MATRIX POWER LIMITED Financials
- Company number
- 07380939CopyCopy
- Registered office
- Rochester House Ackhurst Business Park, Foxhole Road, Chorley PR7 1NY
- Incorporated
- 20/09/2010
Company snapshot
- Status
- Active
- Employees
- 25 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
61.92%vs 20232023: £1.79M
Total Assets
97.36%vs 20232023: £2.83M
Cash in Bank
114.01%vs 20232023: £1.34M
Total Liabilities
158.58%vs 20232023: £1.04M
Employees
+2vs 20232023: 23
In 2024, MATRIX POWER LIMITED reported net assets of £2.90M. The same filing shows total assets of £5.58M, cash in bank of £2.86M and total liabilities of £2.68M. Reported headcount was 25 in 2024. Total Assets rose from £2.83M in 2023 to £5.58M in 2024 (97.36%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
61.92%from £1.79M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MATRIX POWER LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+90.3%vs 2022+38% a year compound (CAGR)
Cash in Bank
+590%vs 2022+163% a year compound (CAGR)
Total Assets
+128%vs 2022+51% a year compound (CAGR)
Total Liabilities
+190%vs 2022+70.3% a year compound (CAGR)
Employees
+8.7%vs 2022+2Biggest increase
Cash in Bank+590%
£414.89K in 2022 to £2.86M in 2024
Every indicator Okredo holds for MATRIX POWER LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MATRIX POWER LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 51.97%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 48.03%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 106.70%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 51.25%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MATRIX POWER LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.39M | 1.52M | 1.79M | 2.90M |
| Total Assets£ | 2.29M | 2.45M | 2.83M | 5.58M |
| Cash in Bank£ | 516.13K | 414.89K | 1.34M | 2.86M |
| Total Liabilities£ | 898.61K | 925.39K | 1.04M | 2.68M |
| Employees | 24 | 23 | 23 | 25 |
MATRIX POWER LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MATRIX POWER LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MATRIX POWER LIMITED reported net assets of £2.90M for 2024. That compares with £1.79M in 2023, a change of 61.92%.
MATRIX POWER LIMITED reported total assets of £5.58M for 2024. That compares with £2.83M in 2023, a change of 97.36%.
MATRIX POWER LIMITED reported cash in bank of £2.86M for 2024. That compares with £1.34M in 2023, a change of 114.01%.
MATRIX POWER LIMITED reported 25 employees in 2024, compared with 23 in 2023.
Between 2022 and 2024, MATRIX POWER LIMITED's net assets rose by 90.3%, cash in bank rose by 590%, total assets rose by 128% and total liabilities rose by 190%. Net assets compounded at 38% a year across the two years to 2024, from £1.52M to £2.90M. Reported headcount went from 23 in 2022 to 25 in 2024 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.