matin technologies limited

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matin technologies limited Company Information

Share MATIN TECHNOLOGIES LIMITED

Company Number

07571921

Shareholders

mohammed waziullah matin

aleksandra matin

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

64 southwark bridge road, london, SE1 0AS

Website

-

matin technologies limited Estimated Valuation

£44.9k

Pomanda estimates the enterprise value of MATIN TECHNOLOGIES LIMITED at £44.9k based on a Turnover of £113.6k and 0.4x industry multiple (adjusted for size and gross margin).

matin technologies limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MATIN TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-624 and a 2.89x industry multiple (adjusted for size and gross margin).

matin technologies limited Estimated Valuation

£362

Pomanda estimates the enterprise value of MATIN TECHNOLOGIES LIMITED at £362 based on Net Assets of £170 and 2.13x industry multiple (adjusted for liquidity).

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Matin Technologies Limited Overview

Matin Technologies Limited is a live company located in london, SE1 0AS with a Companies House number of 07571921. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2011, it's largest shareholder is mohammed waziullah matin with a 55% stake. Matin Technologies Limited is a established, micro sized company, Pomanda has estimated its turnover at £113.6k with healthy growth in recent years.

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Matin Technologies Limited Health Check

Pomanda's financial health check has awarded Matin Technologies Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £113.6k, make it smaller than the average company (£3.7m)

£113.6k - Matin Technologies Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.2%)

6% - Matin Technologies Limited

8.2% - Industry AVG

production

Production

with a gross margin of 17.1%, this company has a higher cost of product (38.1%)

17.1% - Matin Technologies Limited

38.1% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (5.7%)

-0.5% - Matin Technologies Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (22)

2 - Matin Technologies Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)

£46.5k - Matin Technologies Limited

£46.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £56.8k, this is less efficient (£145.9k)

£56.8k - Matin Technologies Limited

£145.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 86 days, this is later than average (36 days)

86 days - Matin Technologies Limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 81 days, this is slower than average (33 days)

81 days - Matin Technologies Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Matin Technologies Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Matin Technologies Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (58.8%)

99.4% - Matin Technologies Limited

58.8% - Industry AVG

MATIN TECHNOLOGIES LIMITED financials

EXPORTms excel logo

Matin Technologies Limited's latest turnover from March 2024 is estimated at £113.6 thousand and the company has net assets of £170. According to their latest financial statements, Matin Technologies Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover113,623110,668114,28196,105110,153111,19354,20381,278101,11229,15866,59645,67041,410
Other Income Or Grants
Cost Of Sales94,18991,39995,71081,01591,19692,66145,09866,90683,63124,27655,47837,82933,937
Gross Profit19,43419,27018,57115,09018,95718,5329,10514,37217,4814,88311,1187,8417,473
Admin Expenses20,05816,30220,281-1,43813,024-9,14659,280-7,10914,62312,17925,51214,967-27,107
Operating Profit-6242,968-1,71016,5285,93327,678-50,17521,4812,858-7,296-14,394-7,12634,580
Interest Payable2,3463,8841,563
Interest Receivable3018385538043101
Pre-Tax Profit-6242,968-1,71016,5285,93325,362-53,87620,0042,911-7,216-14,351-7,11634,581
Tax-564-3,140-1,127-4,819-4,001-582-8,991
Profit After Tax-6242,404-1,71013,3884,80620,543-53,87616,0032,329-7,216-14,351-7,11625,590
Dividends Paid
Retained Profit-6242,404-1,71013,3884,80620,543-53,87616,0032,329-7,216-14,351-7,11625,590
Employee Costs93,02889,53484,50580,333119,32277,13672,730106,694106,96635,50935,26734,78934,714
Number Of Employees2222322331111
EBITDA*-6242,968-1,71016,5285,93327,678-29,67791,81817,3057,232-537,06548,661

