diamond specialist joinery ltd
diamond specialist joinery ltd Company Information
Company Number
09171470
Registered Address
18 clarence road, southend on sea, essex, SS1 1AN
Industry
Joinery installation
Telephone
01708526986
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
elliot cowan 65.2%
daren palmer 21.7%
View Alldiamond specialist joinery ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND SPECIALIST JOINERY LTD at £547.5k based on a Turnover of £1.7m and 0.32x industry multiple (adjusted for size and gross margin).
diamond specialist joinery ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND SPECIALIST JOINERY LTD at £0 based on an EBITDA of £-21.5k and a 3.13x industry multiple (adjusted for size and gross margin).
diamond specialist joinery ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND SPECIALIST JOINERY LTD at £30.4k based on Net Assets of £15.2k and 2x industry multiple (adjusted for liquidity).
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Diamond Specialist Joinery Ltd Overview
Diamond Specialist Joinery Ltd is a dissolved company that was located in essex, SS1 1AN with a Companies House number of 09171470. It operated in the joinery installation sector, SIC Code 43320. Founded in August 2014, it's largest shareholder was elliot cowan with a 65.2% stake. The last turnover for Diamond Specialist Joinery Ltd was estimated at £1.7m.
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Diamond Specialist Joinery Ltd Health Check
Pomanda's financial health check has awarded Diamond Specialist Joinery Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £1.7m, make it larger than the average company (£191.4k)
- Diamond Specialist Joinery Ltd
£191.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (5.2%)
- Diamond Specialist Joinery Ltd
5.2% - Industry AVG
Production
with a gross margin of 16.4%, this company has a higher cost of product (32.1%)
- Diamond Specialist Joinery Ltd
32.1% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (8.5%)
- Diamond Specialist Joinery Ltd
8.5% - Industry AVG
Employees
with 27 employees, this is above the industry average (3)
27 - Diamond Specialist Joinery Ltd
3 - Industry AVG
Pay Structure
on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)
- Diamond Specialist Joinery Ltd
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £63.4k, this is less efficient (£112.8k)
- Diamond Specialist Joinery Ltd
£112.8k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (42 days)
- Diamond Specialist Joinery Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 140 days, this is slower than average (36 days)
- Diamond Specialist Joinery Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 100 days, this is more than average (10 days)
- Diamond Specialist Joinery Ltd
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (25 weeks)
4 weeks - Diamond Specialist Joinery Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.7%, this is a higher level of debt than the average (69.7%)
97.7% - Diamond Specialist Joinery Ltd
69.7% - Industry AVG
DIAMOND SPECIALIST JOINERY LTD financials
Diamond Specialist Joinery Ltd's latest turnover from September 2018 is estimated at £1.7 million and the company has net assets of £15.2 thousand. According to their latest financial statements, Diamond Specialist Joinery Ltd has 27 employees and maintains cash reserves of £50 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 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 | 27 | 17 | 15 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|
| Tangible Assets | 63,707 | 70,749 | 57,309 | 12,459 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 63,707 | 70,749 | 57,309 | 12,459 |
| Stock & work in progress | 393,877 | 283,065 | 189,749 | 95,035 |
| Trade Debtors | 165,330 | 128,121 | 80,320 | 121,898 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 50,021 | 94,410 | 27,863 | 13,066 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 609,228 | 505,596 | 297,932 | 229,999 |
| total assets | 672,935 | 576,345 | 355,241 | 242,458 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 550,802 | 483,887 | 285,899 | 209,185 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 550,802 | 483,887 | 285,899 | 209,185 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 98,132 | 31,522 | 16,674 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 8,799 | 8,799 | 5,500 | 128 |
| total long term liabilities | 106,931 | 40,321 | 22,174 | 128 |
| total liabilities | 657,733 | 524,208 | 308,073 | 209,313 |
| net assets | 15,202 | 52,137 | 47,168 | 33,145 |
| total shareholders funds | 15,202 | 52,137 | 47,168 | 33,145 |
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 15,927 | 17,687 | 14,327 | 3,115 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 110,812 | 93,316 | 94,714 | 95,035 |
| Debtors | 37,209 | 47,801 | -41,578 | 121,898 |
| Creditors | 66,915 | 197,988 | 76,714 | 209,185 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 3,299 | 5,372 | 128 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 66,610 | 14,848 | 16,674 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -44,389 | 66,547 | 14,797 | 13,066 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -44,389 | 66,547 | 14,797 | 13,066 |
diamond specialist joinery ltd Credit Report and Business Information
Diamond Specialist Joinery Ltd Competitor Analysis
Perform a competitor analysis for diamond specialist joinery ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in SS1 area or any other competitors across 12 key performance metrics.
diamond specialist joinery ltd Ownership
DIAMOND SPECIALIST JOINERY LTD group structure
Diamond Specialist Joinery Ltd has no subsidiary companies.
Ultimate parent company
DIAMOND SPECIALIST JOINERY LTD
09171470
diamond specialist joinery ltd directors
Diamond Specialist Joinery Ltd currently has 2 directors. The longest serving directors include Mr Elliot Cowan-Mclean (Aug 2015) and Mr Stephen Church (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Elliot Cowan-Mclean | 51 years | Aug 2015 | - | Director | |
| Mr Stephen Church | England | 60 years | Oct 2015 | - | Director |
P&L
September 2018turnover
1.7m
+36%
operating profit
-37.5k
0%
gross margin
16.4%
-15.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2018net assets
15.2k
-0.71%
total assets
672.9k
+0.17%
cash
50k
-0.47%
net assets
Total assets minus all liabilities
diamond specialist joinery ltd company details
company number
09171470
Type
Private limited with Share Capital
industry
43320 - Joinery installation
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2018
previous names
N/A
accountant
-
auditor
-
address
18 clarence road, southend on sea, essex, SS1 1AN
Bank
-
Legal Advisor
-
diamond specialist joinery 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 specialist joinery ltd.
diamond specialist joinery ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
