TOP TUBES LIMITED Financials
- Company number
- 03000662CopyCopy
- Registered office
- 2 Smith Road, Off Potters Lane, Wednesbury WS10 0PD
- Incorporated
- 12/12/1994
Company snapshot
- Status
- Active
- Employees
- 147 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
-0.73%vs 20242024: £26.74M
Total Assets
2.60%vs 20242024: £43.32M
Cash in Bank
110.54%vs 20242024: £760.04K
Total Liabilities
7.97%vs 20242024: £16.58M
Employees
-2vs 20242024: 149
In 2025, TOP TUBES LIMITED reported net assets of £26.54M. The same filing shows total assets of £44.44M, cash in bank of £1.60M and total liabilities of £17.90M. Reported headcount was 147 in 2025. Total Liabilities rose from £16.58M in 2024 to £17.90M in 2025 (7.97%). Okredo holds filed figures for 2022–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-0.73%from £26.74M in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures TOP TUBES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+5.7%vs 2023+2.8% a year compound (CAGR)
Cash in Bank
+270%vs 2023+92.3% a year compound (CAGR)
Total Assets
+7%vs 2023+3.4% a year compound (CAGR)
Total Liabilities
+8.9%vs 2023+4.4% a year compound (CAGR)
Employees
+0.7%vs 2023+1Biggest increase
Cash in Bank+270%
£432.58K in 2023 to £1.60M in 2025
Every indicator Okredo holds for TOP TUBES LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TOP TUBES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 59.72%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 40.28%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 8.94%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 3.60%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £269.80K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for TOP TUBES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 18.41M | 25.11M | 26.74M | 26.54M |
| Total Assets£ | 35.67M | 41.55M | 43.32M | 44.44M |
| Cash in Bank£ | 3.70M | 432.58K | 760.04K | 1.60M |
| Total Liabilities£ | 17.26M | 16.44M | 16.58M | 17.90M |
| Employees | 137 | 146 | 149 | 147 |
TOP TUBES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TOP TUBES LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
TOP TUBES LIMITED reported net assets of £26.54M for 2025. That compares with £26.74M in 2024, a change of -0.73%.
TOP TUBES LIMITED reported total assets of £44.44M for 2025. That compares with £43.32M in 2024, a change of 2.60%.
TOP TUBES LIMITED reported cash in bank of £1.60M for 2025. That compares with £760.04K in 2024, a change of 110.54%.
TOP TUBES LIMITED reported 147 employees in 2025, compared with 149 in 2024.
Between 2023 and 2025, TOP TUBES LIMITED's net assets rose by 5.7%, cash in bank rose by 270%, total assets rose by 7% and total liabilities rose by 8.9%. Net assets compounded at 2.8% a year across the two years to 2025, from £25.11M to £26.54M. Reported headcount went from 146 in 2023 to 147 in 2025 (+1).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.