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Less Common Metals Limited

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Less Common Metals Limited is a UK company with status active founded in 1992 based in North West England.

CRN
02690088
Founded
1992
Age
34

Overview

Legal name
LESS COMMON METALS LIMITED
Region
North West England
Registered address
UNIT 2 HOOTON PARK
NORTH ROAD
ELLESMERE PORT
ENGLAND
CH65 1BL
Insolvency history
No

Corporate ownership

Updated 06 Jun 2026 16:52

2 levels 1 ultimate controller
1
Company Active LTD
Less Common Metals Limited
CRN 02690088
2
Direct controller Active LTD
LCMG Limited
CRN 06619924
3
Ultimate controller
10128402
CRN 10128402

Latest accounts

Financial period: 1 Jan 2024 to 31 Dec 2024

FULLACCOUNTS
Turnover
Unknown
Profit / Loss
-£1,134,274
Employees
39

Company events

Reference milestones and recent Companies House filing stream events.

8 events
10 Mar
2027

Confirmation statement due

Confirmation Due

Next confirmation statement due date

30 Sep
2026

Accounts due

Accounts Due

Next accounts due date

24 Feb
2026

Confirmation statement filed

Confirmation

Last confirmation statement made up date

31 Dec
2024

Accounts filed

Accounts

Last accounts made up date

21 Oct
2024

Cessation Of A Person With Significant Control

Persons-with-significant-control

PSC07 | Transaction MzQ0MDMyNjk2MmFkaXF6a2N4

Published 21 Oct 2024 04:09

21 Oct
2024

Notification Of A Person With Significant Control

Persons-with-significant-control

PSC02 | Transaction MzQ0MDMyNjk1OGFkaXF6a2N4

Published 21 Oct 2024 04:09

05 Sep
2024

Accounts With Accounts Type Full

Accounts Analysed

AA | Transaction MzQzNDY1Nzg1NWFkaXF6a2N4

Published 05 Sep 2024 15:27

24 Feb
1992

Incorporated

Inception

Company registered at Companies House

Public funding

10 awards
First funded
2007
Funded years
2007, 2020, 2021, 2022, 2023, 2024, 2025
Age at first award
15 years

Projects

2025 Legacy Department of Trade & Industry

CirculaREEconomy

1 Sep 2025 to 31 Aug 2028

Awarded
£3,111,908
Total cost £6,365,122

Rare Earth Elements (REEs) are essential for the Rare Earth Permanent Magnets (REPMs), which are required for e-motors and additional components. REE supply is volatile and can disrupt commercial ecosystems. The UK has limited natural REE resources but does boast successful industries reliant on REEs. The only realistic route for an insulated, sustainable...

2024 Collaborative R&D Lead participant

REEVALUATE: Rare Earth Elements recoVery from industriAL scrap prodUced during grAin boundary diffusion of permanenT magnEts.

1 Aug 2024 to 31 Dec 2025

Awarded
£296,927
Total cost £494,878

Less Common Metals (LCM) Ltd, UK, is leading an initiative called "Industrial Scrap-to-Magnet" in collaboration with Ionic Technology and Vacuumschmelze (VAC) through the REEVALUATE project. The initiative aims to develop high-quality NdFeB magnets using 100% recycled heavy and light rare earth elements (REEs) with full traceability. This project addresse...

2024 Collaborative R&D

REEmelt

1 Aug 2024 to 31 Jul 2025

Awarded
£94,790
Total cost £157,983

The HPMS process, developed by the University of Birmingham and now licensed by HyProMag Limited provides an efficient way of liberating magnets from end of life components. Inevitably some of the material liberated is not suitable for short loop recycling, however the material still has value and does not necessarily need to go to a full long loop recycl...

2024 EU-Funded Lead participant

SUstainable EuroPean Rare Earth Elements production value chain from priMary Ores

1 Jan 2024 to 31 Dec 2027

Awarded
£558,769
Total cost £558,769

SUPREEMO aims to establish the first pre-commercial Rare Earth Elements (REEs) production value chain (TRL7) using European (EU) primary resources as feedstock, developing sustainable, cost-competitive processing, refining and Rare Earth (RE) Permanent Magnet (PM) production technologies in a responsible way complying with local and international safety r...

2024 Collaborative R&D

The EV Permanent Magnet Circular Supply Chain

1 Jan 2024 to 31 Mar 2026

Awarded
£206,083
Total cost £343,471

Ionic Technologies, Less Common Metals (LCM) and Ford are seeking to establish a demonstration circular supply chain for Rare Earth Elements (REEs) in the UK, by utilising innovative technologies to create high specification magnets containing 100% recycled REEs for use in Electrical Vehicles (EVs). Production of critical minerals of all kinds is expected...

2023 Feasibility Studies

EMPRESS: Enhancing Magnet Performance with Reduced Rare-Earth SimulationS

1 Nov 2023 to 31 Oct 2024

Awarded
£59,441
Total cost £99,069

Achieving the required step-change improvements in resource efficiency for critical materials for magnets demands significant changes to the way the materials & their production processes are designed. This project aims to demonstrate the viability of using the latest artificial intelligence methods coupled with quantum simulations to rapidly identify imp...

2022 EU-Funded Lead participant

HORIZON-CL4-2022-RESILIENCE-01-12 — Multi-functional, multi-material magnetic components and structures for electrification

1 Dec 2022 to 30 Nov 2025

Awarded
£472,708
Total cost £472,708

no public description

2021 BIS-Funded Programmes Lead participant

New UK Magnet plant

1 Apr 2021 to 30 Jun 2022

Awarded
£569,803
Total cost £814,004

This project will investigate the feasibility of building a Neodymium Boron Iron (NdFeB) magnet plant in the UK. Initially a market study will be carried out to identify the likely future requirements for such magnets, both in terms of volumes and specifications, with focus on the growing EV industry. A suitable plant to meet these requirements will then ...

2020 BIS-Funded Programmes Lead participant

UK RE Magnet Base

1 Nov 2020 to 31 May 2021

Awarded
£820,729
Total cost £1,172,470

This project will investigate requirements for a competitive UK supply chain for rare earth magnets. Rare earth magnets represent between 40 to 50% of the value of the raw materials for an electric motor. This is a critical component in the production of electric motors and is vital for the UK Road to Zero strategy which will see all new vehicles to be ef...

2007 Collaborative R&D

Hydrogen Processed Magnet Scrap (HyProMS).

1 Oct 2007 to 31 Mar 2010

Awarded
£12,750
Total cost £103,207

Awaiting Public Summary

Product types

BIS-Funded Programmes Collaborative R&D EU-Funded Feasibility Studies Legacy Department of Trade & Industry