Mat Trading Limited

Mat Trading Limited, based in Leamington Spa, UK, is a small, active company founded eight years ago. It holds £183,973 in assets and operates from a real address, managed by one director and two owners—a solo founder at the helm. The company regularly imports furniture, lighting, and prefabricated buildings, with four months of import activity recorded, the latest on July 01, 2024. It operates in the retail sale via mail order houses or via internet industries.

The company's website is currently unavailable, making it difficult to assess its online presence and specific offerings. Without a website, it's unclear whether Mat Trading Limited operates an e-commerce platform or primarily engages in wholesale or B2B sales.

Financially, Mat Trading Limited presents a mixed picture. Current assets have decreased by 13%, falling to £180,000, while cash reserves have dropped by 7.7% to £23,000. Bank borrowings remain stable at £15,000. Creditors have also decreased by 11%, suggesting improved debt management. However, a significant drop in equity—down 5.9%—indicates a reduction in retained earnings. Trade debtors have increased substantially, by 120%, which could be a positive sign of increased sales but also a potential risk if payments aren't collected promptly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, relying on unaudited financial statements.

Despite the financial challenges, Mat Trading Limited’s consistent import activity suggests ongoing demand for its products. The increase in trade debtors, while concerning, could also reflect a strategy of offering credit terms to attract new customers. The company’s solo founder and lean management structure may allow it to adapt quickly to changing market conditions—though a deeper dive into its import sourcing and pricing strategies would be needed to fully understand its competitive position.

Registered in England/Wales under the registration number 10621544, with a registered address at CV33 9AX, United Kingdom, Leamington Spa, Unit 2 Burnt Heath Farm Long Itchington Road, Offchurch.

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