Blue Diamond Products Limited

Blue Diamond Products Ltd from Dewsbury UK: a small, active company founded 24 years ago, employs 21 people, and holds £4,904,679 in assets. It's a real address, managed by three directors and a single owner, who is also the solo founder. The company regularly imports textile products, sets, used clothing, and rags – a pattern established over 158 months, with the last import occurring in October 01, 2024. It also exports these same items, having done so for 46 months, with the latest export in December 01, 2024.

The company operates in the non-specialised wholesale trade industries, and its website is currently unavailable. This makes it difficult to determine if the company is involved in e-commerce or primarily handles wholesale distribution.

Financially, Blue Diamond Products Ltd presents a mixed picture. While its assets remain substantial, several key indicators suggest potential challenges. Net assets have decreased by 3.6% to £2,500,000, and cash reserves have dramatically fallen by 99% to a mere £410. Bank borrowings have also decreased by 31%, reaching £670,000. Creditors have decreased by 41%, which could indicate improved debt management. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company, meaning the financial statements are unaudited.

The significant drop in cash reserves is a cause for concern, suggesting the company may be burning through money faster than it's generating it. The decrease in net assets, despite substantial assets, could be due to increased expenses or decreased profitability. It’s possible that the company is investing in growth or facing increased competition, but the lack of detailed financial information makes it difficult to draw definitive conclusions.

Registered in England/Wales under the registration number 04090477, with a registered address at WF12 9BY, Dewsbury, Unit 1 Brick Park, Bretfield Court Bretton Street Industrial Estate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.