matryx limited
matryx limited Company Information
Company Number
05366702
Website
www.matryx-hygiene.co.ukRegistered Address
c/o kpmg llp, 1 st peter's square, manchester, M2 3AE
Industry
Manufacture of paper and paperboard
Telephone
01616226363
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
sidcot investments ltd 100%
matryx limited Estimated Valuation
Pomanda estimates the enterprise value of MATRYX LIMITED at £11.2m based on a Turnover of £27m and 0.42x industry multiple (adjusted for size and gross margin).
matryx limited Estimated Valuation
Pomanda estimates the enterprise value of MATRYX LIMITED at £3.3m based on an EBITDA of £1m and a 3.3x industry multiple (adjusted for size and gross margin).
matryx limited Estimated Valuation
Pomanda estimates the enterprise value of MATRYX LIMITED at £1.4m based on Net Assets of £910.6k and 1.51x industry multiple (adjusted for liquidity).
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Matryx Limited Overview
Matryx Limited is a dissolved company that was located in manchester, M2 3AE with a Companies House number of 05366702. It operated in the manufacture of paper and paperboard sector, SIC Code 17120. Founded in February 2005, it's largest shareholder was sidcot investments ltd with a 100% stake. The last turnover for Matryx Limited was estimated at £27m.
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Matryx Limited Health Check
Pomanda's financial health check has awarded Matryx Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £27m, make it larger than the average company (£17.5m)
£27m - Matryx Limited
£17.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (0.7%)
25% - Matryx Limited
0.7% - Industry AVG
Production
with a gross margin of 11.1%, this company has a higher cost of product (23.8%)
11.1% - Matryx Limited
23.8% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (4.3%)
1.7% - Matryx Limited
4.3% - Industry AVG
Employees
with 59 employees, this is below the industry average (91)
59 - Matryx Limited
91 - Industry AVG
Pay Structure
on an average salary of £32.2k, the company has an equivalent pay structure (£39.5k)
£32.2k - Matryx Limited
£39.5k - Industry AVG
Efficiency
resulting in sales per employee of £456.8k, this is more efficient (£171.2k)
£456.8k - Matryx Limited
£171.2k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (59 days)
57 days - Matryx Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (47 days)
27 days - Matryx Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (41 days)
17 days - Matryx Limited
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)
0 weeks - Matryx Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.4%, this is a higher level of debt than the average (49.5%)
92.4% - Matryx Limited
49.5% - Industry AVG
MATRYX LIMITED financials
Matryx Limited's latest turnover from September 2017 is £27 million and the company has net assets of £910.6 thousand. According to their latest financial statements, Matryx Limited has 59 employees and maintains cash reserves of £307 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 26,952,026 | 15,923,279 | 15,583,551 | 13,844,074 | 13,674,196 | 12,027,635 | 11,153,708 | 8,667,977 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 23,965,064 | 14,087,355 | 13,948,737 | 12,700,311 | 12,017,597 | 10,683,942 | 9,611,900 | 7,138,262 |
| Gross Profit | 2,986,962 | 1,835,924 | 1,634,814 | 1,143,763 | 1,656,599 | 1,343,693 | 1,541,808 | 1,529,715 |
| Admin Expenses | 2,522,986 | 1,490,590 | 1,292,458 | 941,887 | 1,201,836 | 1,089,386 | 1,249,926 | 1,042,435 |
