matting ltd Company Information
Company Number
08599377
Website
https://mattingltd.comRegistered Address
2 the quadrangle, welwyn garden city, hertfordshire, AL8 6SG
Industry
Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
Telephone
08000599907
Next Accounts Due
April 2025
Group Structure
View All
Directors
Patrick Dorkings11 Years
Shareholders
mr patrick dorkings 100%
matting ltd Estimated Valuation
Pomanda estimates the enterprise value of MATTING LTD at £65k based on a Turnover of £196.7k and 0.33x industry multiple (adjusted for size and gross margin).
matting ltd Estimated Valuation
Pomanda estimates the enterprise value of MATTING LTD at £0 based on an EBITDA of £-13.4k and a 2.72x industry multiple (adjusted for size and gross margin).
matting ltd Estimated Valuation
Pomanda estimates the enterprise value of MATTING LTD at £0 based on Net Assets of £-3.9k and 2.99x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Matting Ltd Overview
Matting Ltd is a live company located in hertfordshire, AL8 6SG with a Companies House number of 08599377. It operates in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) sector, SIC Code 47789. Founded in July 2013, it's largest shareholder is mr patrick dorkings with a 100% stake. Matting Ltd is a established, micro sized company, Pomanda has estimated its turnover at £196.7k with healthy growth in recent years.
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Matting Ltd Health Check
Pomanda's financial health check has awarded Matting Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
7 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £196.7k, make it smaller than the average company (£8.1m)
- Matting Ltd
£8.1m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5%)
- Matting Ltd
5% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 28.8%, this company has a higher cost of product (44.6%)
- Matting Ltd
44.6% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -6.8% make it less profitable than the average company (5.5%)
- Matting Ltd
5.5% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 2 employees, this is below the industry average (46)
2 - Matting Ltd
46 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£24.8k)
- Matting Ltd
£24.8k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £98.3k, this is less efficient (£123k)
- Matting Ltd
£123k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 74 days, this is later than average (10 days)
- Matting Ltd
10 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 97 days, this is slower than average (39 days)
- Matting Ltd
39 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Matting Ltd
- - Industry AVG
![cashbalance](/assets/images/scoreRate-1.png)
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Matting Ltd
- - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 109.6%, this is a higher level of debt than the average (59.4%)
109.6% - Matting Ltd
59.4% - Industry AVG
MATTING LTD financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Matting Ltd's latest turnover from July 2023 is estimated at £196.7 thousand and the company has net assets of -£3.9 thousand. According to their latest financial statements, Matting Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
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 | 2 | 2 | 1 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 230 | 598 | 978 | 978 | 587 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 230 | 598 | 978 | 978 | 587 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 40,106 | 46,722 | 46,943 | 39,451 | 33,175 | 36,818 | 39,656 | 7,041 | 5,606 | 3,455 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 500 | 0 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,643 | 1 | 940 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 40,106 | 47,222 | 46,943 | 40,651 | 33,175 | 36,818 | 39,656 | 15,684 | 5,607 | 4,395 |
total assets | 40,336 | 47,820 | 47,921 | 41,629 | 33,762 | 36,818 | 39,656 | 15,684 | 5,607 | 4,395 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 37,307 | 27,779 | 18,830 | 26,788 | 13,946 | 15,693 | 18,176 | 13,259 | 15,799 | 4,587 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 37,307 | 27,779 | 18,830 | 26,788 | 13,946 | 15,693 | 18,176 | 13,259 | 15,799 | 4,587 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 6,900 | 10,500 | 14,100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 6,900 | 10,500 | 14,100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 44,207 | 38,279 | 32,930 | 26,788 | 13,946 | 15,693 | 18,176 | 13,259 | 15,799 | 4,587 |
net assets | -3,871 | 9,541 | 14,991 | 14,841 | 19,816 | 21,125 | 21,480 | 2,425 | -10,192 | -192 |
total shareholders funds | -3,871 | 9,541 | 14,991 | 14,841 | 19,816 | 21,125 | 21,480 | 2,425 | -10,192 | -192 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | ||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Tax | ||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -7,116 | 279 | 6,292 | 7,476 | -3,643 | -2,838 | 32,615 | 1,435 | 2,151 | 3,455 |
Creditors | 9,528 | 8,949 | -7,958 | 12,842 | -1,747 | -2,483 | 4,917 | -2,540 | 11,212 | 4,587 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||
Investing Activities | ||||||||||
capital expenditure | ||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||
Financing Activities | ||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -3,600 | -3,600 | 14,100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||
interest | ||||||||||
cash flow from financing | ||||||||||
cash and cash equivalents | ||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -8,643 | 8,642 | -939 | 940 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -8,643 | 8,642 | -939 | 940 |
matting ltd Credit Report and Business Information
Matting Ltd Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for matting ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in AL8 area or any other competitors across 12 key performance metrics.
matting ltd Ownership
MATTING LTD group structure
Matting Ltd has no subsidiary companies.
Ultimate parent company
MATTING LTD
08599377
matting ltd directors
Matting Ltd currently has 1 director, Mr Patrick Dorkings serving since Jul 2013.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Patrick Dorkings | England | 49 years | Jul 2013 | - | Director |
P&L
July 2023turnover
196.7k
+15%
operating profit
-13.4k
0%
gross margin
28.8%
-4.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-3.9k
-1.41%
total assets
40.3k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
matting ltd company details
company number
08599377
Type
Private limited with Share Capital
industry
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
incorporation date
July 2013
age
11
accounts
Micro-Entity Accounts
ultimate parent company
previous names
roofmatting.com limited (April 2014)
incorporated
UK
address
2 the quadrangle, welwyn garden city, hertfordshire, AL8 6SG
last accounts submitted
July 2023
matting ltd 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 matting ltd.
![charges](/assets/images/company_charges.png)
matting ltd Companies House Filings - See Documents
date | description | view/download |
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