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Matrix Asset Holdings Limited

13032712

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

12 BEACON ROAD, WALSALL, WS5 3LF
Incorporated 19/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Akwal Singh

director · Since 19/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 17 other boards

Mr Prinder Hargun

director · Since 21/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 17 other boards

Mrs Neetu Hargun

secretary · Since 01/03/2021

Mrs Banita Sawhney

secretary · Since 01/03/2021

Persons with Significant Control

Mr Akwal Singh

Significant control

British · United Kingdom · Age 46

12 Beacon Road, Walsall, WS5 3LF

Notified 19/11/2020

Mr Prinder Hargun

Significant control

British · United Kingdom · Age 55

27, Brookhouse Road, Walsall, WS5 3AE

Notified 12/02/2021

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 01/02/2021Registered 11/02/2021

CompanyRankvs 3371+ SIC 47730 peers
38

Financial strength96th percentile among SIC peers · 24/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity6 years trading (max 15) · 6/15
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.

Employees1/15 pts

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

Liquidity2/20 pts

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

Longevity6/15 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

£2.0M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£368k

Working capital

Current Assets

£2k

Current Liabilities

£370k

Debtors

£1

Profit After Tax

£136k

0avg. employees

Tax at Year End

Dividends paid£136k

Balance Sheet

Bank loans & overdrafts£101k
Assets less current liabilities£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20240.03+£0
20230.09-£30k
20220.39

Derived from filed accounts. Not audited figures.