matrix solutions uk limited
matrix solutions uk limited Company Information
Company Number
03130667
Website
matrix.uk.comRegistered Address
4 hardman square, spinningfields, manchester, M3 3EB
Industry
Construction of commercial buildings
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
cps bristol ltd 100%
matrix solutions uk limited Estimated Valuation
Pomanda estimates the enterprise value of MATRIX SOLUTIONS UK LIMITED at £8m based on a Turnover of £17m and 0.47x industry multiple (adjusted for size and gross margin).
matrix solutions uk limited Estimated Valuation
Pomanda estimates the enterprise value of MATRIX SOLUTIONS UK LIMITED at £916.7k based on an EBITDA of £216k and a 4.24x industry multiple (adjusted for size and gross margin).
matrix solutions uk limited Estimated Valuation
Pomanda estimates the enterprise value of MATRIX SOLUTIONS UK LIMITED at £566.9k based on Net Assets of £881k and 0.64x industry multiple (adjusted for liquidity).
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Matrix Solutions Uk Limited Overview
Matrix Solutions Uk Limited is a dissolved company that was located in manchester, M3 3EB with a Companies House number of 03130667. It operated in the construction of commercial buildings sector, SIC Code 41201. Founded in November 1995, it's largest shareholder was cps bristol ltd with a 100% stake. The last turnover for Matrix Solutions Uk Limited was estimated at £17m.
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Matrix Solutions Uk Limited Health Check
Pomanda's financial health check has awarded Matrix Solutions Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £17m, make it larger than the average company (£5.1m)
£17m - Matrix Solutions Uk Limited
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (2.9%)
17% - Matrix Solutions Uk Limited
2.9% - Industry AVG
Production
with a gross margin of 12.7%, this company has a higher cost of product (19%)
12.7% - Matrix Solutions Uk Limited
19% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (3.6%)
0.9% - Matrix Solutions Uk Limited
3.6% - Industry AVG
Employees
with 51 employees, this is below the industry average (64)
51 - Matrix Solutions Uk Limited
64 - Industry AVG
Pay Structure
on an average salary of £30.1k, the company has a lower pay structure (£38.8k)
£30.1k - Matrix Solutions Uk Limited
£38.8k - Industry AVG
Efficiency
resulting in sales per employee of £332.7k, this is more efficient (£215.1k)
£332.7k - Matrix Solutions Uk Limited
£215.1k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (52 days)
76 days - Matrix Solutions Uk Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (41 days)
64 days - Matrix Solutions Uk Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (14 days)
7 days - Matrix Solutions Uk Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Matrix Solutions Uk Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.9%, this is a higher level of debt than the average (73.5%)
81.9% - Matrix Solutions Uk Limited
73.5% - Industry AVG
MATRIX SOLUTIONS UK LIMITED financials
Matrix Solutions Uk Limited's latest turnover from December 2012 is £17 million and the company has net assets of £881 thousand. According to their latest financial statements, Matrix Solutions Uk Limited has 51 employees and maintains cash reserves of £6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|
| Turnover | 16,969,000 | 15,396,000 | 12,302,000 | 10,578,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 14,813,000 | 13,212,000 | 10,324,000 | 8,682,000 |
| Gross Profit | 2,156,000 | 2,184,000 | 1,978,000 | 1,896,000 |
| Admin Expenses | 1,997,000 | 1,994,000 | 1,794,000 | 1,730,000 |
| Operating Profit | 159,000 | 190,000 | 184,000 | 166,000 |
| Interest Payable | 29,000 | 29,000 | 28,000 | 30,000 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 130,000 | 161,000 | 156,000 | 136,000 |
| Tax | 0 | -35,000 | -38,000 | -38,000 |
| Profit After Tax | 130,000 | 126,000 | 118,000 | 98,000 |
| Dividends Paid | 956,000 | 18,000 | 68,000 | 0 |
| Retained Profit | -826,000 | 108,000 | 50,000 | 98,000 |
| Employee Costs | 1,536,000 | 1,581,000 | 1,477,000 | 1,487,000 |
| Number Of Employees | 51 | 42 | 38 | 38 |
| EBITDA* | 216,000 | 246,000 | 246,000 | 252,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|
| Tangible Assets | 135,000 | 143,000 | 149,000 | 169,000 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 67,000 | 59,000 | 70,000 | 22,000 |
| Total Fixed Assets | 202,000 | 202,000 | 219,000 | 191,000 |
