MATRIX INTERNATIONAL LIMITED
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Next accounts due
2026-09-29 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-24 (in 3mo)
Last made up 2025-08-10
Watchouts
Cash
£2M
+94.9% highest in 4 filed years
Net assets
£5M
+24.3% vs 2023
Employees
59
-35.2% lowest in 4 filed years
Profit before tax
£1M
+35.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Following on from the decision in 2025 to cease trading through Matrix International Limited in the UK and transfer all distribution to a sister company, Twiflex Limited. Matrix International Limited is no longer a going concern. The financial statements have been prepared on a basis other than going concern. No adjustments were required as a result of adopting this basis.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £15,333,000 | £11,445,000 | |
| Operating profit | — | — | — | — | £892,000 | £1,189,000 | |
| Profit before tax | — | — | £1,797,000 | £2,860,000 | £907,000 | £1,229,000 | |
| Net profit | — | — | £1,383,000 | £2,587,000 | £666,000 | £1,001,000 | |
| Cash | — | — | £672,000 | £1,230,000 | £1,171,000 | £2,282,000 | |
| Total assets less current liabilities | — | — | £3,453,000 | £5,650,000 | £4,305,000 | £5,288,000 | |
| Net assets | — | — | £3,351,000 | £5,554,000 | £4,254,000 | £5,288,000 | |
| Equity | £4,020,000 | £3,471,000 | £3,351,000 | £5,554,000 | £4,254,000 | £5,288,000 | |
| Average employees | — | — | 85 | 90 | 91 | 59 | |
| Wages | — | — | — | £2,817,000 | £2,853,000 | £1,830,000 | |
| Directors' remuneration | — | — | — | — | £0 | £0 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-25.4%
£15,333,000 £11,445,000
-
Cash
+94.9%
£1,171,000 £2,282,000
highest in 4 filed years
-
Net assets
+24.3%
£4,254,000 £5,288,000
-
Employees
-35.2%
91 59
lowest in 4 filed years
-
Operating profit
+33.3%
£892,000 £1,189,000
-
Profit before tax
+35.5%
£907,000 £1,229,000
-
Wages
-35.9%
£2,853,000 £1,830,000
lowest in 3 filed years
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 5.8% | 10.4% | |
| Net margin | — | — | — | — | 4.3% | 8.7% | |
| Return on capital employed | — | — | — | — | 20.7% | 22.5% | |
| Current ratio | — | — | — | — | 2.50x | 3.46x | |
| Interest cover | — | — | — | — | 127.43x | — |
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.
Name history
Renamed 2 times since incorporation
- MATRIX INTERNATIONAL LIMITED 2006-02-13 → present
- MATRIX ENGINEERING LIMITED 1999-09-15 → 2006-02-13
- MATRIX INTERNATIONAL LIMITED 1998-12-23 → 1999-09-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Following on from the decision in 2025 to cease trading through Matrix International Limited in the UK and transfer all distribution to a sister company, Twiflex Limited. Matrix International Limited is no longer a going concern. The financial statements have been prepared on a basis other than going concern. No adjustments were required as a result of adopting this basis.”
Group structure
- MATRIX INTERNATIONAL LIMITED · parent
- Matrix International GmbH 100%
Significant events
- “In 2025, corporate (Regal Rexnord Corp.) made the decision to cease trading through Matrix International Limited and transfer all distribution to a sister company. The company ceased manufacturing in the week commencing 1st December 2025 and will raise their last trading invoice in December 2025. The vast majority of employees will work their last working day on 19th December 2025. A process to strike off the company will begin in 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOIZIDES, Marios | Secretary | 2022-12-20 | — | — |
| GREVING, Stefan | Director | 2023-05-12 | Jul 1973 | German |
| HIRSTLE, Matthew | Director | 2026-03-31 | Nov 1984 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALDREY, Philip Nigel | Secretary | 1998-12-23 | 2006-02-10 |
| LAWS, Richard Ian | Secretary | 2013-11-04 | 2020-06-03 |
| MALIK, Usman | Secretary | 2020-06-03 | 2022-08-01 |
| TURVEY, Penelope Ann | Secretary | 2006-02-10 | 2012-03-31 |
| VARGA, Graham | Secretary | 2012-03-31 | 2013-10-12 |
| BALDREY, Philip Nigel | Director | 1998-12-23 | 2006-02-10 |
| BURDETT, Roger Leonard | Director | 2001-03-13 | 2006-02-10 |
| CHRISTENSON, Carl Richard | Director | 2006-02-10 | 2018-12-12 |
| DEEGAN, Glenn | Director | 2018-12-11 | 2023-05-12 |
| JOHNSON, Joshua | Director | 2025-06-05 | 2026-03-13 |
| PATRIACCA, Todd | Director | 2018-12-11 | 2023-05-12 |
| RODGER, David Anthony Hugh | Director | 1998-12-23 | 2001-03-31 |
| STORCH, Christian | Director | 2007-12-12 | 2018-12-12 |
| STUEBE, Mark | Director | 2023-05-12 | 2025-03-01 |
| WALL, David Alan | Director | 2006-02-10 | 2007-12-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Altra Industrial Motion Uk Holding Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-03-27 | Ceased 2024-08-20 |
| Altra Industrial Motion Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-03-27 | Active |
| Altra Industrial Motion Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, right-to-appoint-and-remove-directors-as-firm | 2016-08-10 | Ceased 2024-08-16 |
Filing timeline
Last 20 of 103 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-18 | AA | accounts | Accounts with accounts type full | |
| 2025-08-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-09-03 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-08-20 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-20 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-12-21 | AA | accounts | Accounts with accounts type full | |
| 2023-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-16 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-16 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.