Matic Media Services Limited

Matic Media Services Ltd, based in Coatbridge, UK, is a small, active company established 20 years ago. With 21 employees and £380,808 in assets, it operates from a real address and is overseen by three directors and one owner, boasting a perfect 5.0 Google rating from a single review. The company irregularly imports miscellaneous manufactured goods, with its last import operation occurring one month ago in June 2021.

The company's website, maticmedia.co.uk, showcases a range of services including signwriting, vehicle graphics, and print design. It appears to be primarily a service-based business, with no obvious e-commerce functionality. They offer design and installation services for businesses, and the site is well-designed and professional, suggesting a focus on quality and customer satisfaction.

Financially, Matic Media Services Ltd presents a mixed picture. While cash reserves decreased by 56% to £160,000, trade debtors increased by 100% to £21,000, potentially indicating delayed customer payments. Bank borrowings, however, dropped significantly by 47% to £35,000, which is a positive sign. Creditors also decreased by 47% to £35,000, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Accumulated depreciation for plant machinery increased by 5.4% to £560,000, which is a normal trend as assets age. The lack of an auditor mentioned likely reflects its status as a small, exempt company.

Overall, Matic Media Services Ltd appears to be a stable, if somewhat cash-strapped, operation. The decrease in cash reserves and increase in trade debtors warrants monitoring, but the reduced debt and the company’s small size suggest it’s navigating the challenges of its industry effectively.

Registered in Scotland under the registration number SC281476, with a registered address at ML5 4XD, Scotland, Coatbridge, Lanarkshire, 9 Hagmill Road, Shawhead Industrial Estate.

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