matglobe limited
matglobe limited Company Information
Company Number
01798218
Next Accounts
Feb 2026
Shareholders
matglobe (holdings) limited
Group Structure
View All
Industry
Manufacture of household textiles (other than soft furnishings of 13.92/1)
Registered Address
42 hampton road forest gate, london, middlesex, E7 0PB
Website
-matglobe limited Estimated Valuation
Pomanda estimates the enterprise value of MATGLOBE LIMITED at £157.2k based on a Turnover of £662.6k and 0.24x industry multiple (adjusted for size and gross margin).
matglobe limited Estimated Valuation
Pomanda estimates the enterprise value of MATGLOBE LIMITED at £0 based on an EBITDA of £-42k and a 2.86x industry multiple (adjusted for size and gross margin).
matglobe limited Estimated Valuation
Pomanda estimates the enterprise value of MATGLOBE LIMITED at £56k based on Net Assets of £38.2k and 1.47x industry multiple (adjusted for liquidity).
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Matglobe Limited Overview
Matglobe Limited is a live company located in middlesex, E7 0PB with a Companies House number of 01798218. It operates in the manufacture of household textiles sector, SIC Code 13923. Founded in March 1984, it's largest shareholder is matglobe (holdings) limited with a 100% stake. Matglobe Limited is a mature, small sized company, Pomanda has estimated its turnover at £662.6k with low growth in recent years.
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Matglobe Limited Health Check
Pomanda's financial health check has awarded Matglobe Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
5 Weak
Size
annual sales of £662.6k, make it smaller than the average company (£10.7m)
- Matglobe Limited
£10.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a similar rate (1.9%)
- Matglobe Limited
1.9% - Industry AVG
Production
with a gross margin of 32.7%, this company has a comparable cost of product (32.7%)
- Matglobe Limited
32.7% - Industry AVG
Profitability
an operating margin of -6.3% make it less profitable than the average company (8.1%)
- Matglobe Limited
8.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (48)
2 - Matglobe Limited
48 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)
- Matglobe Limited
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £331.3k, this is more efficient (£222k)
- Matglobe Limited
£222k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (42 days)
- Matglobe Limited
42 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Matglobe Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Matglobe Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (15 weeks)
7 weeks - Matglobe Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.1%, this is a higher level of debt than the average (44.6%)
95.1% - Matglobe Limited
44.6% - Industry AVG
MATGLOBE LIMITED financials
Matglobe Limited's latest turnover from May 2024 is estimated at £662.6 thousand and the company has net assets of £38.2 thousand. According to their latest financial statements, Matglobe Limited has 2 employees and maintains cash reserves of £104 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,546 | 1,822 | 2,149 | 2,535 | 2,990 | 3,528 | 4,163 | 4,915 | 5,802 | 6,851 | 258,092 | 258,383 | 258,417 | ||
| Intangible Assets | |||||||||||||||
| Investments & Other | 50 | 50 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 1,050 | 251,050 | 251,050 | 251,050 | 1,050 | 1,050 | 1,050 |
| Debtors (Due After 1 year) | 142,639 | 119,987 | 114,820 | 117,820 | 129,320 | 99,320 | 101,320 | 108,820 | 125,320 | 139,320 | 135,773 | 124,188 | |||
| Total Fixed Assets | 50 | 50 | 2,596 | 145,511 | 123,186 | 118,405 | 121,860 | 133,898 | 104,533 | 357,285 | 365,672 | 383,221 | 398,462 | 395,206 | 383,655 |
| Stock & work in progress | 15,575 | 65,586 | 71,863 | 79,892 | 86,523 | 88,557 | 96,557 | 116,862 | 111,054 | 112,157 | 107,527 | 115,274 | 135,906 | ||
| Trade Debtors | 89,298 | 78,800 | 226,423 | 217,498 | 198,083 | 225,594 | 218,553 | 219,327 | 210,537 | 281,409 | 304,390 | 270,962 | 285,113 | 266,367 | 309,268 |
| Group Debtors | 19,000 | 19,000 | 19,000 | ||||||||||||
| Misc Debtors | 591,139 | 648,639 | 598,639 | 206,000 | 319,410 | 378,641 | 278,356 | 277,353 | 96,000 | ||||||
| Cash | 103,965 | 812 | 4,301 | 34,901 | 55,891 | 7,497 | 18,737 | 2,312 | 253,004 | 27,834 | 550 | 422 | 101 | 66 | 1,655 |
| misc current assets | |||||||||||||||
| total current assets | 784,402 | 728,251 | 844,938 | 523,985 | 645,247 | 691,624 | 621,169 | 606,549 | 675,098 | 426,105 | 415,994 | 383,541 | 392,741 | 381,707 | 446,829 |