| Operating Profit | 463,976 | 345,334 | 342,356 | 201,876 | 454,763 | 254,307 | 291,882 | 487,280 |
| Interest Payable | 312,782 | 106,142 | 114,610 | 130,471 | 96,504 | 63,400 | 54,138 | 52,552 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 151,194 | 239,192 | 227,746 | 71,405 | 358,259 | 190,907 | 237,744 | 442,883 |
| Tax | -104,853 | -101,741 | -72,795 | 30,920 | -59,707 | -25,129 | -63,077 | 66,044 |
| Profit After Tax | 46,341 | 137,451 | 154,951 | 102,325 | 298,552 | 165,778 | 174,667 | 508,927 |
| Dividends Paid | 0 | 55,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 46,341 | 82,451 | 154,951 | 102,325 | 298,552 | 165,778 | 174,667 | 508,927 |
| Employee Costs | 1,898,826 | 1,292,889 | 1,173,773 | 1,152,620 | 1,102,792 | 1,055,381 | 842,546 | 620,192 |
| Number Of Employees | 59 | 63 | 49 | 53 | 51 | 45 | 41 | 37 |
| EBITDA* | 1,005,951 | 449,685 | 454,166 | 300,771 | 514,537 | 296,822 | 327,144 | 512,791 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,675,666 | 3,480,288 | 963,248 | 1,026,463 | 922,911 | 155,036 | 143,459 | 101,072 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 1,523,916 | 1,142,572 | 1,209,597 | 816,914 | 475,774 | 0 |
| Total Fixed Assets | 5,675,666 | 3,480,288 | 2,487,164 | 2,169,035 | 2,132,508 | 971,950 | 619,233 | 101,072 |
| Stock & work in progress | 1,123,322 | 760,572 | 690,793 | 916,236 | 574,283 | 512,383 | 642,924 | 375,662 |
| Trade Debtors | 4,247,618 | 3,867,343 | 3,167,891 | 3,098,819 | 2,883,150 | 2,933,426 | 2,596,714 | 2,057,935 |
| Group Debtors | 246,030 | 364,228 | 262,986 | 486,519 | 8,638 | 0 | 0 | 261,088 |
| Misc Debtors | 711,529 | 860,821 | 543,964 | 191,295 | 30,478 | 96,053 | 23,118 | 128,594 |
| Cash | 307 | 590 | 769 | 19,642 | 49,799 | 53,543 | 172,062 | 513 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,328,806 | 5,853,554 | 4,666,403 | 4,712,511 | 3,546,348 | 3,595,405 | 3,434,818 | 2,823,792 |
| total assets | 12,004,472 | 9,333,842 | 7,153,567 | 6,881,546 | 5,678,856 | 4,567,355 | 4,054,051 | 2,924,864 |
| Bank overdraft | 198,590 | 202,105 | 0 | 0 | 0 | 0 | 0 | 81,674 |
| Bank loan | 0 | 0 | 237,330 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,797,774 | 1,461,706 | 2,833,456 | 2,881,078 | 1,882,140 | 1,482,394 | 1,557,710 | 2,273,438 |
| Group/Directors Accounts | 2,198,063 | 289,021 | 112,593 | 166,272 | 55,274 | 59,813 | 71,709 | 505,781 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 667,160 | 1,119,486 | 155,453 | 147,909 | 155,451 | 0 | 0 | 0 |
| other current liabilities | 3,825,824 | 3,387,177 | 2,695,746 | 2,639,997 | 2,657,058 | 2,814,178 | 2,358,766 | 75,772 |
| total current liabilities | 8,687,411 | 6,459,495 | 6,034,578 | 5,835,256 | 4,749,923 | 4,356,385 | 3,988,185 | 2,936,665 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 95,000 | 300,000 |
| hp & lease commitments | 1,984,729 | 1,699,583 | 119,753 | 249,861 | 393,904 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 421,763 | 313,262 | 225,242 | 50,109 | 65,505 | 21,322 | 0 | 0 |
| total long term liabilities | 2,406,492 | 2,012,845 | 344,995 | 299,970 | 459,409 | 21,322 | 95,000 | 300,000 |
| total liabilities | 11,093,903 | 8,472,340 | 6,379,573 | 6,135,226 | 5,209,332 | 4,377,707 | 4,083,185 | 3,236,665 |
| net assets | 910,569 | 861,502 | 773,994 | 746,320 | 469,524 | 189,648 | -29,134 | -311,801 |
| total shareholders funds | 910,569 | 861,502 | 773,994 | 746,320 | 469,524 | 189,648 | -29,134 | -311,801 |
| Sep 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 463,976 | 345,334 | 342,356 | 201,876 | 454,763 | 254,307 | 291,882 | 487,280 |
