Top Cloud Logistics Ltd

Top Cloud Logistics Ltd, based in Birmingham, UK, is a small holding company with an active status. Founded four years ago in November 2020, the company employs 36 people and holds £2,106,070 in assets. It operates from a real address and is managed by one director and one owner, boasting a respectable Google rating of 4.0 based on 19 reviews. The company is a regular importer, specializing in electrical machinery and equipment, with its most recent import activity occurring in March 2024.

The company’s website is currently unavailable, making it difficult to assess its online presence and specific services beyond its import activities. However, it is known that Top Cloud Logistics Ltd operates in warehousing and storage facilities for land transport activities.

Financially, Top Cloud Logistics Ltd presents a mixed picture. While current assets increased by 55% to £2,100,000, net assets took a significant hit, plummeting 110% to -£39,000. Bank borrowings surged by a staggering 2,400%, reaching £29,000, while cash reserves fell 68% to just £35,000. Creditors, however, decreased by 140%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity raises concerns. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s net current assets also took a hit, decreasing by 160% to -£220,000. The increase in trade debtors by 66% could indicate expanding credit terms, but also potential payment delays. Despite these challenges, the company's continued import activity and positive Google rating suggest it is striving to maintain its operations, though the long-term sustainability remains uncertain.

Registered in England/Wales under the registration number 13046978, with a registered address at B6 7AY, Birmingham, West Midlands, Unit 12 Holford Industrial Estate, Tameside Drive.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.