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Topsmiths Limited

13955927

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

6 KINGSLAND TRADING ESTATE, BRISTOL, BS2 0JZ
Incorporated 04/03/2022

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/03/2026

Due 18/03/2027

On track

Industry

64209
Activities of other holding companies

Officers

Mr Christopher Ormrod

director · Since 04/03/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 4 other boards

Mr Scott Ashley John Trent

director · Since 22/03/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Mr Alexandre Emmanuel Benoit Vigneron

director · Since 30/01/2024

CEO OF GROUPE BONCOLAC

FRENCH · FRANCE · Age 39

Persons with Significant Control

Former PSCs

Mr Chris Ormrod

Ceased 22/03/2022

Ldc Xi Lp (Acting By Ldc (Managers) Limited)

Ceased 30/01/2024

Boncolac

Ceased 21/10/2025

Charges0 outstanding

Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 05/04/2022Registered 06/04/2022Satisfied 08/12/2023
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 05/04/2022Registered 06/04/2022Satisfied 11/12/2023
Charge
satisfied

LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 22/03/2022Registered 30/03/2022Satisfied 06/02/2024

CompanyRankvs 105080+ SIC 64209 peers
49

Financial strength92th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect

Key FinancialsYear ending 31/12/2024

Turnover

£29.6M

Annual revenue

Net Worth

£2.4M

Balance sheet strength

Cash

£4.0M

Cash in the bank

Profit Before Tax

£3.4M

Bottom line earnings

Net Current Assets

-£11.6M

Working capital

Current Assets

£8.4M

Current Liabilities

£20.0M

Fixed Assets

£14.3M

Debtors

£2.6M

Cost of Sales

£17.8M

Gross Profit

£11.8M

Admin Expenses

£7.8M

Operating Profit

£4.0M

Profit After Tax

£2.4M

191avg. employees+24

People Costs

Wages & salaries£5.3M
NI contributions£521k

Balance Sheet

Intangible assets£11.4M
Assets less current liabilities£2.7M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42+£2.4M
20240.33

Derived from filed accounts. Not audited figures.