Diamond Coffins International Ltd

Diamond Coffins International Ltd, based in Greenford, UK, is a small, active company founded just three years ago. With £29,266 in assets and a yearly revenue of £7,701, it operates a real address and e-commerce site, importing wood and wood products irregularly – just one month’s worth as of April 2023. The company is run by a single director and owner, Ciocotisan Florin-calin.

The company’s website showcases a range of timber veneer coffins, traditional English caskets, and grave markers, catering to the funeral industry. It positions itself as a “Master Builder” of coffins, emphasizing quality and customization, and offering a “perfect build” with various accessories. The site’s focus is on online sales and enquiries, with a clear call to action for potential customers to submit their details.

Financially, Diamond Coffins International Ltd presents a mixed picture. Current assets have fallen dramatically, dropping 86% to just £29,000, while net assets have plunged into negative territory at -£640. Turnover has also seen a significant decline, falling 92% to £7,701. Bank borrowings have remained steady, but cash reserves have vanished completely. The company’s small size (meeting two of three criteria for a small company) helps it stay nimble, but the sharp decline in equity and the loss of cash are concerning. With no auditor mentioned, the unaudited figures rely on director-reported data.

It appears Diamond Coffins International Ltd is facing challenges, with a significant drop in revenue and a negative equity position. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company will need to address these issues to ensure its continued viability.

Registered in England/Wales under the registration number 13532224, with a registered address at UB6 7JJ, England, Greenford, Unit 4a 4/6 Wadsworth Road.

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