Topcaddy Ltd

Topcaddy Ltd from Glasgow UK: a small, active company founded 15 years ago, employs just one person and holds £201,095 in assets. It operates from a real address in Moodiesburn and is led by a single director and owner. The business runs an e-commerce site and enjoys a stellar 5.0 Google rating from 11 reviews. It's an irregular importer of electrical machinery and equipment, with just one month of imports recorded as of October 2021.

The company’s website focuses on retail sales via mail order and internet, showcasing a range of products. It’s a small operation, meeting two of three criteria for being classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The business is a irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on October 01, 2021.

Financially, Topcaddy Ltd presents a mixed picture. Cash bank on hand took a significant hit, plummeting 44% to -£23,000. Bank borrowings decreased by 18%, settling at £43,000, and current assets also dropped by 26% to £200,000. Creditors, however, saw a 18% decrease, suggesting improved debt management. The company's small size helps it remain flexible, but the decline in cash reserves is a concern. No auditor is mentioned, likely due to its small size and exemption from an audit.

The company’s director, Grindrod Leonard Edward, appears to be heavily involved, signing both financial statements and acting as the sole officer. The accounts are unaudited and prepared in accordance with FRS 102 Section 1A—Small Entities. While the e-commerce side appears to be thriving, the financial figures suggest the company is facing some challenges.

Registered in Scotland under the registration number SC363777, with a registered address at G69 0HT, Scotland, Glasgow, North Lanarkshire, 4 Kelso Gardens, Moodiesburn.

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