gemma diamonds ltd
gemma diamonds ltd Company Information
Company Number
08606521
Website
www.gemmadiamonds.comRegistered Address
audrey house 16/20 ely place, london, EC1N 6SN
Industry
Wholesale of watches and jewellery
Telephone
02072425533
Next Accounts Due
April 2024
Group Structure
View All
Directors
Mordechai Mandel10 Years
Shareholders
gitil mandel 33.3%
mordechai mandel 33.3%
View Allgemma diamonds ltd Estimated Valuation
The estimated valuation range for gemma diamonds ltd, derived from financial data as of July 2022 and the most recent industry multiples, is between £0 to £68.4k
gemma diamonds ltd Estimated Valuation
The estimated valuation range for gemma diamonds ltd, derived from financial data as of July 2022 and the most recent industry multiples, is between £0 to £68.4k
gemma diamonds ltd Estimated Valuation
The estimated valuation range for gemma diamonds ltd, derived from financial data as of July 2022 and the most recent industry multiples, is between £0 to £68.4k
Get a detailed valuation report, edit figures and unlock valuation multiples.
Gemma Diamonds Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Gemma Diamonds Ltd Overview
Gemma Diamonds Ltd is a live company located in london, EC1N 6SN with a Companies House number of 08606521. It operates in the wholesale of watches and jewellery sector, SIC Code 46480. Founded in July 2013, it's largest shareholder is gitil mandel with a 33.3% stake. Gemma Diamonds Ltd is a established, micro sized company, Pomanda has estimated its turnover at £322.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Gemma Diamonds Ltd Health Check
Pomanda's financial health check has awarded Gemma Diamonds Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
9 Weak
Size
annual sales of £322.1k, make it smaller than the average company (£12m)
- Gemma Diamonds Ltd
£12m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (1.2%)
- Gemma Diamonds Ltd
1.2% - Industry AVG
Production
with a gross margin of 23%, this company has a higher cost of product (33.8%)
- Gemma Diamonds Ltd
33.8% - Industry AVG
Profitability
an operating margin of 10.1% make it more profitable than the average company (5.2%)
- Gemma Diamonds Ltd
5.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (31)
2 - Gemma Diamonds Ltd
31 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
- Gemma Diamonds Ltd
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £161k, this is less efficient (£239k)
- Gemma Diamonds Ltd
£239k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (29 days)
- Gemma Diamonds Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 261 days, this is slower than average (32 days)
- Gemma Diamonds Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 180 days, this is more than average (132 days)
- Gemma Diamonds Ltd
132 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (21 weeks)
6 weeks - Gemma Diamonds Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 114.3%, this is a higher level of debt than the average (57.2%)
114.3% - Gemma Diamonds Ltd
57.2% - Industry AVG
gemma diamonds ltd Credit Report and Business Information
Gemma Diamonds Ltd Competitor Analysis
Perform a competitor analysis for gemma diamonds ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gemma diamonds ltd Ownership
GEMMA DIAMONDS LTD group structure
Gemma Diamonds Ltd has no subsidiary companies.
Ultimate parent company
GEMMA DIAMONDS LTD
08606521
gemma diamonds ltd directors
Gemma Diamonds Ltd currently has 1 director, Mr Mordechai Mandel serving since Jul 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mordechai Mandel | England | 52 years | Jul 2013 | - | Director |
GEMMA DIAMONDS LTD financials
Gemma Diamonds Ltd's latest turnover from July 2022 is estimated at £322.1 thousand and the company has net assets of -£27.5 thousand. According to their latest financial statements, Gemma Diamonds Ltd has 2 employees and maintains cash reserves of £22.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 2 | 2 | 3 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,330 | 1,878 | 0 | 127 | 254 | 381 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,330 | 1,878 | 0 | 127 | 254 | 381 | 0 | 0 | 0 |
| Stock & work in progress | 122,370 | 128,142 | 134,480 | 0 | 0 | 0 | 115,000 | 35,500 | 5,500 |
| Trade Debtors | 44,943 | 47,648 | 119,381 | 102,000 | 375,455 | 279,095 | 44,237 | 81,783 | 124,016 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 22,554 | 7,148 | 26,728 | 0 | 0 | 0 | 32,059 | 44,844 | 50,774 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 189,867 | 182,938 | 280,589 | 102,000 | 375,455 | 279,095 | 191,296 | 162,127 | 180,290 |
| total assets | 192,197 | 184,816 | 280,589 | 102,127 | 375,709 | 279,476 | 191,296 | 162,127 | 180,290 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 177,881 | 189,950 | 294,715 | 164,324 | 393,197 | 243,795 | 150,214 | 146,213 | 149,606 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 177,881 | 189,950 | 294,715 | 164,324 | 393,197 | 243,795 | 150,214 | 146,213 | 149,606 |
| loans | 18,422 | 24,702 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 23,368 | 22,788 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 41,790 | 47,490 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 219,671 | 237,440 | 344,715 | 164,324 | 393,197 | 243,795 | 150,214 | 146,213 | 149,606 |
| net assets | -27,474 | -52,624 | -64,126 | -62,197 | -17,488 | 35,681 | 41,082 | 15,914 | 30,684 |
| total shareholders funds | -27,474 | -52,624 | -64,126 | -62,197 | -17,488 | 35,681 | 41,082 | 15,914 | 30,684 |
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 913 | 627 | 127 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | |||||||||
| Stock | -5,772 | -6,338 | 134,480 | 0 | 0 | -115,000 | 79,500 | 30,000 | 5,500 |
| Debtors | -2,705 | -71,733 | 17,381 | -273,455 | 96,360 | 234,858 | -37,546 | -42,233 | 124,016 |
| Creditors | -12,069 | -104,765 | 130,391 | -228,873 | 149,402 | 93,581 | 4,001 | -3,393 | 149,606 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -6,280 | 24,702 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 580 | -27,212 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 15,406 | -19,580 | 26,728 | 0 | 0 | -32,059 | -12,785 | -5,930 | 50,774 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 15,406 | -19,580 | 26,728 | 0 | 0 | -32,059 | -12,785 | -5,930 | 50,774 |
P&L
July 2022turnover
322.1k
0%
operating profit
32.4k
0%
gross margin
23.1%
+3.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2022net assets
-27.5k
-0.48%
total assets
192.2k
+0.04%
cash
22.6k
+2.16%
net assets
Total assets minus all liabilities
Similar Companies
gemma diamonds ltd company details
company number
08606521
Type
Private limited with Share Capital
industry
46480 - Wholesale of watches and jewellery
incorporation date
July 2013
age
11
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
audrey house 16/20 ely place, london, EC1N 6SN
last accounts submitted
July 2022
gemma diamonds ltd 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 gemma diamonds ltd.
gemma diamonds ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
