Diamond Fireworks Ltd

Diamond Fireworks Ltd, based in Ballyclare, UK, is a small, holding company with an active status. Founded 24 years ago in 2000, it employs just one person and holds £1,183,968 in assets. With three directors and one owner, it maintains a respectable 4.0 Google rating from 13 reviews. The company regularly imports paper and paperboard products, with its last import activity recorded 13 months ago in August 2020.

The company’s website reveals a significant operation: a wholesale supplier of fireworks to the UK market. Established in 1996, Diamond Fireworks has grown to be one of the largest suppliers, serving both wholesale and retail trade. It operates offices in Belfast and Birmingham, with a comprehensive showroom stocked with samples. The company also boasts extensive storage facilities and a distribution center in Birmingham, enabling speedy delivery nationwide. Customers can explore the 2025 catalogue online, featuring products like the Gremlin 96 Shot Barrage and the Shockwave 600 Shot Barrage. The website encourages potential clients to contact the friendly sales team for assistance.

Financially, Diamond Fireworks Ltd shows some concerning trends. Current assets decreased by 24% to £1,200,000, while net assets fell 2.2% to £280,000. Bank borrowings increased by 19% to £99,000, and cash reserves dropped. Creditors decreased by 38%, suggesting better debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in net assets is something to keep an eye on. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Diamond Fireworks Ltd appears to be a well-established business facing some financial headwinds. The fireworks market is competitive, and the company's ability to maintain its position will depend on its ability to manage costs and adapt to changing market conditions.

Registered in Northern Ireland under the registration number NI038817, with a registered address at BT39 0AS, Ballyclare, Antrim, 55 Millbank Road, Templepatrick.

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