Matrix Catering Systems Ltd.

Matrix Catering Systems Ltd, based in Wickford, UK, is a small, active company established 31 years ago. With six employees and £267,995 in assets, it operates from a virtual address—a detail flagged by the presence of fifty other companies registered at the same location. The business is led by one director and owner, Pearce David, and is primarily involved in importing and exporting machinery, boilers, and mechanical appliances, including parts.

The company’s website highlights its focus on vending, catering, and dispensing equipment, manufacturing a range of ‘soluble’ machines and offering branded options with corporate identities. It also provides support services and guarantees reliability and stability in its products, constructed by hand and thoroughly checked. The website’s design suggests a traditional manufacturing business, emphasizing quality and customisation rather than cutting-edge technology.

Looking at the financials, Matrix Catering Systems Ltd shows a mixed picture. While fixed assets increased by 11%, current assets decreased by 21% to £270,000, and cash reserves fell by 21% to £32,000. Trade debtors decreased by 9%, which could indicate improved collection efforts. However, creditors also dropped significantly by 33%, which might be a result of delayed payments. The company’s equity increased by 22%, suggesting retained earnings are growing. The business is small, meeting two of three criteria for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). No auditor is mentioned, consistent with its status as a small, exempt company.

The company’s inventory decreased by 39%, which could be due to a slowdown in sales or a shift in purchasing strategies. Bank borrowings decreased by 39%, which is a positive sign. Overall, Matrix Catering Systems Ltd appears to be navigating a period of change, with a focus on managing costs and maintaining its reputation for quality products and support services.

Registered in England/Wales under the registration number 02919108, with a registered address at SS11 8YB, England, Wickford, Essex, Suite G7 Woodland Place, Hurricane Way.

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