How much does Topbond PLC make?

Topbond PLC reported revenue of £20m and £348k profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Topbond PLC have?

Topbond PLC reported an average of 70 employees in the year to 31 Mar 2026.

Is Topbond PLC profitable?

Yes — Topbond PLC reported a profit of £348k in the year to 31 Mar 2026.

Company No. 01204146 · Incorporated 18 Mar 1975

Topbond PLC

Registered name: TOPBOND PLC

Part of Topbond Holdings Limited group

Topbond PLC made £20m revenue and £348k profit in the year to 31 Mar 2026.

Topbond PLC’s revenue grew 3% to £20m in the year to 31 Mar 2026, with £348k profit and 70 employees. The company is classified under “other specialised construction activities” and is based in Sittingbourne; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Sittingbourne, South East
Age: 51 yrs · since 1975
Type: Public Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2026

Key figures

Boring industry

Revenue

£20m

Growth ▲2.7%

Profit

£348k

Growth ▼46.5%

Profit margin

1.7%

Gross 26.6%

Employees

Change ▲22.8%

Profit / employee

£5k

Revenue/employee £286k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12m	£20m	£19.5m	£20m
Cost of sales	£8.6m	£14.5m	£13.9m	£14.7m
Gross profit	£3.3m	£5.5m	£5.6m	£5.3m
Operating profit	£420k	£618k	£936k	£561k
Profit before tax	£359k	£538k	£866k	£464k
Profit after tax	£197k	£432k	£650k	£348k
Profit (best available)	£197k	£432k	£650k	£348k
Staff costs	£2.5m	£4.1m	£4.2m	£4.7m
Employees (average)	52	53	57	70
Ratios
Profit margin	1.7%	2.2%	3.3%	1.7%
Gross margin	27.9%	27.6%	28.7%	26.6%
Revenue per employee	£230k	£378k	£342k	£286k
Profit per employee	£3.8k	£8.2k	£11.4k	£5k
Growth (year on year)
Revenue growth	—	—	—	▲2.7%
Profit growth	—	—	—	▼46.5%
Headcount growth	—	—	—	▲22.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£54.9k	£1m	£1.1m	£1.6m
Net assets	£2.3m	£2.7m	£3.2m	£3.5m
Fixed assets	£2.1m	£1.5m	£2.4m	£2.4m
Current assets	£3.8m	£5.3m	£5.8m	£9.5m
Debtors	£3.2m	£3.4m	£3.7m	£5.7m
Deferred income	£117k	£275k	£629k	£913k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 26.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £286k; Revenue ÷ average employees.
Profit per employee: £5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 28.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲9%; Now £3.5m
Cash at bank: ▲42%; Now £1.6m
Headcount: ▲23%; Now 70
Deferred income: ▲45%; Now £913k
Fixed assets: ▲3%; Now £2.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Topbond Holdings Limitedultimate parent75–100%
Topbond PLCthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Hydra Technical Services LimitedFigures not disclosed

Sister companies (1)

Meercat Boats LimitedLiquidationFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £348k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.