Matrix Global Networks Limited
- Small
- Holding
- Active
- 20 years
- 42 employees
- £2,779,063 (assets)
- Real address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Matrix Global Networks Ltd, based in Milton Keynes, UK, is a small holding company with an active status, having been incorporated nineteen years ago in June 2005. The company employs 42 people and holds assets totaling £2,779,063. With four directors and one owner, it operates from a real address and regularly imports and exports electrical machinery and equipment – 484 months of imports and 293 months of exports recorded.
The company's website highlights its focus on fibre optic connectivity solutions, offering a range of products including preterms, patch cords, and MTPMPO assemblies. It also provides equipment for hire, including test and measurement tools, and specializes in UK-made MTP assemblies and high-density fibre management solutions. A key offering is the FSPLAF200 FastFibre splicer, alongside UK-made MTP assemblies and solutions for fibre optic enclosures. The website includes contact information for offices in Milton Keynes, Westbury, and Madrid.
Financially, Matrix Global Networks Ltd shows some concerning trends. While fixed assets decreased by 30%, the most significant change is the 73% drop in net assets, falling to £720,000. Cash reserves have also declined by 26%, now at £680,000. Bank borrowings, however, increased dramatically by 2,400%, reaching £29,000 – a sign that the company may be relying on external funding. Trade debtors increased by 890%, which could indicate issues with customer payments. Despite meeting two of three conditions to be a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the sharp decline in equity warrants further investigation. The company is exempt from an audit, so the figures are unaudited.
Overall, Matrix Global Networks Ltd appears to be navigating a period of financial pressure, despite its active trading and specialized product offerings. The reliance on increased borrowing and the decline in equity suggest a need for careful management to ensure long-term stability.
Registered in England/Wales under the registration number 05495766, with a registered address at MK1 1LG, England, Milton Keynes, 20 Clarke Road, Bletchley.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 1
-
Resident of United Kingdom
-
Individual
- 8 years
- 1
-
Resident of United Kingdom
-
Individual
- 9 years
- 5
-
Resident of United Kingdom
-
Individual
- 19 years
- 5
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
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Confirmation statement made on 2024-06-30 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2022-12-31Download 15 pages pdf report
Matrix Global Networks Limited controls
Owns & Controls
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Matrix Global Networks Limited
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