topbond plc
topbond plc Company Information
Company Number
01204146
Next Accounts
Sep 2025
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Shareholders
topbond holdings ltd
Group Structure
View All
Contact
Registered Address
oyster quay, castle road, sittingbourne, kent, ME10 3EU
Website
www.topbond.co.uktopbond plc Estimated Valuation
Pomanda estimates the enterprise value of TOPBOND PLC at £13.2m based on a Turnover of £20m and 0.66x industry multiple (adjusted for size and gross margin).
topbond plc Estimated Valuation
Pomanda estimates the enterprise value of TOPBOND PLC at £5.4m based on an EBITDA of £831.2k and a 6.52x industry multiple (adjusted for size and gross margin).
topbond plc Estimated Valuation
Pomanda estimates the enterprise value of TOPBOND PLC at £5.8m based on Net Assets of £2.7m and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Topbond Plc Overview
Topbond Plc is a live company located in sittingbourne, ME10 3EU with a Companies House number of 01204146. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in March 1975, it's largest shareholder is topbond holdings ltd with a 100% stake. Topbond Plc is a mature, large sized company, Pomanda has estimated its turnover at £20m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Topbond Plc Health Check
Pomanda's financial health check has awarded Topbond Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £20m, make it larger than the average company (£6.8m)
£20m - Topbond Plc
£6.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (10.2%)
25% - Topbond Plc
10.2% - Industry AVG
Production
with a gross margin of 27.6%, this company has a comparable cost of product (24.8%)
27.6% - Topbond Plc
24.8% - Industry AVG
Profitability
an operating margin of 3.1% make it less profitable than the average company (6.4%)
3.1% - Topbond Plc
6.4% - Industry AVG
Employees
with 53 employees, this is above the industry average (33)
53 - Topbond Plc
33 - Industry AVG
Pay Structure
on an average salary of £76.7k, the company has a higher pay structure (£48.6k)
£76.7k - Topbond Plc
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £377.5k, this is more efficient (£192.3k)
£377.5k - Topbond Plc
£192.3k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is near the average (54 days)
61 days - Topbond Plc
54 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (36 days)
63 days - Topbond Plc
36 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (11 days)
2 days - Topbond Plc
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (20 weeks)
15 weeks - Topbond Plc
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.3%, this is a similar level of debt than the average (61%)
61.3% - Topbond Plc
61% - Industry AVG
TOPBOND PLC financials
Topbond Plc's latest turnover from March 2024 is £20 million and the company has net assets of £2.7 million. According to their latest financial statements, Topbond Plc has 53 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,009,280 | 11,957,548 | 10,280,413 | 10,661,176 | 10,372,997 | 12,991,699 | 11,006,326 | 7,376,747 | 9,730,167 | 5,462,973 | 5,922,544 | 6,076,415 | 5,016,395 | 3,707,379 | 4,781,278 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 14,492,566 | 8,626,913 | 7,086,488 | 7,918,241 | 7,649,112 | 8,338,075 | 7,639,429 | 4,650,702 | 6,872,764 | 3,251,116 | 3,741,151 | 4,207,885 | 3,691,408 | 2,222,933 | 2,925,998 |
| Gross Profit | 5,516,714 | 3,330,635 | 3,193,925 | 2,742,935 | 2,723,885 | 4,653,624 | 3,366,897 | 2,726,045 | 2,857,403 | 2,211,857 | 2,181,393 | 1,868,530 | 1,324,987 | 1,484,446 | 1,855,280 |
| Admin Expenses | 4,898,269 | 2,910,395 | 2,813,502 | 2,100,368 | 3,533,822 | 3,254,265 | 2,789,348 | 2,436,445 | 2,330,714 | 1,705,443 | 1,768,902 | 1,438,186 | 1,304,300 | 1,472,324 | 1,727,345 |
