Matu Textile Ltd

Matu Textile Ltd is a small, active company based in Leicester, UK, founded four years ago. It's a solo venture, managed by a single director and owner, with just one employee and £4,599 in assets. The company operates in several industries, including the manufacture of household textiles, wholesale and retail of textiles, and even management consultancy.

The company’s website showcases a focus on healthcare products, specifically medical and surgical supplies. It’s primarily an e-commerce business, offering a wide range of items like latex gloves, infusion sets, syringes, and even biohazard bags. The site highlights a partnership with Matu International Pvt Ltd, a leading manufacturer and exporter of medical products, and emphasizes quality, affordability, and customer satisfaction. The website also stresses teamwork, loyalty, and integrity as core values.

Financially, Matu Textile Ltd presents a mixed picture. Current assets have fallen by a significant 35% to £4,600, while net assets have plummeted 240% to -£2,300. Cash reserves have also declined considerably, falling 49% to £4,600. Debtors have vanished entirely, a large decrease, while creditors have increased by 28% to £6,900. Loans from directors have risen 30% to £4,700. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the negative equity is concerning. The accounts are unaudited and prepared by Farshan & Co, and are described as “filleted accounts.”

It's clear that Matu Textile Ltd is facing financial challenges, possibly typical for a young company. The focus on healthcare products and the partnership with Matu International suggest a potential for growth, but the company will need to address its negative equity to ensure long-term sustainability.

Registered in England/Wales under the registration number 13164694, with a registered address at LE2 4RU, England, Leicester, 7 Sunnyside, Oadby.

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