Diamond Weddings Limited

Diamond Weddings Ltd, based in Birmingham, UK, is a small, active company founded 16 years ago. With four employees and £114,883 in assets, it’s a solo-founded operation led by a single director and owner. The company has a real address and regularly imports furniture, lighting, and prefabricated buildings – a total of seven months of import activity was recorded, with the last operation made in August 2023.

The company’s website showcases its expertise in event décor and theming, operating as an event hire centre with a focus on weddings and corporate events. It offers a wide range of services, including bespoke theming solutions, venue dressing, and a comprehensive portfolio of décor items like furniture, centrepieces, and lighting. The website even highlights a showroom in Birmingham and a blog keeping customers up to date. It's clear they aim to provide a full-service experience for event planners and individuals alike.

Financially, Diamond Weddings Ltd presents a mixed picture. Current assets decreased by 16% to £110,000, while net assets plummeted 140% to -£5,900 – a significant shift. Bank borrowings decreased by 48% to £24,000, and cash reserves fell 21% to £6,300. Creditors increased by 13% to £150,000, suggesting potential strain on short-term finances. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps keep overheads manageable, but the sharp equity decline is concerning. No auditor is mentioned, likely due to the company’s exemption as a small business.

Overall, Diamond Weddings Ltd appears to be navigating a challenging financial period, despite a strong focus on customer service and a diverse range of event services. Whether they can maintain their position in the competitive event décor market remains to be seen.

Registered in England/Wales under the registration number 06825324, with a registered address at B19 2YH, England, Birmingham, 40-60 Frankfort Street.

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