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets38945526320,35140,46760,623933188525972751492244
Intangible Assets80,00014,00028,00042,00056,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets38945526320,35140,46760,62380,93318852514,97228,75142,49256,244
Stock & work in progress
Trade Debtors26,87229,81134,06923,7419,43914,9941,8582,9469,6523,4743,7352,5581,348
Group Debtors
Misc Debtors12,27816,0998171,244
Cash8,01965,3432,89918,30913,6293,690409
misc current assets
total current assets26,87229,81134,06923,7419,43914,99422,15584,38813,36823,02717,3646,2481,757
total assets27,26130,26634,33244,09249,90675,617103,08884,57613,89337,99946,11548,74058,001
Bank overdraft
Bank loan
Trade Creditors 21,14018,52120,04720,35441,16255,67715,00041,89230,16632,311
Group/Directors Accounts
other short term finances14,02510,000
hp & lease commitments
other current liabilities72,11319,23714,55725,992
total current liabilities21,14018,52120,04720,35441,16255,67786,13829,23714,55740,99241,89230,16632,311
loans55,48740,000
hp & lease commitments
Accruals and Deferred Income1,2731,2731,2171,1381,8391,285
other liabilities4,6789,67814,67822,50020,19336,749
provisions
total long term liabilities5,95110,95115,89523,63822,03238,03455,48740,000
total liabilities27,09129,47235,94243,99263,19493,711141,62569,23714,55740,99241,89230,16632,311
net assets170794-1,610100-13,288-18,094-38,53715,339-664-2,9934,22318,57425,690
total shareholders funds170794-1,610100-13,288-18,094-38,53715,339-664-2,9934,22318,57425,690
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit-6242,968-1,71016,5285,93327,678-50,17521,4812,858-7,296-14,394-7,12634,580
Depreciation49833744752834119181
Amortisation20,00070,00014,00014,00014,00014,00014,000
Tax-564-3,140-1,127-4,819-4,001-582-8,991
Stock
Debtors-2,939-4,25810,32814,302-5,555858-4,9098,5765,7519831,1771,2101,348
Creditors2,619-1,526-307-20,808-14,51555,677-15,000-26,89211,726-2,14532,311
Accruals and Deferred Income5679-701554-70,82852,8764,680-11,43525,992
Deferred Taxes & Provisions
Cash flow from operations4,9345,192-12,266-22,423-3,6006,85028,10883,921-15,4635,34910,4963,71070,633
Investing Activities
capital expenditure66-19220,08820,11620,15620,310-101,243-70,000-749-600-439-70,325
Change in Investments
cash flow from investments66-19220,08820,11620,15620,310-101,243-70,000-749-600-439-70,325
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -14,0254,02510,000
Long term loans-55,48715,48740,000
Hire Purchase and Lease Commitments
other long term liabilities-5,000-5,000-7,8222,307-16,55636,749
share issue-100100
interest-2,316-3,701-1,478538043101
cash flow from financing-5,000-5,000-7,8222,307-16,556-35,17915,81148,52253804310101
cash and cash equivalents
cash-8,019-57,32462,444-15,4104,6809,9393,281409
overdraft
change in cash-8,019-57,32462,444-15,4104,6809,9393,281409

matin technologies limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Matin Technologies Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for matin technologies limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SE1 area or any other competitors across 12 key performance metrics.

matin technologies limited Ownership

MATIN TECHNOLOGIES LIMITED group structure

Matin Technologies Limited has no subsidiary companies.

Ultimate parent company

MATIN TECHNOLOGIES LIMITED

07571921

MATIN TECHNOLOGIES LIMITED Shareholders

mohammed waziullah matin 55%
aleksandra matin 45%

matin technologies limited directors

Matin Technologies Limited currently has 2 directors. The longest serving directors include Mr Mohammed Matin (Mar 2011) and Ms Aleksandra Matin (Dec 2013).

officercountryagestartendrole
Mr Mohammed MatinUnited Kingdom54 years Mar 2011- Director
Ms Aleksandra MatinUnited Kingdom40 years Dec 2013- Director

P&L

March 2024

turnover

113.6k

+3%

operating profit

-624

0%

gross margin

17.2%

-1.77%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

170

-0.79%

total assets

27.3k

-0.1%

cash

0

0%

net assets

Total assets minus all liabilities

matin technologies limited company details

company number

07571921

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

March 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

TAXASSIST ACCOUNTANTS

auditor

-

address

64 southwark bridge road, london, SE1 0AS

Bank

-

Legal Advisor

-

matin technologies 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 did not find charges/mortgages relating to matin technologies limited.

matin technologies 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.

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matin technologies limited Companies House Filings - See Documents

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