Mattresstek Ltd

Mattresstek Ltd, based in Blackburn, UK, is a small holding company with an active status. Founded eight years ago in 2017, the company employs 18 people and holds assets worth £954,184. It’s a real address, with four directors and one owner overseeing operations. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded, and a regular exporter of the same, with 16 months of export activity.

Mattresstek Ltd specializes in the manufacture of other special-purpose machinery, operating within the processing sector. Its website highlights a focus on British-made machinery, offering solutions for mattress making and foam processing, including tape edge, tufting, and conveyor systems. They even provide full factory automation services and offer a range of second-hand machines. The company’s website also details a commitment to innovation, quality, and reliability, aiming to remain specialists in the mattress industry. All machines are designed and built onsite in modern premises just outside Manchester.

Financially, Mattresstek Ltd shows a mixed picture. Cash bank on hand increased significantly by 77% to £620,000, which is a good sign. However, trade debtors decreased by a substantial 50% to £140,000, suggesting potential issues with customer payments. Creditors also increased by 14% to £740,000, and bank borrowings have increased. 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 flexibility, but the changes in debt levels warrant attention. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Mattresstek Ltd appears to be navigating a period of change. While its cash position is strong, the fluctuations in receivables and payables suggest a need for careful financial management.

Registered in England/Wales under the registration number 10651355, with a registered address at BB1 3AL, Blackburn, Lancashire, Unit 5a Frontier Park Frontier Avenue, Rishton.

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