Martin Mathew & Co. Limited

Martin Mathew & Co. Limited, based in Hertford, UK, is a holding company with an active status, celebrating 51 years in business. Founded in 1973, the company employs 41 people and holds assets worth £22,169,636. It’s a family business with three directors and two owners, boasting a perfect 5.0 Google rating from one review. The company regularly imports and exports prepared or preserved plant-based foods, with 1119 months of import activity and 77 months of export activity.

The company's website highlights its role as a leading importer and distributor of canned foods, operating under the Riverdene brand. Martin Mathew & Co. supplies a wide range of products—from canned Thai pineapple to bulk Mediterranean tomato paste—to the catering, foodservice, manufacturing, and retail sectors. They deal with suppliers in over 25 countries worldwide, emphasizing high-quality products and responsive service. The site also mentions a separate division, East Coast Storage (handling) Limited, suggesting a broader logistical network.

Financially, Martin Mathew & Co. Limited shows a mixed picture. Cash bank on hand increased significantly by 160% to £3,100,000, while current assets grew by 38% to £22,000,000. However, accrued liabilities increased by a substantial 930% to £2,300,000, and trade debtors rose by 32% to £11,000,000. Dividends paid increased by 8.6% to £940,000. The company’s equity increased by 46% to £17,000,000. The company's auditors, Trevor Jones & Partners Ltd, issued an unqualified opinion.

The substantial increase in accrued liabilities, while potentially reflecting increased business activity, warrants closer examination. The rise in trade debtors could indicate challenges in collecting payments, and the company should keep an eye on it. Overall, Martin Mathew & Co. Limited appears to be a stable, long-standing business, but it's important to monitor these trends to ensure continued financial health.

Registered in England/Wales under the registration number 01126990, with a registered address at SG14 1JA, Hertford, Hertfordshire, 50a St. Andrew Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.