Diamond Business Interiors Ltd

Diamond Business Interiors Ltd, based in Wigan, UK, is a small, active company established 27 years ago. With 14 employees and £2,508,455 in assets, it’s a well-established player in the region. The company, led by two directors and one owner, maintains a real address and boasts a stellar 5.0 Google rating from 72 reviews. Regular importer of furniture, lighting, and prefabricated buildings (15 months imported), it’s clearly engaged in international trade.

The company’s website paints a picture of a full-service interior design and fit-out specialist. They cater to a wide range of sectors, including healthcare, legal, corporate, and public sectors, offering services from collaborative workspace design to office refurbishment and even showroom interior design. It’s clear they’re not just selling furniture; they’re providing complete solutions for businesses looking to optimize their workspace. Their website also features a “fit-out calculator,” a handy tool for potential clients to get an initial cost estimate—a nice touch for modern business.

Looking at the financial data, Diamond Business Interiors Ltd shows some concerning trends. Accrued liabilities jumped significantly by 460%, reaching £200,000, while cash reserves fell 13% to £1,400,000. Bank borrowings, however, decreased by 74%, a positive sign. Trade debtors increased by a substantial 84%, which could indicate slower payments from customers or an expansion of credit terms. Despite these pressures, net assets still stand at £1,300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in liabilities needs to be watched. With no auditor mentioned, the figures are unaudited.

Overall, Diamond Business Interiors Ltd appears to be a reputable company with a strong online presence and a loyal customer base. However, the financial data suggests that it’s facing some challenges, and it will be interesting to see how it navigates these in the coming months.

Registered in England/Wales under the registration number 03439053, with a registered address at WN6 7TF, Wigan, Lancashire, 4 Horton Street.

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