How much does Matras Exporters Ltd make?

Matras Exporters Ltd reported revenue of £39.3m and £8.7m profit in the year to 31 Jan 2024, according to its accounts filed at Companies House.

How many employees does Matras Exporters Ltd have?

Matras Exporters Ltd reported an average of 33 employees in the year to 31 Jan 2024.

Is Matras Exporters Ltd profitable?

Yes — Matras Exporters Ltd reported a profit of £8.7m in the year to 31 Jan 2024.

Company No. 13117221 · Incorporated 6 Jan 2021

Matras Exporters Ltd

Registered name: MATRAS EXPORTERS LTD

Matras Exporters Ltd made £39.3m revenue and £8.7m profit in the year to 31 Jan 2024.

Matras Exporters Ltd’s revenue grew 936% to £39.3m in the year to 31 Jan 2024, with £8.7m profit and 33 employees. The company is classified under “non-specialised wholesale trade” and is based in Cardiff; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade SIC 96090Other service activities n.e.c.

Status: Liquidation
Location: Cardiff, Wales
Age: 5 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 31 Jan 2024

Key figures

IndependentSmall teamYoung and profitableOperating leverage

Revenue

£39.3m

Growth ▲935.5%

Profit

£8.7m

Growth ▲740%

Profit margin

22.1%

Gross 35.3%

Employees

Change ▲266.7%

Profit / employee

£262k

Revenue/employee £1.2m

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Jan 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.9m	£3.8m	£39.3m
Cost of sales	£1.6m	£2m	−£25.4m
Gross profit	£1.3m	£1.8m	£13.8m
Operating profit	£932k	£1.3m	£11.6m
Profit before tax	£932k	£1.3m	£11.5m
Profit after tax	£744k	£1m	£8.7m
Profit (best available)	£744k	£1m	£8.7m
Employees (average)	8	9	33
Ratios
Profit margin	25.6%	27.2%	22.1%
Gross margin	46.1%	47.1%	35.3%
Revenue per employee	£363k	£421k	£1.2m
Profit per employee	£93k	£115k	£262k
Growth (year on year)
Revenue growth	—	▲30.5%	▲935.5%
Profit growth	—	▲38.5%	▲740%
Headcount growth	—	▲12.5%	▲266.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£120k	£201k	—
Net assets	£744k	£1.8m	—
Fixed assets	£236k	£726k	—
Current assets	£799k	£1.4m	—
Debtors	£322k	£464k	—
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 22.1%; Profit ÷ revenue.
Gross margin: 35.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: £262k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: ▲267%; Now 33
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Jan 2024 (profit £8.7m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Updated from Companies House on 19 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.