| Operating Profit | 618,445 | 420,240 | 380,423 | 642,567 | -809,937 | 1,399,359 | 577,549 | 289,600 | 526,689 | 506,414 | 412,491 | 430,344 | 20,687 | 12,122 | 127,935 |
| Interest Payable | 81,286 | 60,846 | 51,566 | 65,685 | 64,102 | 51,173 | 48,676 | 48,484 | 41,983 | 9,206 | 1,395 | 4,167 | 1,227 | 1,532 | 2,298 |
| Interest Receivable | 368 | 42 | 53 | 1,143 | 1,266 | 870 | 222 | 267 | 392 | 556 | 638 | 256 | 910 | 58 | 545 |
| Pre-Tax Profit | 537,527 | 359,436 | 328,910 | 578,025 | -872,773 | 1,349,056 | 529,095 | 241,383 | 485,098 | 497,764 | 411,734 | 426,433 | 20,370 | 10,648 | 126,182 |
| Tax | -105,112 | -162,523 | 5,084 | -143,456 | 155,122 | -160,673 | -98,422 | -59,191 | -104,829 | -91,356 | -90,529 | -106,313 | -1,312 | 368 | -28,850 |
| Profit After Tax | 432,415 | 196,913 | 333,994 | 434,569 | -717,651 | 1,188,383 | 430,673 | 182,192 | 380,269 | 406,408 | 321,205 | 320,120 | 19,058 | 11,016 | 97,332 |
| Dividends Paid | 72,000 | 72,000 | 72,000 | 72,000 | 0 | 172,000 | 172,000 | 169,710 | 375,420 | 245,420 | 245,420 | 246,565 | 0 | 0 | 75,000 |
| Retained Profit | 360,415 | 124,913 | 261,994 | 362,569 | -717,651 | 1,016,383 | 258,673 | 12,482 | 4,849 | 160,988 | 75,785 | 73,555 | 19,058 | 11,016 | 22,332 |
| Employee Costs | 4,063,278 | 2,454,144 | 2,281,031 | 2,442,307 | 3,110,721 | 2,692,934 | 2,220,080 | 2,193,539 | 1,804,123 | 1,317,483 | 1,466,129 | 1,176,182 | 1,385,191 | 1,499,573 | 1,715,095 |
| Number Of Employees | 53 | 52 | 51 | 62 | 72 | 66 | 58 | 59 | 49 | 41 | 39 | 34 | 38 | 43 | 48 |
| EBITDA* | 831,155 | 649,247 | 609,494 | 909,778 | -398,794 | 1,736,080 | 907,598 | 515,374 | 758,526 | 633,021 | 452,100 | 464,366 | 50,486 | 49,417 | 166,699 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,521,924 | 2,107,143 | 2,333,917 | 2,554,815 | 3,052,103 | 2,563,362 | 2,762,004 | 2,592,741 | 2,332,717 | 1,096,607 | 332,142 | 187,767 | 137,572 | 162,609 | 189,092 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 261 | 1,132 | 2,404 | 4,784 | 10,100 | 15,416 | 23,633 |
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,044 | 227,362 | 201,680 | 149,892 |
| Total Fixed Assets | 1,522,024 | 2,107,243 | 2,334,017 | 2,554,915 | 3,052,203 | 2,563,462 | 2,762,104 | 2,592,841 | 2,333,078 | 1,097,839 | 334,646 | 193,695 | 375,134 | 379,805 | 362,717 |
| Stock & work in progress | 93,595 | 80,983 | 29,276 | 71,625 | 24,009 | 53,034 | 50,664 | 23,356 | 54,964 | 21,257 | 8,756 | 77,093 | 44,482 | 103,671 | 151,082 |
| Trade Debtors | 3,382,196 | 3,231,879 | 3,136,843 | 2,206,820 | 2,290,046 | 1,751,533 | 2,167,884 | 1,239,848 | 2,784,148 | 1,101,611 | 1,694,209 | 877,897 | 868,420 | 666,730 | 654,676 |
| Group Debtors | 527,188 | 354,643 | 146,499 | 278,736 | 177,247 | 0 | 0 | 145,291 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 311,273 | 68,541 | 21,425 | 35,205 | 204,927 | 1,343,359 | 31,125 | 78,963 | 34,262 | 20,999 | 1,750 | 57,321 | 0 | 15,075 | 33,371 |
| Cash | 1,012,032 | 54,917 | 700,999 | 1,108,289 | 870,380 | 1,883,287 | 190,854 | 590,704 | 48,042 | 857,098 | 505,446 | 699,649 | 285,975 | 96,873 | 122,934 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,326,284 | 3,790,963 | 4,035,042 | 3,700,675 | 3,566,609 | 5,031,213 | 2,440,527 | 2,078,162 | 2,921,416 | 2,000,965 | 2,210,161 | 1,711,960 | 1,198,877 | 882,349 | 962,063 |
| total assets | 6,848,308 | 5,898,206 | 6,369,059 | 6,255,590 | 6,618,812 | 7,594,675 | 5,202,631 | 4,671,003 | 5,254,494 | 3,098,804 | 2,544,807 | 1,905,655 | 1,574,011 | 1,262,154 | 1,324,780 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,791 | 40,000 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 157,926 | 278,274 | 272,490 | 266,740 | 262,866 | 192,900 | 190,700 | 158,796 | 157,839 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,512,000 | 1,539,553 | 1,613,795 | 1,272,524 | 1,683,602 | 2,347,305 | 1,155,695 | 1,052,622 | 1,422,582 | 681,915 | 893,983 | 756,171 | 717,176 | 410,081 | 439,291 |
