Matrix Wiring Limited

Matrix Wiring Ltd, based in Dereham, UK, is a small, family-run business with an active status. Founded 19 years ago in 2006, it employs 15 people and maintains a real address. The company is led by three directors and owned by two individuals, holding a Google rating of 4.0 based on two reviews. It regularly imports optical and medical tools and devices, with the latest import operation made on November 01, 2024.

The company operates in the manufacture of other electronic and electric wires and cables. Its website, Matrix Wiring, showcases a range of wiring and cable solutions, but doesn't appear to be an e-commerce platform. Instead, it seems to be a brochure-style site providing information about the company and its services.

Financially, Matrix Wiring Ltd presents a mixed picture. While net assets increased by 41% to £170,000, cash reserves took a significant hit, falling 61% to £27,000. Bank borrowings were also reduced by 46%, and average number of employees decreased by 27% to 11. Creditors, however, decreased by 23%, suggesting better debt management. The company meets two of three conditions to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The increase in debtors by 84% could indicate a shift in payment terms or potentially delayed customer payments. The accounts are unaudited, being filed as filleted accounts, so the numbers are director-reported.

Registered in England/Wales under the registration number 05754646, with a registered address at NR19 1JG, Dereham, Norfolk, 4 Rashs Green.

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