Less Common Metals Limited

Less Common Metals Ltd, based in Ellesmere Port, UK, is a sizable company with a 33-year history, currently employing 49 people. Holding £7,769,742 in assets and generating £12,972,279 in yearly revenue, it operates as a holding company with an active status. Six directors oversee the business, which has one owner, and maintains a perfect 5.0 Google rating based on a single review. The company regularly imports iron and steel (85 months) and exports various base metals and cermets (113 months).

The company’s website reveals Less Common Metals Ltd to be a world leader in the manufacture and supply of complex alloy systems and metals, specializing in those based on rare earth elements. They offer a wide range of services, including laboratory analysis, cast products, raw materials, and specialized powders. Their website emphasizes their commitment to sustainability and advanced material recycling, driving a closed-loop circular economy. Recent news highlights their efforts to strengthen supply chains and develop recycled rare earth magnets.

Financially, Less Common Metals Ltd shows a mixed picture. While turnover remains strong at £12.9 million, current assets have fallen by 19% to £7.8 million. Cash bank on hand has also declined significantly, dropping 47% to £480,000. Bank borrowings have increased by 3.7% to £1.5 million. Interestingly, administrative expenses have decreased by 17%, and staff costs have fallen by 11%, suggesting efforts to control operating costs. The company's net assets have also decreased by 9.8% to £7.1 million. The company’s auditor is Xeinadin Audit Limited. Despite these challenges, the company’s strong focus on rare earth alloys and commitment to sustainability position it for long-term growth.

Registered in England/Wales under the registration number 02690088, with a registered address at CH65 1BL, England, Ellesmere Port, Unit 2 Hooton Park, North Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.