| Group/Directors Accounts | 2,261 | 0 | 0 | 2,356 | 878 | 103,242 | 71,789 | 0 | 256,859 | 137,806 | 822 | 0 | 100 | 100 | 7,246 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 96,939 | 7,518 | 8,924 | 25,420 | 99,495 | 102,206 | 91,644 | 122,852 | 96,456 | 91,384 | 31,489 | 5,678 | 0 | 0 | 0 |
| other current liabilities | 602,398 | 246,822 | 546,234 | 681,637 | 825,929 | 953,716 | 530,427 | 467,819 | 514,382 | 296,942 | 359,685 | 357,065 | 158,072 | 158,460 | 183,225 |
| total current liabilities | 3,371,524 | 2,072,167 | 2,441,443 | 2,248,677 | 2,872,770 | 3,699,369 | 2,040,255 | 1,802,089 | 2,475,909 | 1,248,047 | 1,285,979 | 1,118,914 | 875,348 | 568,641 | 629,762 |
| loans | 151,387 | 1,033,573 | 1,334,349 | 1,625,854 | 1,810,106 | 1,113,753 | 1,306,654 | 1,144,873 | 1,303,668 | 350,000 | 156,247 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 296,983 | 2,333 | 9,852 | 16,991 | 38,831 | 122,070 | 168,975 | 253,689 | 37,284 | 133,740 | 75,161 | 8,476 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 39,062 | 78,124 | 117,186 | 156,247 | 211,660 | 234,370 | 273,432 | 156,247 | 12,589 | 20,927 | 30,167 | 39,090 |
| provisions | 377,349 | 499,483 | 417,678 | 421,263 | 277,807 | 283,472 | 288,058 | 274,923 | 231,976 | 127,147 | 65,723 | 36,011 | 21,626 | 26,294 | 29,892 |
| total long term liabilities | 825,719 | 1,535,389 | 1,761,879 | 2,103,170 | 2,204,868 | 1,636,481 | 1,919,934 | 1,885,145 | 1,807,298 | 884,319 | 453,378 | 57,076 | 42,553 | 56,461 | 68,982 |
| total liabilities | 4,197,243 | 3,607,556 | 4,203,322 | 4,351,847 | 5,077,638 | 5,335,850 | 3,960,189 | 3,687,234 | 4,283,207 | 2,132,366 | 1,739,357 | 1,175,990 | 917,901 | 625,102 | 698,744 |
| net assets | 2,651,065 | 2,290,650 | 2,165,737 | 1,903,743 | 1,541,174 | 2,258,825 | 1,242,442 | 983,769 | 971,287 | 966,438 | 805,450 | 729,665 | 656,110 | 637,052 | 626,036 |
| total shareholders funds | 2,651,065 | 2,290,650 | 2,165,737 | 1,903,743 | 1,541,174 | 2,258,825 | 1,242,442 | 983,769 | 971,287 | 966,438 | 805,450 | 729,665 | 656,110 | 637,052 | 626,036 |
| Mar 2024 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 618,445 | 420,240 | 380,423 | 642,567 | -809,937 | 1,399,359 | 577,549 | 289,600 | 526,689 | 506,414 | 412,491 | 430,344 | 20,687 | 12,122 | 127,935 |
| Depreciation | 212,710 | 229,007 | 229,071 | 267,211 | 411,143 | 336,721 | 330,049 | 225,513 | 230,966 | 125,335 | 37,229 | 28,706 | 24,483 | 29,078 | 30,547 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 261 | 871 | 1,272 | 2,380 | 5,316 | 5,316 | 8,217 | 8,217 |
| Tax | -105,112 | -162,523 | 5,084 | -143,456 | 155,122 | -160,673 | -98,422 | -59,191 | -104,829 | -91,356 | -90,529 | -106,313 | -1,312 | 368 | -28,850 |
| Stock | 93,595 | 51,707 | -42,349 | 47,616 | -29,025 | 2,370 | 27,308 | -31,608 | 33,707 | 12,501 | -68,337 | 32,611 | -59,189 | -47,411 | 151,082 |
| Debtors | 4,220,657 | 350,296 | 784,006 | -151,459 | -422,672 | 895,883 | 734,907 | -1,354,308 | 1,695,800 | -573,349 | 759,697 | -159,520 | 212,297 | 45,546 | 837,939 |
| Creditors | 2,512,000 | -74,242 | 341,271 | -411,078 | -663,703 | 1,191,610 | 103,073 | -369,960 | 740,667 | -212,068 | 137,812 | 38,995 | 307,095 | -29,210 | 439,291 |
| Accruals and Deferred Income | 602,398 | -299,412 | -135,403 | -144,292 | -127,787 | 423,289 | 62,608 | -46,563 | 217,440 | -62,743 | 2,620 | 198,993 | -388 | -24,765 | 183,225 |
| Deferred Taxes & Provisions | 377,349 | 81,805 | -3,585 | 143,456 | -5,665 | -4,586 | 13,135 | 42,947 | 104,829 | 61,424 | 29,712 | 14,385 | -4,668 | -3,598 | 29,892 |
| Cash flow from operations | -96,462 | -207,128 | 75,204 | 458,251 | -589,130 | 2,287,467 | 225,777 | 1,468,523 | -12,874 | 889,126 | -159,645 | 737,335 | 198,105 | -5,923 | -198,764 |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | -138,079 | -499,312 | -491,204 | -1,467,076 | -711,945 | -71,693 | -56,651 | -3,567 | -2,595 | -40,625 | |||
