Matthews Meats Limited

Matthews Meats Ltd from Rochdale, UK, is a small holding company with an active status, established four years ago. Employing 22 people and holding assets of £2,229,784, the company operates from a real address and is overseen by five directors and a single owner. It regularly imports meat and edible meat offal (7 months of imports, last in August 2024) and exports irregularly (2 months, last in November 2021).

The company’s website highlights Matthews Meats as a leading meat processing company, established over thirty years ago, supplying the ready meal, hospitality, and leisure industries. It processes and distributes an average of over 50 tons of beef, lamb, chicken, and offal products weekly, partnering with major brands like pie producers and ready meal manufacturers. The business offers a range of fresh and frozen meat and poultry, minced, sliced, and diced, to customer specifications, with a focus on hygiene and cold chain maintenance. It holds accreditations like Red Tractor certified standards, ensuring traceability and quality assurance.

Financially, Matthews Meats Ltd shows a mixed picture. Cash bank on hand has doubled to £1.1 million, a positive sign, but net losses deepened considerably. Creditors decreased significantly, suggesting improved debt management, but trade debtors also fell, which could be a concern. Fixed assets have decreased, and accumulated depreciation has increased, indicating aging equipment or increased wear and tear. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity raises questions. The company is exempt from an audit, so the financial data is unaudited. It’s interesting to note the increase in bank borrowings, which could be funding growth or covering operational costs.

Registered in England/Wales under the registration number 12938171, with a registered address at OL16 5QN, United Kingdom, Rochdale, Lancashire, Units 8 & 9 Lingard Industrial Estate, Wood Street.

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