diamond event creations ltd
diamond event creations ltd Company Information
Company Number
09579825
Website
-Registered Address
8 henry road, slough, SL1 2QL
Industry
Other personal service activities n.e.c.
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Usman Cheema0 Years
Shareholders
usman cheema 100%
diamond event creations ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND EVENT CREATIONS LTD at £22.3k based on a Turnover of £34.6k and 0.64x industry multiple (adjusted for size and gross margin).
diamond event creations ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND EVENT CREATIONS LTD at £3.5k based on an EBITDA of £835 and a 4.2x industry multiple (adjusted for size and gross margin).
diamond event creations ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAMOND EVENT CREATIONS LTD at £0 based on Net Assets of £-25.7k and 2.03x industry multiple (adjusted for liquidity).
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Diamond Event Creations Ltd Overview
Diamond Event Creations Ltd is a live company located in slough, SL1 2QL with a Companies House number of 09579825. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 2015, it's largest shareholder is usman cheema with a 100% stake. Diamond Event Creations Ltd is a young, micro sized company, Pomanda has estimated its turnover at £34.6k with declining growth in recent years.
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Diamond Event Creations Ltd Health Check
Pomanda's financial health check has awarded Diamond Event Creations Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £34.6k, make it smaller than the average company (£843k)
- Diamond Event Creations Ltd
£843k - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (5.6%)
- Diamond Event Creations Ltd
5.6% - Industry AVG
Production
with a gross margin of 41.1%, this company has a comparable cost of product (41.1%)
- Diamond Event Creations Ltd
41.1% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (6.3%)
- Diamond Event Creations Ltd
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
- Diamond Event Creations Ltd
13 - Industry AVG
Pay Structure
on an average salary of £29.7k, the company has an equivalent pay structure (£29.7k)
- Diamond Event Creations Ltd
£29.7k - Industry AVG
Efficiency
resulting in sales per employee of £34.6k, this is less efficient (£82.8k)
- Diamond Event Creations Ltd
£82.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Diamond Event Creations Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Diamond Event Creations Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 104 days, this is more than average (36 days)
- Diamond Event Creations Ltd
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is less cash available to meet short term requirements (49 weeks)
26 weeks - Diamond Event Creations Ltd
49 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 212.4%, this is a higher level of debt than the average (43.8%)
212.4% - Diamond Event Creations Ltd
43.8% - Industry AVG
DIAMOND EVENT CREATIONS LTD financials
Diamond Event Creations Ltd's latest turnover from May 2023 is estimated at £34.6 thousand and the company has net assets of -£25.7 thousand. According to their latest financial statements, we estimate that Diamond Event Creations Ltd has 1 employee and maintains cash reserves of £12.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,442 | 553 | 691 | 864 | 1,080 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,442 | 553 | 691 | 864 | 1,080 | 0 | 0 | 0 |
| Stock & work in progress | 5,813 | 5,813 | 5,813 | 6,313 | 5,953 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 12,915 | 4,302 | 0 |
| Group Debtors | 350 | 350 | 350 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 12,296 | 34,256 | 40,597 | 43 | 396 | 0 | 0 | 486 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,459 | 40,419 | 46,760 | 6,356 | 6,349 | 12,915 | 4,302 | 486 |
| total assets | 22,901 | 40,972 | 47,451 | 7,220 | 7,429 | 12,915 | 4,302 | 486 |
| Bank overdraft | 10,648 | 10,648 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 34,044 | 24,157 | 20,214 |
| Group/Directors Accounts | 13,144 | 19,144 | 19,144 | 29,144 | 28,894 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 360 | 360 | 180 | 0 | 150 | 0 | 0 | 0 |
| total current liabilities | 24,152 | 30,152 | 19,324 | 29,144 | 29,044 | 34,044 | 24,157 | 20,214 |
| loans | 24,496 | 34,142 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 150 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 24,496 | 34,142 | 50,000 | 0 | 0 | 0 | 0 | 150 |
| total liabilities | 48,648 | 64,294 | 69,324 | 29,144 | 29,044 | 34,044 | 24,157 | 20,364 |
| net assets | -25,747 | -23,322 | -21,873 | -21,924 | -21,615 | -21,129 | -19,855 | -19,878 |
| total shareholders funds | -25,747 | -23,322 | -21,873 | -21,924 | -21,615 | -21,129 | -19,855 | -19,878 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 111 | 138 | 173 | 216 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | -500 | 360 | 5,953 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 350 | 0 | -12,915 | 8,613 | 4,302 | 0 |
| Creditors | 0 | 0 | 0 | 0 | -34,044 | 9,887 | 3,943 | 20,214 |
| Accruals and Deferred Income | 0 | 180 | 180 | -150 | 150 | 0 | -150 | 150 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -6,000 | 0 | -10,000 | 250 | 28,894 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,646 | -15,858 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -21,960 | -6,341 | 40,554 | -353 | 396 | 0 | -486 | 486 |
| overdraft | 0 | 10,648 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -21,960 | -16,989 | 40,554 | -353 | 396 | 0 | -486 | 486 |
diamond event creations ltd Credit Report and Business Information
Diamond Event Creations Ltd Competitor Analysis
Perform a competitor analysis for diamond event creations ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in SL1 area or any other competitors across 12 key performance metrics.
diamond event creations ltd Ownership
DIAMOND EVENT CREATIONS LTD group structure
Diamond Event Creations Ltd has no subsidiary companies.
Ultimate parent company
DIAMOND EVENT CREATIONS LTD
09579825
diamond event creations ltd directors
Diamond Event Creations Ltd currently has 1 director, Mr Usman Cheema serving since Jan 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Usman Cheema | England | 38 years | Jan 2024 | - | Director |
P&L
May 2023turnover
34.6k
+13%
operating profit
724.1
0%
gross margin
41.1%
+1.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-25.7k
+0.1%
total assets
22.9k
-0.44%
cash
12.3k
-0.64%
net assets
Total assets minus all liabilities
diamond event creations ltd company details
company number
09579825
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
May 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
mk care group limited (July 2017)
accountant
MULTIPLUS TAX SOLUTIONS LTD
auditor
-
address
8 henry road, slough, SL1 2QL
Bank
-
Legal Advisor
-
diamond event creations 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 event creations ltd.
diamond event creations ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
