Diamond Of Chester Camelot Ltd

Diamond Of Chester Camelot Ltd, based in Chester, UK, is a small, active company founded eight years ago. With five employees and £348,051 in assets, it operates from a real address and is managed by a solo founder who also serves as director and owner. The company enjoys a stellar 5.0 Google rating from 66 reviews. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with recent import activity dating back four months.

The company's primary business involves retail sale of watches and jewellery in specialised stores. Its website, ChesterNOW, functions as a comprehensive online guide to Chester, offering information on local businesses, attractions, and events. It’s a totally independent site, offering genuine opinions of the facilities available in the city. The website doesn't appear to be an e-commerce platform itself, but rather a directory and information resource.

Financially, Diamond Of Chester Camelot Ltd shows some concerning trends. Current assets have decreased by 9.8% to £350,000, and net assets have increased by 36% to £61,000. However, bank overdrafts have decreased by 35% to £20,000, and cash bank on hand has decreased by 34% to £31,000. Trade debtors have increased dramatically by 370% to £42,000, which could indicate a reliance on customer payments. Creditors have increased by 11% to £170,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited accounts, prepared using VT Final Accounts software, don’t mention an auditor.

While the company maintains a strong Google rating and a well-regarded online presence, the financial data suggests it’s facing some challenges. The increase in trade debtors and the decrease in cash reserves warrant close attention, though the increase in net assets is a positive sign. It’s likely that the company is experiencing typical pressures for a small business, but its long-term success will depend on managing its finances effectively.

Registered in England/Wales under the registration number 10615919, with a registered address at CH1 1LF, United Kingdom, Chester, 4 Eastgate Row South.

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