| Stock & work in progress | 307,000 | 92,000 | 130,000 | 101,000 |
| Trade Debtors | 3,548,000 | 3,619,000 | 2,882,000 | 2,296,000 |
| Group Debtors | 590,000 | 1,002,000 | 1,002,000 | 1,006,000 |
| Misc Debtors | 214,000 | 139,000 | 106,000 | 133,000 |
| Cash | 6,000 | 63,000 | 3,000 | 4,000 |
| misc current assets | 0 | 0 | 0 | 145,000 |
| total current assets | 4,665,000 | 4,915,000 | 4,123,000 | 3,685,000 |
| total assets | 4,867,000 | 5,117,000 | 4,342,000 | 3,876,000 |
| Bank overdraft | 775,000 | 274,000 | 263,000 | 665,000 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,603,000 | 2,292,000 | 1,882,000 | 1,209,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 3,000 | 3,000 | 11,000 | 18,000 |
| other current liabilities | 565,000 | 809,000 | 554,000 | 415,000 |
| total current liabilities | 3,946,000 | 3,378,000 | 2,710,000 | 2,307,000 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,000 | 4,000 | 0 | 11,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 39,000 | 28,000 | 33,000 | 9,000 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 40,000 | 32,000 | 33,000 | 20,000 |
| total liabilities | 3,986,000 | 3,410,000 | 2,743,000 | 2,327,000 |
| net assets | 881,000 | 1,707,000 | 1,599,000 | 1,549,000 |
| total shareholders funds | 881,000 | 1,707,000 | 1,599,000 | 1,549,000 |
| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 159,000 | 190,000 | 184,000 | 166,000 |
| Depreciation | 57,000 | 56,000 | 62,000 | 86,000 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | 0 | -35,000 | -38,000 | -38,000 |
| Stock | 215,000 | -38,000 | 29,000 | 101,000 |
| Debtors | -400,000 | 759,000 | 603,000 | 3,457,000 |
| Creditors | 311,000 | 410,000 | 673,000 | 1,209,000 |
| Accruals and Deferred Income | -244,000 | 255,000 | 139,000 | 415,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | 468,000 | 155,000 | 388,000 | -1,720,000 |
| Investing Activities | ||||
| capital expenditure | -47,000 | -32,000 | 104,000 | -182,000 |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | -47,000 | -32,000 | 104,000 | -182,000 |
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -3,000 | -4,000 | -18,000 | 29,000 |
| other long term liabilities | 11,000 | -5,000 | 24,000 | 9,000 |
| share issue | ||||
| interest | -29,000 | -29,000 | -28,000 | -30,000 |
| cash flow from financing | -21,000 | -38,000 | -22,000 | 1,459,000 |
| cash and cash equivalents | ||||
| cash | -57,000 | 60,000 | -1,000 | 4,000 |
| overdraft | 501,000 | 11,000 | -402,000 | 665,000 |
| change in cash | -558,000 | 49,000 | 401,000 | -661,000 |
matrix solutions uk limited Credit Report and Business Information
Matrix Solutions Uk Limited Competitor Analysis
Perform a competitor analysis for matrix solutions uk limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in M 3 area or any other competitors across 12 key performance metrics.
matrix solutions uk limited Ownership
MATRIX SOLUTIONS UK LIMITED group structure
Matrix Solutions Uk Limited has no subsidiary companies.
matrix solutions uk limited directors
Matrix Solutions Uk Limited currently has 4 directors. The longest serving directors include Mr Terence Evans (Jul 1999) and Mr Neil Wright (Apr 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Terence Evans | 73 years | Jul 1999 | - | Director | |
| Mr Neil Wright | United Kingdom | 60 years | Apr 2001 | - | Director |
| Mr Timothy Whittaker | 50 years | Aug 2002 | - | Director | |
| Mr Geoffrey Critchlow | United Kingdom | 69 years | Dec 2002 | - | Director |
P&L
December 2012turnover
17m
+10%
operating profit
159k
-16%
gross margin
12.8%
-10.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2012net assets
881k
-0.48%
total assets
4.9m
-0.05%
cash
6k
-0.9%
net assets
Total assets minus all liabilities
matrix solutions uk limited company details
company number
03130667
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
November 1995
age
29
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
connaught parking services limited (March 2003)
connaught specialist contracts limited (September 2000)
last accounts submitted
December 2012
address
4 hardman square, spinningfields, manchester, M3 3EB
accountant
-
auditor
-
matrix solutions uk 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 4 charges/mortgages relating to matrix solutions uk limited. Currently there are 2 open charges and 2 have been satisfied in the past.
matrix solutions uk limited Companies House Filings - See Documents
| date | description | view/download |
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