| Depreciation | 541,975 | 104,351 | 111,810 | 98,895 | 59,774 | 42,515 | 35,262 | 25,511 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -104,853 | -101,741 | -72,795 | 30,920 | -59,707 | -25,129 | -63,077 | 66,044 |
| Stock | 362,750 | 69,779 | -225,443 | 341,953 | 61,900 | -130,541 | 267,262 | 375,662 |
| Debtors | 112,785 | -406,365 | 579,552 | 787,342 | 285,470 | 750,787 | 647,989 | 2,447,617 |
| Creditors | 336,068 | -1,371,750 | -47,622 | 998,938 | 399,746 | -75,316 | -715,728 | 2,273,438 |
| Accruals and Deferred Income | 438,647 | 691,431 | 55,749 | -17,061 | -157,120 | 455,412 | 2,282,994 | 75,772 |
| Deferred Taxes & Provisions | 108,501 | 88,020 | 175,133 | -15,396 | 44,183 | 21,322 | 0 | 0 |
| Cash flow from operations | 1,308,779 | 92,231 | 210,522 | 168,877 | 394,269 | 52,865 | 916,082 | 104,766 |
| Investing Activities | ||||||||
| capital expenditure | -30,028 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -30,028 | |||||||
| Financing Activities | ||||||||
| Bank loans | 0 | -237,330 | 237,330 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,909,042 | 176,428 | -53,679 | 110,998 | -4,539 | -11,896 | -434,072 | 505,781 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -95,000 | -205,000 | 300,000 |
| Hire Purchase and Lease Commitments | -167,180 | 2,543,863 | -122,564 | -151,585 | 549,355 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -312,782 | -106,142 | -114,610 | -130,471 | -96,504 | -63,400 | -54,138 | -52,552 |
| cash flow from financing | 1,431,806 | 2,381,876 | -180,800 | 3,413 | 429,636 | -117,292 | -585,210 | -67,499 |
| cash and cash equivalents | ||||||||
| cash | -283 | -179 | -18,873 | -30,157 | -3,744 | -118,519 | 171,549 | 513 |
| overdraft | -3,515 | 202,105 | 0 | 0 | 0 | 0 | -81,674 | 81,674 |
| change in cash | 3,232 | -202,284 | -18,873 | -30,157 | -3,744 | -118,519 | 253,223 | -81,161 |
matryx limited Credit Report and Business Information
Matryx Limited Competitor Analysis
Perform a competitor analysis for matryx limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
matryx limited Ownership
MATRYX LIMITED group structure
Matryx Limited has no subsidiary companies.
matryx limited directors
Matryx Limited currently has 3 directors. The longest serving directors include Mr Nigel Samuel (Feb 2005) and Mrs Susan Samuel (Apr 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Samuel | 59 years | Feb 2005 | - | Director | |
| Mrs Susan Samuel | 59 years | Apr 2006 | - | Director | |
| Mr David Eccleston | 67 years | Apr 2010 | - | Director |
P&L
September 2017turnover
27m
+69%
operating profit
464k
+34%
gross margin
11.1%
-3.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2017net assets
910.6k
+0.06%
total assets
12m
+0.29%
cash
307
-0.48%
net assets
Total assets minus all liabilities
matryx limited company details
company number
05366702
Type
Private limited with Share Capital
industry
17120 - Manufacture of paper and paperboard
incorporation date
February 2005
age
19
accounts
Full Accounts
ultimate parent company
previous names
woodstock tissue ltd (January 2007)
incorporated
UK
address
c/o kpmg llp, 1 st peter's square, manchester, M2 3AE
last accounts submitted
September 2017
matryx 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 8 charges/mortgages relating to matryx limited. Currently there are 3 open charges and 5 have been satisfied in the past.
matryx limited Companies House Filings - See Documents
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