Mathew Bray & Matthew Collins Ltd

Mathew Bray & Matthew Collins Ltd is a small, active company based in London, UK, founded eight years ago in 2016. With £3,300,409 in assets and a real registered address, it employs thirty-five people and is managed by two directors and two owners. The company operates in the specialised design activities, the engineering design activities for industrial process and production industries. It’s a regular importer of jewelry, precious stones, and metals, with four months of import activity recorded, the latest in April 2024. It also exports glass and glassware, albeit irregularly, with two months of export activity as of October 2023.

The company’s website is unavailable, so it’s difficult to determine the specifics of its operations beyond its stated industry. However, the import/export activities suggest a focus on sourcing materials and potentially distributing finished goods. It’s likely that the company works with industrial clients, providing design and engineering services related to manufacturing processes.

Financially, Mathew Bray & Matthew Collins Ltd shows some interesting trends. Cash reserves have increased dramatically, jumping 2,400% to £1,500,000, a significant boost. However, net assets also increased by 25% to £1,200,000, while trade debtors increased by 40% to £1,000,000, suggesting a reliance on customer payments. Creditors decreased by 63%, which is a positive sign of improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in debtors could be a cause for concern if payments are delayed. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The increase in bank borrowings by 160% to £90,000 could be a sign that the company is investing in growth or managing short-term cash flow needs. The significant increase in property plant equipment by 35% to £370,000 may indicate investment in new machinery or equipment. Overall, the company seems to be experiencing a period of growth, but it’s important to monitor the trends in debtors and cash flow to ensure long-term financial health.

Registered in England/Wales under the registration number 10222889, with a registered address at N3 1DP, England, London, C/O Proview Accountants, 315 Regents Park Road.

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