Top Discounts Ltd

Top Discounts Ltd from London UK: a small, active company founded eight years ago, employs 26 people, and holds £2,527,034 in assets. It operates from a virtual address and is led by a solo founder who also serves as director and owner, boasting a perfect 5.0 Google rating from four reviews. The company regularly imports plastics and plastic products, with 66 months of import activity recorded.

The business, primarily a retail operation, specializes in the supply of building materials and supplies. Its website showcases a wide range of products, from aggregates and cement to fencing and tools, catering to both trade professionals and DIY enthusiasts. The site features detailed product descriptions, helpful advice articles, and promotional deals—all hallmarks of a modern online retailer. The website also has a section dedicated to the latest news and promotions, indicating an active marketing strategy.

Financially, Top Discounts Ltd presents a mixed picture. While cash reserves increased by 10% to £1,100,000, creditors remained steady at £2,400,000. Trade debtors, however, jumped significantly by 19%, reaching £880,000—a potential sign of delayed payments. Equity also saw a substantial increase, rising 160% to £81,000, which is good news. Tax payable has also increased by 160% to £17,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The absence of an auditor mentioned suggests exemption as a small company.

Overall, Top Discounts Ltd seems to be navigating a period of growth, but the increase in trade debtors warrants close monitoring. The company's online presence and broad product range position it well in the competitive building supplies market, and the increased equity is a positive sign for its long-term stability.

Registered in England/Wales under the registration number 10263591, with a registered address at WC2A 2JR, United Kingdom, London, 7 Bell Yard.

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