| Change in Investments | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 |
| cash flow from investments | 0 | 0 | -138,079 | -499,312 | -491,204 | -1,467,076 | -711,945 | -71,693 | -56,651 | -3,567 | -2,595 | -40,725 | |||
| Financing Activities | |||||||||||||||
| Bank loans | 157,926 | 5,784 | 5,750 | 3,874 | 69,966 | 2,200 | 31,904 | 957 | 157,839 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,261 | 0 | -2,356 | 1,478 | -102,364 | 31,453 | 71,789 | -256,859 | 119,053 | 136,984 | 822 | -100 | 0 | -7,146 | 7,246 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 151,387 | -300,776 | -291,505 | -184,252 | 696,353 | -192,901 | 161,781 | -158,795 | 953,668 | 193,753 | 156,247 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 393,922 | -8,925 | -23,635 | -95,915 | -85,950 | -36,343 | -115,922 | 242,801 | -91,384 | 118,474 | 92,496 | 14,154 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -39,062 | -39,062 | -39,062 | -39,061 | -55,413 | -22,710 | -39,062 | 117,185 | 143,658 | -8,338 | -9,240 | -8,923 | 39,090 |
| share issue | |||||||||||||||
| interest | -80,918 | -60,804 | -51,513 | -64,542 | -62,836 | -50,303 | -48,454 | -48,217 | -41,591 | -8,650 | -757 | -3,911 | -317 | -1,474 | -1,753 |
| cash flow from financing | 2,915,228 | -364,721 | -402,321 | -378,419 | 476,107 | -284,955 | 45,685 | -242,823 | 1,058,523 | 557,746 | 392,466 | 1,805 | -9,557 | -17,543 | 648,287 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,012,032 | -646,082 | -407,290 | 237,909 | -1,012,907 | 1,692,433 | -399,850 | 542,662 | -809,056 | 351,652 | -194,203 | 413,674 | 189,102 | -26,061 | 122,934 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27,791 | -12,209 | 40,000 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,012,032 | -646,082 | -407,290 | 237,909 | -1,012,907 | 1,692,433 | -399,850 | 570,453 | -796,847 | 311,652 | -194,203 | 413,674 | 189,102 | -26,061 | 122,934 |
topbond plc Credit Report and Business Information
Topbond Plc Competitor Analysis
Perform a competitor analysis for topbond plc by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in ME10 area or any other competitors across 12 key performance metrics.
topbond plc Ownership
TOPBOND PLC group structure
Topbond Plc has 1 subsidiary company.
Ultimate parent company
1 parent
TOPBOND PLC
01204146
1 subsidiary
topbond plc directors
Topbond Plc currently has 4 directors. The longest serving directors include Mr Glenn Springett (Jun 1991) and Mr Mark Springett (Jul 1995).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Glenn Springett | England | 67 years | Jun 1991 | - | Director |
| Mr Mark Springett | United Kingdom | 61 years | Jul 1995 | - | Director |
| Mr Sean Springett | United Kingdom | 57 years | Jul 1995 | - | Director |
| Mr Christopher Manning | 44 years | Jan 2018 | - | Director |
P&L
March 2024turnover
20m
0%
operating profit
618.4k
0%
gross margin
27.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.7m
0%
total assets
6.8m
0%
cash
1m
0%
net assets
Total assets minus all liabilities
topbond plc company details
company number
01204146
Type
Public limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
March 1975
age
49
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BARNES ROFFE LLP
address
oyster quay, castle road, sittingbourne, kent, ME10 3EU
Bank
HSBC BANK PLC
Legal Advisor
-
topbond plc Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to topbond plc. Currently there are 5 open charges and 2 have been satisfied in the past.
topbond plc Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for TOPBOND PLC. This can take several minutes, an email will notify you when this has completed.
topbond plc Companies House Filings - See Documents
| date | description | view/download |
|---|
