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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
    Born in October 1966
    Individual (8 offsprings)
    Officer
    icon of calendar ~ now
    OF - Director → CIF 0
  • 2
    Palak, Kuldip Singh, Mr.
    Born in January 1962
    Individual (12 offsprings)
    Officer
    icon of calendar ~ now
    OF - Director → CIF 0
    Palak, Kuldip Singh
    Company Director
    Individual (12 offsprings)
    Officer
    icon of calendar ~ now
    OF - Secretary → CIF 0
  • 3
    icon of addressAqua House, Buttress Way, Smethwick, West Midlands, United Kingdom
    Active Corporate (3 parents, 2 offsprings)
    Equity (Company account)
    196,119 GBP2024-05-29
    Person with significant control
    icon of calendar 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 (12 offsprings)
    Person with significant control
    icon of calendar 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
47990 - Other Retail Sale Not In Stores, Stalls Or Markets
46420 - Wholesale Of Clothing And Footwear
Brief company account
Par Value of Share
Class 1 ordinary share
12023-05-30 ~ 2024-05-29
Turnover/Revenue
9,820,986 GBP2023-05-30 ~ 2024-05-29
8,295,108 GBP2022-05-30 ~ 2023-05-29
Cost of Sales
7,553,264 GBP2023-05-30 ~ 2024-05-29
6,519,767 GBP2022-05-30 ~ 2023-05-29
Gross Profit/Loss
2,267,722 GBP2023-05-30 ~ 2024-05-29
1,775,341 GBP2022-05-30 ~ 2023-05-29
Administrative Expenses
2,200,993 GBP2023-05-30 ~ 2024-05-29
1,717,830 GBP2022-05-30 ~ 2023-05-29
Operating Profit/Loss
145,418 GBP2023-05-30 ~ 2024-05-29
163,932 GBP2022-05-30 ~ 2023-05-29
Interest Payable/Similar Charges (Finance Costs)
11 GBP2023-05-30 ~ 2024-05-29
1,236 GBP2022-05-30 ~ 2023-05-29
Profit/Loss on Ordinary Activities Before Tax
145,407 GBP2023-05-30 ~ 2024-05-29
162,696 GBP2022-05-30 ~ 2023-05-29
Tax/Tax Credit on Profit or Loss on Ordinary Activities
30,422 GBP2023-05-30 ~ 2024-05-29
11,665 GBP2022-05-30 ~ 2023-05-29
Profit/Loss
114,985 GBP2023-05-30 ~ 2024-05-29
151,031 GBP2022-05-30 ~ 2023-05-29
Comprehensive Income/Expense
114,985 GBP2023-05-30 ~ 2024-05-29
151,031 GBP2022-05-30 ~ 2023-05-29
Property, Plant & Equipment
94,134 GBP2024-05-29
75,447 GBP2023-05-29
Total Inventories
1,458,396 GBP2024-05-29
2,475,808 GBP2023-05-29
Debtors
8,535,503 GBP2024-05-29
8,370,771 GBP2023-05-29
Cash at bank and in hand
3,320,605 GBP2024-05-29
915,116 GBP2023-05-29
Current Assets
13,314,504 GBP2024-05-29
11,761,695 GBP2023-05-29
Creditors
Current
4,919,937 GBP2024-05-29
3,369,415 GBP2023-05-29
Net Current Assets/Liabilities
8,394,567 GBP2024-05-29
8,392,280 GBP2023-05-29
Total Assets Less Current Liabilities
8,488,701 GBP2024-05-29
8,467,727 GBP2023-05-29
Creditors
Non-current
19,011 GBP2023-05-29
Net Assets/Liabilities
8,488,701 GBP2024-05-29
8,448,716 GBP2023-05-29
Equity
Called up share capital
12,500 GBP2024-05-29
12,500 GBP2023-05-29
12,500 GBP2022-05-29
Retained earnings (accumulated losses)
8,476,201 GBP2024-05-29
8,436,216 GBP2023-05-29
8,310,185 GBP2022-05-29
Equity
8,488,701 GBP2024-05-29
8,448,716 GBP2023-05-29
8,322,685 GBP2022-05-29
Dividends Paid
Retained earnings (accumulated losses)
-75,000 GBP2023-05-30 ~ 2024-05-29
-25,000 GBP2022-05-30 ~ 2023-05-29
Dividends Paid
-75,000 GBP2023-05-30 ~ 2024-05-29
-25,000 GBP2022-05-30 ~ 2023-05-29
Comprehensive Income/Expense
Retained earnings (accumulated losses)
114,985 GBP2023-05-30 ~ 2024-05-29
151,031 GBP2022-05-30 ~ 2023-05-29
Wages/Salaries
1,170,864 GBP2023-05-30 ~ 2024-05-29
1,168,538 GBP2022-05-30 ~ 2023-05-29
Social Security Costs
