MATRIX POLYMERS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-19 (in 2mo)
Last made up 2025-07-05
Watchouts
None on the register
Cash
£327K
+251.6% vs 2023
Net assets
£3M
-39% vs 2023
Employees
119
-8.5% vs 2023
Profit before tax
-£1M
-246.1% vs 2023
Name history
Renamed 1 time since incorporation
- MATRIX POLYMERS LIMITED 1992-01-28 → present
- BRONTIME LIMITED 1991-07-05 → 1992-01-28
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £52,942,000 | £40,281,000 | |
| Operating profit | £1,287,000 | -£849,000 | |
| Profit before tax | £861,000 | -£1,258,000 | |
| Net profit | £714,000 | -£1,341,000 | |
| Cash | £93,000 | £327,000 | |
| Total assets less current liabilities | £6,513,000 | £4,119,000 | |
| Net assets | £5,509,000 | £3,360,000 | |
| Equity | £5,509,000 | £3,360,000 | |
| Average employees | 130 | 119 | |
| Wages | £3,579,000 | £3,607,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.4% | -2.1% | |
| Net margin | 1.3% | -3.3% | |
| Return on capital employed | 19.8% | -20.6% | |
| Gearing (liabilities / total assets) | 72.3% | 80.6% | |
| Current ratio | 1.14x | 1.01x | |
| Interest cover | 2.83x | -1.78x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- MHA Audit Services LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors consider the Group has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- MATRIX POLYMERS LIMITED · parent
- Matrix Polymers Polska Sp Z.O.O. 100%
Significant events
- “Revenue has decreased from £52.9m to £40.3m, gross profit decreased from £6.8m to £4.1m. Sales revenue decreased by £12.6m (24%) due to lower raw material pricing and challenging market conditions.”
- “Net assets decreased from £5.5m to £3.4m (39%).”
- “Loss before tax for the year was £1.258m, a decrease of £2.1m (246%) compared to 2023.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHAROENPITAKS, Vattanaroj | Director | 2025-08-01 | Oct 1971 | Thai |
| COLES, Martin Langley | Director | — | Apr 1964 | British |
| LOHATEERAPAP, Pratit | Director | 2022-08-15 | Jan 1969 | Thai |
| QUARATINO, Cataldo | Director | 2010-09-07 | Nov 1970 | Italian |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HENWOOD, Nicholas Grose | Secretary | — | 2004-07-01 |
| ROBERTS, Jennifer Anne | Secretary | 2004-07-01 | 2008-02-18 |
| WALLINGTON, Simon Joseph | Secretary | 2008-07-01 | 2019-11-05 |
| BROWN, Geoffrey Michael Irwin | Director | 2004-07-27 | 2007-09-30 |
| CRADDUCK, Russell Bryan Richard | Director | 2012-02-01 | 2014-06-04 |
| GROVES, Stephen | Director | 2008-02-20 | 2011-09-30 |
| HAYDEN, Brian Ernest | Director | 2004-05-01 | 2008-08-15 |
| HENWOOD, Nicholas Grose | Director | 1953-03-12 | 2006-07-21 |
| HOHENBUHEL, Johannes, Dr | Director | 2006-07-21 | 2018-04-25 |
| HUGHES, Nigel Eric | Director | 2023-08-01 | 2024-11-29 |
| MORGAN, Mark | Director | 2016-02-01 | 2019-11-28 |
| PHITUKPONG, Anupong | Director | 2021-02-01 | 2022-08-15 |
| PRESTIGIOVANNI, Giuseppe | Director | 2016-05-09 | 2017-06-15 |
| ROBERTS, Jennifer Anne | Director | 1999-07-01 | 2008-02-18 |
| SANDS, Paul | Director | 2009-01-01 | 2012-12-31 |
| SIMPSON, Raymond John | Director | 1999-07-01 | 2006-10-31 |
| SIRICHAI, Issariya | Director | 2021-02-01 | 2025-08-01 |
| WALLINGTON, Simon Joseph | Director | 2009-07-28 | 2022-12-22 |
| ZLATTINGER, Andre Peter Martin | Director | 2013-06-01 | 2016-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dr Johannes Hohenbuhel | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-04-25 |
| Mr Martin Langley Coles | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 187 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-20 | CH01 | officers | Change person director company with change date | |
| 2025-10-17 | CH01 | officers | Change person director company with change date | |
| 2025-10-07 | AA | accounts | Accounts with accounts type group | |
| 2025-10-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-20 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-06 | CH01 | officers | Change person director company with change date | |
| 2024-08-18 | AA | accounts | Accounts with accounts type group | |
| 2024-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
-23.9%
£52,942,000 £40,281,000
-
Cash
+251.6%
£93,000 £327,000
-
Net assets
-39%
£5,509,000 £3,360,000
-
Employees
-8.5%
130 119
-
Operating profit
-166%
£1,287,000 -£849,000
-
Profit before tax
-246.1%
£861,000 -£1,258,000
-
Wages
+0.8%
£3,579,000 £3,607,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers