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Mattelle Net Limited

04638422

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

40 THE ELLIPSE QUAY WEST, BRIDPORT, DT6 4GZ
Incorporated 15/01/2003

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/01/2026

Due 29/01/2027

On track

Industry

13940
Manufacture of cordage, rope, twine and netting

Officers

Mr Matthew Clive Tiffin

secretary · Since 15/01/2003

NETMAKERS

BRITISH · UNITED KINGDOM · Age 64

Also on 1 other board

Michelle Tiffin

director · Since 15/01/2003

NETMAKERS

BRITISH · UNITED KINGDOM · Age 58

Mr Matthew Clive Tiffin

director · Since 13/01/2009

NETMAKERS

BRITISH · UNITED KINGDOM · Age 64

Also on 1 other board

Persons with Significant Control

Mr Matthew Tiffin

25–50% shares
25–50% votes

British · United Kingdom · Age 64

40, The Ellipse, Bridport, DT6 4GZ

Notified 06/04/2016

Michelle Tiffin

25–50% shares
25–50% votes

British · United Kingdom · Age 58

40, The Ellipse, Bridport, DT6 4GZ

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIIMITED

Created 30/04/2019Registered 07/05/2019
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 19/02/2019Registered 22/02/2019

CompanyRankvs 15+ SIC 13940 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.13× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£2.5M

Balance sheet strength

Cash

£567k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.2M

Current Liabilities

£524k

Fixed Assets

£856k

Debtors

£1.6M

33avg. employees-9

Balance Sheet

Bank loans & overdrafts£142k
Assets less current liabilities£2.5M
Signed by 04638422 2024-04-01 2025-03-31 04638422 2025-03-31 04638422 core:CurrentFinancialInstruments 2025-03-31 04638422 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20254.13+£5k
20244.04+£569k
20233.22+£737k
20224.52+£275k
20213.94-£112k
20204.49+£339k
20193.51

Derived from filed accounts. Not audited figures.