Topbond Plc

Topbond Plc from Sittingbourne UK is a large, active company founded 50 years ago, in 1975. The company, a holding company, employs 52 people and boasts assets of £5,326,284 and yearly revenue of £20,009,280. It has a real address, five directors, and one owner. Topbond is an irregular importer of optical and medical tools and devices, with two months of import activity recorded.

The company operates within the construction and marine industries, offering a range of specialist services. Its website details a broad spectrum of activities, from structural repair and refurbishment to footbridge design and build, marine construction, and even stone works. It’s clear that Topbond isn’t just an e-commerce business; it's a service-oriented company providing project management and specialized construction solutions. They have divisions for HTS (survey and testing), Intaspan (footbridge design), Broadmead (stone works), and Marine services.

Financially, Topbond shows some interesting trends. While cash and cash equivalents have surged by a remarkable 1700%, reaching £1,000,000, net assets have decreased by 9.1% to £3,500,000. Bank borrowings have decreased by 76%, to £31,000, and trade debtors have ballooned by 890%, which might indicate an increase in credit extended to customers or delays in payments. The company’s large size (meeting two of three criteria for being a large company) suggests it’s a significant player in its niche, but the decrease in net assets could be a cause for concern. Administrative expenses increased by 63%, which is something to keep an eye on. The company’s financial statements are unaudited, and Barnes Roffe LLP is the auditor.

Overall, Topbond Plc appears to be a well-established company navigating a complex market. The increase in cash is a positive sign, but the rise in trade debtors and decrease in net assets warrant further investigation. The company's diverse range of services and long history suggest a resilient business model, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 01204146, with a registered address at ME10 3EU, Sittingbourne, Kent, Oyster Quay, Castle Road.

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