000 GBP2023-05-29
Furniture and fittings
3,824 GBP2023-05-29
7,546 GBP2022-05-29
Motor vehicles
6,668 GBP2023-05-29
Merchandise
2,475,808 GBP2023-05-29
2,085,660 GBP2022-05-29
Trade Debtors/Trade Receivables
Current
610,488 GBP2023-05-29
728,044 GBP2022-05-29
Other Debtors
Current
7,760,283 GBP2023-05-29
7,166,835 GBP2022-05-29
Amount of value-added tax that is recoverable
Current
98,071 GBP2022-05-29
Debtors
Current, Amounts falling due within one year
8,370,771 GBP2023-05-29
7,992,950 GBP2022-05-29
Bank Borrowings/Overdrafts
Current
60,000 GBP2022-05-29
Trade Creditors/Trade Payables
Current
1,523,282 GBP2023-05-29
1,646,415 GBP2022-05-29
Corporation Tax Payable
Current
10,672 GBP2023-05-29
-890 GBP2022-05-29
Other Taxation & Social Security Payable
Current
23,261 GBP2023-05-29
28,551 GBP2022-05-29
Other Creditors
Current
1,555,828 GBP2023-05-29
1,402,736 GBP2022-05-29
Bank Borrowings/Overdrafts
Non-current
19,011 GBP2023-05-29
30,000 GBP2022-05-29
Bank Borrowings
Current, Amounts falling due within one year
60,000 GBP2022-05-29
Non-current, Between one and two years
30,000 GBP2022-05-29
Non-current, Between two and five year
19,011 GBP2023-05-29
Number of Shares Issued (Fully Paid)
Class 1 ordinary share
12,500 shares2023-05-29
Profit/Loss
Retained earnings (accumulated losses)
151,031 GBP2022-05-30 ~ 2023-05-29
  • FUTURE GARMENTS LIMITED
    Info
    Registered number 02690536
    Aqua House, Buttress Way, Smethwick, Warley, West Midlands B66 3DL
    Private Limited Company incorporated on 1992-02-25 (33 years 4 months). The company status is Active.
    The last date of confirmation statement was made at 2025-02-25
    CIF 0
child relation
Offspring entities and appointments
Active 0
  • Not found in our database.

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Contains public sector information retrieved at 24 April 2025 and licensed under the Open Government Licence v3.0.