diamond financial solutions limited
diamond financial solutions limited Company Information
Company Number
06821840
Registered Address
2 the pavillion, strelley hall, main street, nottingham, NG8 6PE
Industry
Accounting, and auditing activities
Telephone
01773770351
Next Accounts Due
November 2025
Group Structure
View All
Shareholders
clive john barrett 50%
joanna barrett 50%
diamond financial solutions limited Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND FINANCIAL SOLUTIONS LIMITED at £37.6k based on a Turnover of £50.7k and 0.74x industry multiple (adjusted for size and gross margin).
diamond financial solutions limited Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND FINANCIAL SOLUTIONS LIMITED at £6.2k based on an EBITDA of £1.4k and a 4.32x industry multiple (adjusted for size and gross margin).
diamond financial solutions limited Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND FINANCIAL SOLUTIONS LIMITED at £30.9k based on Net Assets of £16.8k and 1.85x industry multiple (adjusted for liquidity).
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Diamond Financial Solutions Limited Overview
Diamond Financial Solutions Limited is a live company located in nottingham, NG8 6PE with a Companies House number of 06821840. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in February 2009, it's largest shareholder is clive john barrett with a 50% stake. Diamond Financial Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £50.7k with declining growth in recent years.
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Diamond Financial Solutions Limited Health Check
Pomanda's financial health check has awarded Diamond Financial Solutions Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £50.7k, make it smaller than the average company (£112.4k)
- Diamond Financial Solutions Limited
£112.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (7.5%)
- Diamond Financial Solutions Limited
7.5% - Industry AVG
Production
with a gross margin of 44.8%, this company has a higher cost of product (73.8%)
- Diamond Financial Solutions Limited
73.8% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (14.3%)
- Diamond Financial Solutions Limited
14.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Diamond Financial Solutions Limited
2 - Industry AVG
Pay Structure
on an average salary of £19.3k, the company has an equivalent pay structure (£19.3k)
- Diamond Financial Solutions Limited
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £50.7k, this is less efficient (£72.9k)
- Diamond Financial Solutions Limited
£72.9k - Industry AVG
Debtor Days
it gets paid by customers after 205 days, this is later than average (87 days)
- Diamond Financial Solutions Limited
87 days - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (19 days)
- Diamond Financial Solutions Limited
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Diamond Financial Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Diamond Financial Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60%, this is a similar level of debt than the average (60.1%)
60% - Diamond Financial Solutions Limited
60.1% - Industry AVG
DIAMOND FINANCIAL SOLUTIONS LIMITED financials
Diamond Financial Solutions Limited's latest turnover from February 2024 is estimated at £50.7 thousand and the company has net assets of £16.8 thousand. According to their latest financial statements, Diamond Financial Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 100,741 | 68,441 | 85,050 | 78,594 | 66,250 | 74,890 | 69,990 | 57,300 | 27,010 | ||||||
| Other Income Or Grants | 0 | ||||||||||||||
| Cost Of Sales | 11,500 | ||||||||||||||
| Gross Profit | 15,510 | ||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 5,552 | 4,282 | 4,426 | 2,669 | 376 | 79 | 186 | 203 | 2,800 | ||||||
| Tax | -1,172 | -70 | -841 | -507 | -71 | -15 | -39 | -43 | -588 | ||||||
| Profit After Tax | 4,380 | 4,212 | 3,585 | 2,162 | 305 | 64 | 147 | 160 | 2,212 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 4,380 | 4,212 | 3,585 | 2,162 | 305 | 64 | 147 | 160 | 2,212 | ||||||
| Employee Costs | 59,765 | 45,451 | 57,228 | 53,728 | 50,979 | 56,971 | 27,218 | 25,678 | |||||||
