MULTIMATIC LTD

PaymentCheck Score 2020
49Poor
New Entry
#3836 in UK
#232 in Road Travel
#271 in East of England

Company Information

Company Number
03201056
Registered Address
C/O Birketts Llp Kingfisher House, 1 Gilders Way, Norwich, Norfolk, England, NR3 1UB
Status
Active
Employee Count
1,024
Turnover
£294,358,000
EBITDA
£15,509,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 May 1996
Nature of Business
29320 - Manufacture of other parts and accessories for motor vehicles
Industries
Road Travel
Region
East of England

Company Review

Trend Analysis

The trend for MULTIMATIC LTD. shows an increase in the average time to pay invoices from 45 days in 2018 to 60 days in 2020. However, there is a slight improvement in 2021 with the average time decreasing to 50 days.

Volatility Analysis

The volatility for MULTIMATIC LTD. is relatively stable, with only a small change in the average time to pay between periods. However, there is a significant increase in the percentage of invoices paid later than 60 days in 2020, which could indicate potential cash flow issues or delays in payment processing.

Performance Reports History

Reporting Period Filed: 2023-01-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202224 Jan 2023
01 Jan 2022 - 30 Jun 202224 Jan 2023
01 Jun 2021 - 22 Dec 202122 Dec 2021
01 Jan 2021 - 30 Jun 202126 Jan 2023
01 Jul 2020 - 31 Dec 202026 Mar 2021
01 Jan 2020 - 30 Jun 202017 Dec 20206020%75%5%5%
01 Jul 2019 - 31 Dec 201913 Jan 2020
01 Jan 2019 - 30 Jun 201901 Aug 2019
31 Dec 2017 - 29 Dec 201829 Jan 20194520%80%0%0%

Payment Time Trends

Payment Distribution Trends

Company Summary

Multimatic Ltd. is a leading global supplier of engineered components, systems and services to the automotive industry. The company was founded in 1984 and is headquartered in Coventry, United Kingdom.

The company's sustainability program is focused on reducing their environmental impact and promoting sustainable practices throughout their operations. They have implemented various initiatives such as energy efficiency measures, waste reduction, and sustainable sourcing of materials.

Multimatic Ltd. offers a wide range of products and services, including suspension systems, body structures, and powertrain components. They work with major automotive manufacturers to provide innovative solutions that improve vehicle performance, safety, and efficiency.

The company is led by a team of experienced professionals, including founder and CEO Peter Czapka, who has over 40 years of experience in the automotive industry.

To learn more about Multimatic Ltd. and their products and services, interested individuals can visit their website at www.multimatic.com. The company's registered office address is located at Unit 2, Spitfire Close, Coventry Business Park, Coventry, CV5 6SP, United Kingdom.

Financial Metrics

Cash
£8,116,217
Net Worth
£13,402,097
Total Current Assets
£124,316,129
Total Current Liabilities
£82,787,750

Company Location