Diamond Controls Limited

Diamond Controls Ltd, based in Norwich, UK, is a small, active company established 24 years ago in 2000. Employing 13 people, the company holds £1,318,532 in assets and operates from a real address. With two directors and two owners, Diamond Controls specializes in the import and export of electrical machinery and equipment, with 3 months of import activity and 6 months of export activity recorded.

The company’s website highlights its expertise as leak detection and trace heating system specialists, serving a wide range of industries including data centres, commercial buildings, and healthcare facilities. Diamond Controls offers a full suite of services, from design and installation to commissioning and maintenance, and even supplies trace heating products online. They seem to have a very large team, with 21 people listed on their website, including CAD engineers, service maintenance managers, and even a company dog!

Financially, Diamond Controls Ltd shows a mixed picture. Current assets have decreased by 13% to £1,300,000, while net assets have increased by 13% to £1,000,000. Bank borrowings have dramatically fallen by 94%, reaching just £4,300, and cash reserves have decreased by 37% to £300,000. Trade debtors have significantly increased by 200%, suggesting a reliance on customer payments. Despite these changes, 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. There is no auditor mentioned, which is typical for a small company.

The increase in trade debtors, however, could be a cause for concern, and the decrease in cash reserves suggests the company is burning through money. The company’s focus on specialist services and online sales seems to be working, but its financial health will need careful monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 04113848, with a registered address at NR4 6DQ, England, Norwich, 21a Bessemer Road.

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