Diamond Centre Wales Limited

Diamond Centre Wales Ltd, based in Pontyclun, UK, is a small, family-run business with an active status. Founded 20 years ago, the company employs 19 people and holds £1,621,640 in assets. It operates from a real address and is managed by two directors and two owners. The business runs an e-commerce site and regularly imports jewelry, precious stones, and metals—with 3 months of import activity recorded. It also occasionally exports machinery, boilers, and mechanical appliances—with 1 month of export activity.

The company’s website highlights its expertise in bespoke jewelry design and manufacturing, offering services ranging from engagement ring design to jewelry remodeling and gift vouchers. It even boasts a “SoundWave” ring designer tool and interactive jewelry application. The site emphasizes ethical sourcing and showcases a range of collections, including the Earth, Fire, and Under the Sea collections, alongside a showroom with a variety of pieces. The website also features a blog with articles about diamond quality and jewelry care.

Financially, Diamond Centre Wales Ltd presents a mixed picture. Creditors increased by 5.8% to £1,200,000, while net assets grew by 25% to £830,000. Bank borrowings decreased by 21% to £200,000, and cash reserves increased by 17% to £14,000. However, accumulated depreciation increased significantly—with Leased Assets held as Lessee, Plant Machinery growing by 57%. 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 it to be flexible, but the increase in depreciation could indicate investment in new equipment. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Diamond Centre Wales Ltd seems to be a stable, family-run business with a focus on bespoke jewelry and online sales. The company’s growth in assets and net assets is encouraging, but the increase in depreciation warrants closer monitoring.

Registered in England/Wales under the registration number 05143484, with a registered address at CF72 9FG, Wales, Pontyclun, 3 Heol Y Twyn, Talbot Green.

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