Matt:e Ltd

Matt E Ltd, based in Lichfield, UK, is a small, active company founded 17 years ago. With 13 employees and £1,343,725 in assets, it operates from a virtual address and is led by three directors and two owners. The company regularly imports and exports electrical machinery and equipment—20 months of imports and 4 months of exports recorded.

The company’s website, matte.co.uk, focuses on electrical safety, specifically addressing the dangers of an “open PEN conductor.” It offers a range of products, including EV connection units with patented “OPEN” technology, designed to protect against electrical faults. The site highlights the company’s commitment to British manufacturing and offers installation manuals, specification sheets, and videos. It’s clear that Matt E Ltd caters to the growing market for electric vehicle charging infrastructure, positioning itself as a specialist in a niche area of electrical safety.

Financially, Matt E Ltd’s recent performance presents a mixed picture. While cash bank on hand decreased by 46% to £170,000, creditors decreased by 50% to £50,000—a positive sign. However, net assets plummeted 48% to £740,000, and current assets dropped by 26% to £1,300,000. Trade debtors increased by 48%, which could indicate a reliance on customer payments. The number of employees decreased by 15% to 11, which may be a reflection of operational efficiencies or a slowdown in demand. As a small company (meeting two of three conditions for size), it’s exempt from an audit, and the figures are unaudited.

Overall, Matt E Ltd seems to be navigating a period of change. While it’s maintaining its core business of importing and exporting electrical equipment, the financial data suggests a need for careful management of assets and debt.

Registered in England/Wales under the registration number 06330437, with a registered address at WS13 7FE, United Kingdom, Lichfield, Staffordshire, No1 Parkside Court, Greenhough Road.

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