Matted Retail Limited

Matted Retail Limited, based in Havant, UK, is a small, active company founded nine years ago in 2015. With just one employee and £131,433 in assets, it operates as an e-commerce site selling specialist floor matting solutions. The business has a real address and is overseen by one director and two owners, although the list of owners changed seven years ago.

The company’s website, matsdirect.co.uk, showcases a wide range of floor matting products, catering to industrial, retail, and corporate clients. They offer everything from entrance matting systems and logo mats to electrical safety and anti-fatigue solutions. The site highlights a 30-year history of supplying quality matting and emphasizes custom-made and off-the-shelf options. They even boast partnerships with well-known organizations like Bosch, Harvey Nichols, and BP, and have supplied mats for prestigious events like the Venice Simplon Orient Express train.

Financially, Matted Retail Limited presents a mixed picture. Cash reserves increased significantly by 130%, reaching £84,000, which is a positive sign. However, net assets also jumped by 140%, reaching £24,000, which could be due to increased liabilities. Bank borrowings decreased by 13%, to £39,000, and creditors rose by 31%, to £68,000. Trade debtors decreased slightly, to £16,000. The company’s small size—meeting two of three conditions to be classified as small—allows for flexibility, but the increase in creditors suggests a need for careful cash flow management. As a small company, it's exempt from an audit, so the financial statements are unaudited.

Overall, Matted Retail Limited seems to be navigating a period of change. While the company’s e-commerce presence is strong and it’s serving a diverse range of clients, the financial data indicates a need for careful monitoring and potentially some adjustments to ensure long-term stability.

Registered in England/Wales under the registration number 09620000, with a registered address at PO9 1QU, England, Havant, Hampshire, 50 North Street, Station House.

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