Diamond Constructions Ltd

Diamond Constructions Ltd, based in Mitcham, London, is a small, active family business established seventeen years ago. With three employees and £672,133 in assets, it operates from a real address and is managed by two directors and owners. The company boasts a strong 4.0 Google rating based on ten reviews and regularly imports miscellaneous metal items, with the last import occurring three months ago. It’s a private limited company registered in England/Wales with the number 06558600.

Diamond Constructions Ltd specializes in house extensions, loft conversions, basement conversions, and bespoke joinery, offering services ranging from design and supply of materials to installation. The website highlights a commitment to quality craftsmanship and customer satisfaction, showcasing completed projects and offering free quotation forms. The company even has a kitchen division, Diamond Kitchens, which is expanding its services.

Financially, Diamond Constructions Ltd presents a mixed picture. While current assets increased by 14% to £670,000, net assets have taken a significant hit, plummeting 39000% to -£340,000. Creditors have also seen a dramatic increase, rising 120% to £910,000 within one year. Bank loans have also increased significantly, reaching £155,620. 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 agility, but the substantial equity decline and increased liabilities raise concerns. The accounts are abridged and unaudited, and no auditor is mentioned.

The company's retained earnings have been affected, and the figures rely on director-reported data. Despite these financial pressures, Diamond Constructions Ltd appears to be holding steady, leveraging its reputation and expanding into related services like kitchen design to maintain a strong presence in the London construction market.

Registered in England/Wales under the registration number 06558600, with a registered address at CR4 3BH, England, London, Unit 4 245 Church Road.

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