diamond phones ltd
diamond phones ltd Company Information
Company Number
08956866
Next Accounts
80 days late
Shareholders
rashpal singh khurana
Group Structure
View All
Industry
Other telecommunications activities
Registered Address
121 harlington road, uxbridge, UB8 3JA
Website
www.phonesltd.co.ukdiamond phones ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND PHONES LTD at £100.6k based on a Turnover of £170.1k and 0.59x industry multiple (adjusted for size and gross margin).
diamond phones ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND PHONES LTD at £0 based on an EBITDA of £-5.5k and a 2.49x industry multiple (adjusted for size and gross margin).
diamond phones ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND PHONES LTD at £36.7k based on Net Assets of £15.2k and 2.41x industry multiple (adjusted for liquidity).
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Diamond Phones Ltd Overview
Diamond Phones Ltd is a live company located in uxbridge, UB8 3JA with a Companies House number of 08956866. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in March 2014, it's largest shareholder is rashpal singh khurana with a 100% stake. Diamond Phones Ltd is a established, micro sized company, Pomanda has estimated its turnover at £170.1k with declining growth in recent years.
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Diamond Phones Ltd Health Check
Pomanda's financial health check has awarded Diamond Phones Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
8 Weak
Size
annual sales of £170.1k, make it smaller than the average company (£12.1m)
- Diamond Phones Ltd
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (3.5%)
- Diamond Phones Ltd
3.5% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (37.9%)
- Diamond Phones Ltd
37.9% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (4.6%)
- Diamond Phones Ltd
4.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (51)
2 - Diamond Phones Ltd
51 - Industry AVG
Pay Structure
on an average salary of £61.1k, the company has an equivalent pay structure (£61.1k)
- Diamond Phones Ltd
£61.1k - Industry AVG
Efficiency
resulting in sales per employee of £85.1k, this is less efficient (£227.9k)
- Diamond Phones Ltd
£227.9k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (41 days)
- Diamond Phones Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 105 days, this is slower than average (44 days)
- Diamond Phones Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (12 days)
- Diamond Phones Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (9 weeks)
39 weeks - Diamond Phones Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77%, this is a higher level of debt than the average (63.6%)
77% - Diamond Phones Ltd
63.6% - Industry AVG
DIAMOND PHONES LTD financials
Diamond Phones Ltd's latest turnover from March 2023 is estimated at £170.1 thousand and the company has net assets of £15.2 thousand. According to their latest financial statements, Diamond Phones Ltd has 2 employees and maintains cash reserves of £29.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 160 | 320 | 480 | 656 | |||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 160 | 320 | 480 | 656 | |||||
| Stock & work in progress | 955 | 955 | 955 | 2,155 | 4,255 | 4,255 | |||
| Trade Debtors | 35,377 | 27,466 | 35,091 | 13,715 | 9,520 | ||||
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 29,884 | 47,076 | 26,798 | 6,197 | 15,193 | 853 | |||
| misc current assets | |||||||||
| total current assets | 66,216 | 48,031 | 27,753 | 35,818 | 35,091 | 13,715 | 9,520 | 19,448 | 5,108 |
| total assets | 66,216 | 48,031 | 27,753 | 35,818 | 35,091 | 13,875 | 9,840 | 19,928 | 5,764 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 39,705 | 13,669 | 611 | 28,125 | 22,944 | 11,727 | 7,959 | 18,244 | 4,743 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 39,705 | 13,669 | 611 | 28,125 | 22,944 | 11,727 | 7,959 | 18,244 | 4,743 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 11,277 | 15,217 | 18,500 | ||||||
| provisions | |||||||||
| total long term liabilities | 11,277 | 15,217 | 18,500 | ||||||
| total liabilities | 50,982 | 28,886 | 19,111 | 28,125 | 22,944 | 11,727 | 7,959 | 18,244 | 4,743 |
| net assets | 15,234 | 19,145 | 8,642 | 7,693 | 12,147 | 2,148 | 1,881 | 1,684 | 1,021 |
| total shareholders funds | 15,234 | 19,145 | 8,642 | 7,693 | 12,147 | 2,148 | 1,881 | 1,684 | 1,021 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 176 | 144 | |||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -1,200 | 2,155 | -4,255 | 4,255 | |||||
| Debtors | 35,377 | -27,466 | -7,625 | 21,376 | 4,195 | 9,520 | |||
| Creditors | 26,036 | 13,058 | -27,514 | 5,181 | 11,217 | 3,768 | -10,285 | 13,501 | 4,743 |
| Accruals and Deferred Income | |||||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -3,940 | -3,283 | 18,500 | ||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -17,192 | 20,278 | 20,601 | 6,197 | -15,193 | 14,340 | 853 | ||
| overdraft | |||||||||
| change in cash | -17,192 | 20,278 | 20,601 | 6,197 | -15,193 | 14,340 | 853 |
diamond phones ltd Credit Report and Business Information
Diamond Phones Ltd Competitor Analysis
Perform a competitor analysis for diamond phones ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in UB8 area or any other competitors across 12 key performance metrics.
diamond phones ltd Ownership
DIAMOND PHONES LTD group structure
Diamond Phones Ltd has no subsidiary companies.
Ultimate parent company
DIAMOND PHONES LTD
08956866
diamond phones ltd directors
Diamond Phones Ltd currently has 2 directors. The longest serving directors include Mr Rashpal Khurana (Mar 2014) and Mr Nirpal Khurana (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rashpal Khurana | England | 49 years | Mar 2014 | - | Director |
| Mr Nirpal Khurana | United Kingdom | 42 years | Jun 2014 | - | Director |
P&L
March 2023turnover
170.1k
+21%
operating profit
-5.5k
0%
gross margin
19.1%
+9.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
15.2k
-0.2%
total assets
66.2k
+0.38%
cash
29.9k
-0.37%
net assets
Total assets minus all liabilities
diamond phones ltd company details
company number
08956866
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
diamond phone accessories & unlocking ltd (February 2017)
accountant
-
auditor
-
address
121 harlington road, uxbridge, UB8 3JA
Bank
-
Legal Advisor
-
diamond phones 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 diamond phones ltd.
diamond phones ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for DIAMOND PHONES LTD. This can take several minutes, an email will notify you when this has completed.
diamond phones ltd Companies House Filings - See Documents
| date | description | view/download |
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