Matrix B Ltd

Matrix B Ltd is a small, active company based in Birmingham, UK, founded twenty-one years ago in 2003. With £611,896 in assets and a real registered address, it employs just three people and is overseen by three directors and one owner. The company operates in the recovery of sorted materials, wholesale of waste and scrap, and construction of commercial buildings industries. It’s an irregular importer, with its top import category being Wood and Wood Products, totaling 2 months of imports, the last operation conducted on July 01, 2024.

The company’s website, matrixcreative.co.uk, showcases its work as a specialist creative production agency. They create quality assets for use across various channels, working with brands like Strathberry, Network Rail, The Open University, Barbour, and NPower. The site highlights case studies, client testimonials, and a culture-focused section, emphasizing its team and values. It also includes a modern slavery statement and a privacy policy, demonstrating a commitment to ethical practices. The site has a new biz contact, a find us location, and links to social media platforms like LinkedIn, Instagram, Facebook, Pinterest, YouTube, and RSS.

Financially, Matrix B Ltd’s numbers present a mixed picture. Current assets have decreased by 14% to £610,000, while net assets have fallen 19% to -£71,000. Cash bank on hand has plummeted 55% to £78,000. Trade debtors have increased by 14% to £530,000, while trade creditors have surged 170% to £63,000. Other creditors have decreased by 21% to £580,000. 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 decline in equity suggests it’s burning through money. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The deferred tax policy is recognised in respect of all timing differences.

In short, Matrix B Ltd is facing some financial pressures despite its strong creative work. The company’s ability to maintain its client base and manage its expenses will be key to its long-term success.

Registered in England/Wales under the registration number 04859462, with a registered address at N4 3LJ, England, London, 27 Birnam Road.

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