Tops Healthcare Limited

Tops Healthcare Limited is a small, active company based in Newcastle, UK, founded seven years ago in 2018. With forty employees and a real registered address, it's a solo-founded operation led by a single director and owner. The company operates in the retail sale via mail order houses or via internet, and also engages in other human health activities.

The business’s website, Tops Healthcare, highlights a focus on health and wellness products, though it’s unclear if it's a full-fledged e-commerce site or primarily a catalog-based operation. It seems to offer a range of items, possibly including supplements, medical devices, and personal care products. The site's design is basic, suggesting a more traditional business model rather than a cutting-edge online retailer.

Financially, Tops Healthcare Limited presents a mixed picture. Cash bank on hand increased slightly to £120, but bank borrowings decreased by 34% to £2,200—a positive sign. Creditors decreased by 6% to £3,600, and other creditors increased by 110% to £1,100. However, retained earnings and accumulated losses declined by 8.4% to -£3,300, and net assets also decreased by 8.4% to -£3,300. 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 it to remain nimble, but the decline in equity is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures are based on unaudited statements.

Overall, Tops Healthcare Limited seems to be navigating a challenging environment. While it has reduced its debt and managed its creditors effectively, the decline in equity suggests potential pressures. The company’s future likely hinges on its ability to maintain sales and improve profitability, and perhaps to explore more modern e-commerce strategies.

Registered in England/Wales under the registration number 11278710, with a registered address at ST5 4LT, England, Newcastle, 17 Lidgate Walk.

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