| total assets | 784,452 | 728,301 | 847,534 | 669,496 | 768,433 | 810,029 | 743,029 | 740,447 | 779,631 | 783,390 | 781,666 | 766,762 | 791,203 | 776,913 | 830,484 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 15,204 | 18,281 | 16,259 | 13,031 | 27,074 | 34,364 | 26,795 | 35,353 | 314,308 | 331,535 | 323,858 | 335,311 | 315,339 | 366,191 | |
| Group/Directors Accounts | 365,999 | 213,999 | 213,999 | 64,000 | 81,000 | 81,000 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 380,255 | 421,638 | 313,411 | 211,626 | 180,488 | 258,909 | 257,454 | 286,273 | 294,395 | ||||||
| total current liabilities | 746,254 | 650,841 | 545,691 | 291,885 | 274,519 | 366,983 | 291,818 | 313,068 | 329,748 | 314,308 | 331,535 | 323,858 | 335,311 | 315,339 | 366,191 |
| loans | 26,178 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 26,178 | ||||||||||||||
| total liabilities | 746,254 | 650,841 | 545,691 | 291,885 | 300,697 | 366,983 | 291,818 | 313,068 | 329,748 | 314,308 | 331,535 | 323,858 | 335,311 | 315,339 | 366,191 |
| net assets | 38,198 | 77,460 | 301,843 | 377,611 | 467,736 | 443,046 | 451,211 | 427,379 | 449,883 | 469,082 | 450,131 | 442,904 | 455,892 | 461,574 | 464,293 |
| total shareholders funds | 38,198 | 77,460 | 301,843 | 377,611 | 467,736 | 443,046 | 451,211 | 427,379 | 449,883 | 469,082 | 450,131 | 442,904 | 455,892 | 461,574 | 464,293 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 276 | 327 | 386 | 455 | 635 | 752 | 887 | 1,049 | 1,241 | 1,291 | 1,454 | 1,132 | |||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -15,575 | -50,011 | -6,277 | -8,029 | -6,631 | -2,034 | -8,000 | -20,305 | 5,808 | -1,103 | 4,630 | -7,747 | -20,632 | 135,906 | |
| Debtors | -47,002 | -97,623 | 258,925 | -71,343 | -81,575 | 85,326 | -11,271 | 220,143 | 42,128 | -30,481 | 16,928 | -28,151 | 22,293 | -31,316 | 433,456 |
| Creditors | -15,204 | -3,077 | 2,022 | 3,228 | -14,043 | -7,290 | 7,569 | -8,558 | -278,955 | -17,227 | 7,677 | -11,453 | 19,972 | -50,852 | 366,191 |
| Accruals and Deferred Income | -41,383 | 108,227 | 101,785 | 31,138 | -78,421 | 1,455 | -28,819 | -8,122 | 294,395 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,000 | -250,000 | 250,000 | 1,050 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 152,000 | 149,999 | -17,000 | 81,000 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -26,178 | 26,178 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 103,153 | -3,489 | -30,600 | -20,990 | 48,394 | -11,240 | 16,425 | -250,692 | 225,170 | 27,284 | 128 | 321 | 35 | -1,589 | 1,655 |
| overdraft | |||||||||||||||
| change in cash | 103,153 | -3,489 | -30,600 | -20,990 | 48,394 | -11,240 | 16,425 | -250,692 | 225,170 | 27,284 | 128 | 321 | 35 | -1,589 | 1,655 |
matglobe limited Credit Report and Business Information
Matglobe Limited Competitor Analysis
Perform a competitor analysis for matglobe limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in E 7 area or any other competitors across 12 key performance metrics.
matglobe limited Ownership
MATGLOBE LIMITED group structure
Matglobe Limited has no subsidiary companies.
Ultimate parent company
MATGLOBE LIMITED
01798218
matglobe limited directors
Matglobe Limited currently has 2 directors. The longest serving directors include Mr Ismail Patel (Oct 1991) and Zaibunnisha Patel (Oct 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ismail Patel | 68 years | Oct 1991 | - | Director | |
| Zaibunnisha Patel | 66 years | Oct 1991 | - | Director |
P&L
May 2024turnover
662.6k
+56%
operating profit
-42k
0%
gross margin
32.7%
+8.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
38.2k
-0.51%
total assets
784.5k
+0.08%
cash
104k
+127.04%
net assets
Total assets minus all liabilities
matglobe limited company details
company number
01798218
Type
Private limited with Share Capital
industry
13923 - Manufacture of household textiles (other than soft furnishings of 13.92/1)
incorporation date
March 1984
age
41
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
42 hampton road forest gate, london, middlesex, E7 0PB
Bank
HSBC BANK PLC
Legal Advisor
-
matglobe limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 10 charges/mortgages relating to matglobe limited. Currently there are 4 open charges and 6 have been satisfied in the past.
matglobe limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MATGLOBE LIMITED. This can take several minutes, an email will notify you when this has completed.
matglobe limited Companies House Filings - See Documents
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