95,906 GBP2023-05-30 ~ 2024-05-29
97,625 GBP2022-05-30 ~ 2023-05-29
Pension & Other Post-employment Benefit Costs/Other Pension Costs
18,399 GBP2023-05-30 ~ 2024-05-29
17,113 GBP2022-05-30 ~ 2023-05-29
Staff Costs/Employee Benefits Expense
1,285,169 GBP2023-05-30 ~ 2024-05-29
1,283,276 GBP2022-05-30 ~ 2023-05-29
Average Number of Employees
492023-05-30 ~ 2024-05-29
512022-05-30 ~ 2023-05-29
Director Remuneration
24,000 GBP2023-05-30 ~ 2024-05-29
24,000 GBP2022-05-30 ~ 2023-05-29
Property, Plant & Equipment - Depreciation Expense
Owned assets
7,792 GBP2023-05-30 ~ 2024-05-29
10,295 GBP2022-05-30 ~ 2023-05-29
Audit Fees/Expenses
9,000 GBP2023-05-30 ~ 2024-05-29
9,000 GBP2022-05-30 ~ 2023-05-29
Current Tax for the Period
30,422 GBP2023-05-30 ~ 2024-05-29
11,665 GBP2022-05-30 ~ 2023-05-29
Property, Plant & Equipment - Gross Cost
Improvements to leasehold property
67,521 GBP2024-05-29
67,521 GBP2023-05-29
Plant and equipment
332,268 GBP2024-05-29
331,242 GBP2023-05-29
Furniture and fittings
168,267 GBP2024-05-29
136,146 GBP2023-05-29
Motor vehicles
84,499 GBP2024-05-29
93,390 GBP2023-05-29
Property, Plant & Equipment - Gross Cost
652,555 GBP2024-05-29
628,299 GBP2023-05-29
Property, Plant & Equipment - Accumulated Depreciation & Impairment
Improvements to leasehold property
21,917 GBP2024-05-29
20,566 GBP2023-05-29
Plant and equipment
315,903 GBP2024-05-29
313,242 GBP2023-05-29
Furniture and fittings
136,102 GBP2024-05-29
132,322 GBP2023-05-29
Motor vehicles
84,499 GBP2024-05-29
86,722 GBP2023-05-29
Property, Plant & Equipment - Accumulated Depreciation & Impairment
558,421 GBP2024-05-29
552,852 GBP2023-05-29
Property, Plant & Equipment - Increase From Depreciation Charge for Year
Improvements to leasehold property
1,351 GBP2023-05-30 ~ 2024-05-29
Plant and equipment
2,661 GBP2023-05-30 ~ 2024-05-29
Furniture and fittings
3,780 GBP2023-05-30 ~ 2024-05-29
Property, Plant & Equipment - Increase From Depreciation Charge for Year
7,792 GBP2023-05-30 ~ 2024-05-29
Property, Plant & Equipment
Improvements to leasehold property
45,604 GBP2024-05-29
46,955 GBP2023-05-29
Plant and equipment
16,365 GBP2024-05-29
18,000 GBP2023-05-29
Furniture and fittings
32,165 GBP2024-05-29
3,824 GBP2023-05-29
Motor vehicles
6,668 GBP2023-05-29
Merchandise
1,458,396 GBP2024-05-29
2,475,808 GBP2023-05-29
Trade Debtors/Trade Receivables
Current
1,685,270 GBP2024-05-29
610,488 GBP2023-05-29
Other Debtors
Current
6,850,233 GBP2024-05-29
7,760,283 GBP2023-05-29
Debtors
Amounts falling due within one year, Current
8,535,503 GBP2024-05-29
8,370,771 GBP2023-05-29
Trade Creditors/Trade Payables
Current
1,999,605 GBP2024-05-29
1,523,282 GBP2023-05-29
Corporation Tax Payable
Current
32,578 GBP2024-05-29
10,672 GBP2023-05-29
Other Taxation & Social Security Payable
Current
29,586 GBP2024-05-29
23,261 GBP2023-05-29
Other Creditors
Current
2,648,558 GBP2024-05-29
1,555,828 GBP2023-05-29
Bank Borrowings/Overdrafts
Non-current
19,011 GBP2023-05-29
Bank Borrowings
Non-current, Between two and five year
19,011 GBP2023-05-29
Number of Shares Issued (Fully Paid)
Class 1 ordinary share
12,500 shares2024-05-29
Profit/Loss
Retained earnings (accumulated losses)
114,985 GBP2023-05-30 ~ 2024-05-29
  • FUTURE GARMENTS LIMITED
    Info
    Registered number 02690536
    icon of addressAqua House, Buttress Way, Smethwick, Warley, West Midlands B66 3DL
    PRIVATE LIMITED COMPANY incorporated on 1992-02-25 (33 years 11 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 12 November 2025 and licensed under the Open Government Licence v3.0.