{"name":"LESS COMMON METALS LIMITED","company_number":"02690088","status":"Active","type":"Private Limited Company","incorporated":"1992-02-24","dissolved":null,"registered_office":"Unit 2 Hooton Park, North Road, Ellesmere Port, England, CH65 1BL","postcode":"CH65 1BL","sic_codes":[{"code":24450,"description":"Other non-ferrous metal production"}],"principal_activity":"The principal activity of the company continued to be that of the manufacture and sale of rare earth-based alloys, either by Vacuum Induction Melting or Co-reduction and the production of light rare earth metals by molten salt electrolysis. The company's main products are samarium cobalt and neodymium iron boron alloys, both for permanent magnet applications. Such magnets are used, for example in automotive, power generation and electronic industries.","previous_names":[{"name":"ISSUEDART LIMITED","changed_on":"1992-04-08"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":39,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","profit_loss":-1134274,"net_assets":5936311,"cash":337340,"average_employees":39},{"financial_date":"2023-12-31","profit_loss":-536550,"net_assets":7070585,"cash":477555,"average_employees":45},{"financial_date":"2022-12-31","turnover":20752256,"net_assets":7607135,"cash":899873},{"financial_date":"2021-12-31","turnover":11716994,"net_assets":7836392,"cash":837247},{"financial_date":"2020-12-31","net_assets":7728796,"cash":1374762}],"officers":{"current":6,"resigned":34,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":7,"outstanding":6},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Less Common Metals Limited maintains a sound capital structure with adequate liquidity and shareholder equity; however, operational profitability pressures and significant market risks related to raw material sourcing require close monitoring. The company’s strategic initiatives to diversify supply sources and secure funding are positive signs for long-term resilience. Investors should seek further clarity on cash flow dynamics and detailed mitigation of geopolitical supply risks.","website":"https://lesscommonmetals.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/less-common-metals","people":"https://www.companiesintheuk.co.uk/company/less-common-metals/people","filing_history":"https://www.companiesintheuk.co.uk/company/less-common-metals/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02690088","financials":"https://www.companiesintheuk.co.uk/company/less-common-metals/financial","control":"https://www.companiesintheuk.co.uk/company/less-common-metals/control","charges":"https://www.companiesintheuk.co.uk/company/less-common-metals/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/less-common-metals/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/less-common-metals"}