MATTHEWS INTERNATIONAL TRANSPORT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-01 (in 5mo)
Last made up 2025-09-17
Watchouts
Cash
£1M
-3.5% lowest in 3 filed years
Net assets
£6M
-7.3% lowest in 3 filed years
Employees
143
-21% vs 2023
Profit before tax
-£285K
+51.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £17,939,376 | £16,155,922 | |
| Operating profit | — | — | — | -£427,355 | -£191,701 | |
| Profit before tax | — | — | — | -£592,004 | -£284,674 | |
| Net profit | — | £135,883 | — | -£531,568 | -£322,009 | |
| Cash | — | £1,556,635 | — | £1,351,545 | £1,303,996 | |
| Total assets less current liabilities | — | £9,035,080 | — | £8,133,459 | £6,627,742 | |
| Net assets | — | £6,475,435 | — | £6,123,050 | £5,678,850 | |
| Equity | £6,345,552 | £6,475,435 | £6,475,435 | £6,123,050 | £5,678,850 | |
| Average employees | — | 114 | — | 181 | 143 | |
| Wages | — | — | — | £5,690,491 | £4,923,448 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -2.4% | -1.2% | |
| Net margin | — | — | — | -3.0% | -2.0% | |
| Return on capital employed | — | — | — | -5.3% | -2.9% | |
| Current ratio | — | — | — | 1.53x | 1.44x | |
| Interest cover | — | — | — | -2.07x | -1.32x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BW Audit Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this, the Directors have concluded that they have a reasonable expectation that the group will continue for the foreseeable future, being at least twelve months from the date of signing these financial statements. They therefore believe it is appropriate to continue to prepare the financial statements on a going concern basis.”
Group structure
- MATTHEWS INTERNATIONAL TRANSPORT LIMITED · parent
- Safe Guard Spedition SRL 100%
Significant events
- “Going forward into 2025 the business has reinvested into area's of the fleet to expand our growing UK division, and we have entered into a pallet network providing a 1+ pallet solution servicing the UK and Europe. Now being able to provide options for every size load from 1 pallet to full loads we can provide a full service and expand our customer base which we were unable to engage with before, focusing on more direct work for local and UK Based businesses. We've also replaced the aging vehicles in the fleet costing money to maintain and looking at more fuel efficient vehicles, as well as specialised vehicles to deliver our pallet network commitments.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MATTHEWS, Trevor Arthur | Secretary | — | — | British |
| MATTHEWS, Jonathan | Director | 2014-05-01 | Apr 1988 | British |
| MATTHEWS, Linda | Director | — | Feb 1958 | British |
| MATTHEWS, Trevor Arthur | Director | — | Mar 1949 | British |
| WHARF, Rachael Jean | Director | 2019-01-21 | May 1990 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MATTHEWS, Arthur William John | Director | — | 1998-03-07 |
| MATTHEWS, Russell Glen | Director | — | 2023-12-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Matthews Logistics Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-07-29 | Active |
| Mr Trevor Arthur Matthews | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-07-29 |
Filing timeline
Last 20 of 133 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-13 | AA | accounts | Accounts with accounts type group | |
| 2025-10-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-08-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type group | |
| 2024-08-21 | CH01 | officers | Change person director company with change date | |
| 2024-04-17 | SH06 | capital | Capital cancellation shares | |
| 2024-04-17 | SH03 | capital | Capital return purchase own shares | |
| 2024-01-31 | SH06 | capital | Capital cancellation shares | |
| 2024-01-31 | SH03 | capital | Capital return purchase own shares | |
| 2024-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-20 | AA | accounts | Accounts with accounts type group | |
| 2023-10-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-11-15 | AA | accounts | Accounts with accounts type group | |
| 2022-10-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-04 | AA | accounts | Accounts with accounts type group | |
| 2021-09-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-19 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-9.9%
£17,939,376 £16,155,922
-
Cash
-3.5%
£1,351,545 £1,303,996
lowest in 3 filed years
-
Net assets
-7.3%
£6,123,050 £5,678,850
lowest in 3 filed years
-
Employees
-21%
181 143
-
Operating profit
+55.1%
-£427,355 -£191,701
-
Profit before tax
+51.9%
-£592,004 -£284,674
-
Wages
-13.5%
£5,690,491 £4,923,448
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers