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Matrix Plastics Limited

02638035

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

141 EDINBURGH AVENUE, SLOUGH, SL1 4SS
Incorporated 15/08/1991

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 05/09/2025

Due 19/09/2026

On track

Industry

20160
Manufacture of plastics in primary forms

Officers

Mr Nigel Martin Batt

director · Since 15/08/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Christopher Arthur Richards

secretary · Since 27/02/2007

BRITISH · Age 60

Persons with Significant Control

Mr Nigel Martin Batt

50–75% shares

British · United Kingdom · Age 63

141 Edinburgh Avenue, Slough, SL1 4SS

Notified 06/04/2016

Mr Michael Batt

25–50% shares

British · United States · Age 71

141 Edinburgh Avenue, Slough, SL1 4SS

Notified 15/08/2016

Charges0 outstanding

charge
satisfied

TSB GROUP PENSION TRUST LIMITED

Created 23/04/1993Registered 28/04/1993Satisfied 26/08/1999
charge
satisfied

ALEX. LAWRIE RECEIVABLES FINANCING LIMITED

Created 30/03/1993Registered 03/04/1993Satisfied 26/11/1994
charge
satisfied

BARCLAYS BANK PLC

Created 27/08/1991Registered 04/09/1991Satisfied 02/12/2015

CompanyRankvs 10+ SIC 20160 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.39× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Polystar Plastics Limited
90
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90
3John Hellyar And Company Limited
89
4Abbey Masterbatch Limited
89
5Interfoam Limited
89
6Plascoat Systems Limited
87
7Linear Plastics Limited
87
8Notedome Limited
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9Stockmeier Urethanes Uk Limited
87
10Matrix Plastics Limited
87
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/09/2024

Net Worth

£3.8M

Balance sheet strength

Cash

£3.1M

Cash in the bank

Net Current Assets

£3.4M

Working capital

Current Assets

£4.8M

Current Liabilities

£1.4M

Fixed Assets

£443k

Debtors

£1.3M

42avg. employees

Tax at Year End

Corp tax£323k
VAT£100k

Balance Sheet

Assets less current liabilities£3.8M
Signed by Mr Nigel Batt 31st January 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.39-£403k£2.0M
20232.86-£643k£671k
20223.22+£918k£4.0M
20212.50—£4.7M

Derived from filed accounts. Not audited figures.