| Number Of Employees | 1 | 2 | 2 | 2 | 3 | 3 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,380 | 16,980 | 20,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,380 | 16,980 | 20,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 28,516 | 34,012 | 27,271 | 17,284 | 11,319 | 8,809 | 8,662 | 8,362 | 8,223 | 8,226 | 4,200 | 3,500 | 2,400 | 1,208 | 2,578 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,032 | 2,803 | 3,967 | 4,371 | 724 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 28,516 | 34,012 | 27,271 | 17,284 | 11,319 | 8,809 | 8,662 | 8,362 | 8,223 | 8,226 | 7,232 | 6,303 | 6,367 | 5,579 | 3,302 |
| total assets | 41,896 | 50,992 | 47,871 | 17,284 | 11,319 | 8,809 | 8,662 | 8,362 | 8,223 | 8,226 | 7,232 | 6,303 | 6,367 | 5,579 | 3,302 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,120 | 35,304 | 36,562 | 6,187 | 807 | 459 | 617 | 381 | 389 | 552 | 206 | 53 | 314 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 707 | 588 |
| total current liabilities | 10,120 | 35,304 | 36,562 | 6,187 | 807 | 459 | 617 | 381 | 389 | 552 | 206 | 53 | 314 | 707 | 1,088 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,771 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 11,245 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,016 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 25,136 | 35,304 | 36,562 | 6,187 | 807 | 459 | 617 | 381 | 389 | 552 | 206 | 53 | 314 | 707 | 1,088 |
| net assets | 16,760 | 15,688 | 11,309 | 11,097 | 10,512 | 8,350 | 8,045 | 7,981 | 7,834 | 7,674 | 7,026 | 6,250 | 6,053 | 4,872 | 2,214 |
| total shareholders funds | 16,760 | 15,688 | 11,309 | 11,097 | 10,512 | 8,350 | 8,045 | 7,981 | 7,834 | 7,674 | 7,026 | 6,250 | 6,053 | 4,872 | 2,214 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 3,620 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -1,172 | -70 | -841 | -507 | -71 | -15 | -39 | -43 | -588 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,496 | 6,741 | 9,987 | 5,965 | 2,510 | 147 | 300 | 139 | -3 | 4,026 | 700 | 1,100 | 1,192 | -1,370 | 2,578 |
| Creditors | -25,184 | -1,258 | 30,375 | 5,380 | 348 | -158 | 236 | -8 | -163 | 346 | 153 | -261 | 314 | 0 | 0 |
| Accruals and Deferred Income | 3,771 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -707 | 119 | 588 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -500 | 500 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 11,245 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| cash flow from financing | -1 | -4,000 | -3,000 | 0 | 0 | 0 | 0 | 0 | 502 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,032 | 229 | -1,164 | -404 | 3,647 | 724 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,032 | 229 | -1,164 | -404 | 3,647 | 724 |
diamond financial solutions limited Credit Report and Business Information
Diamond Financial Solutions Limited Competitor Analysis
Perform a competitor analysis for diamond financial solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NG8 area or any other competitors across 12 key performance metrics.
diamond financial solutions limited Ownership
DIAMOND FINANCIAL SOLUTIONS LIMITED group structure
Diamond Financial Solutions Limited has no subsidiary companies.
Ultimate parent company
DIAMOND FINANCIAL SOLUTIONS LIMITED
06821840
diamond financial solutions limited directors
Diamond Financial Solutions Limited currently has 2 directors. The longest serving directors include Ms Joanna Barrett (Feb 2009) and Mr Clive Barrett (Feb 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Joanna Barrett | England | 70 years | Feb 2009 | - | Director |
| Mr Clive Barrett | England | 68 years | Feb 2009 | - | Director |
P&L
February 2024turnover
50.7k
-50%
operating profit
1.4k
0%
gross margin
44.8%
-4.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
16.8k
+0.07%
total assets
41.9k
-0.18%
cash
0
0%
net assets
Total assets minus all liabilities
diamond financial solutions limited company details
company number
06821840
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
February 2009
age
15
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
February 2024
address
2 the pavillion, strelley hall, main street, nottingham, NG8 6PE
accountant
-
auditor
-
diamond financial solutions limited 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 did not find charges/mortgages relating to diamond financial solutions limited.
diamond financial solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
