Diamontt Ltd

Diamontt Ltd is a small, active company based in London, UK, established five years ago in 2019. With a single employee and £15,447 in assets, it operates from a virtual address shared by 752 other companies. Founded and managed by Alagoz Iris, who acts as both director and owner, the company’s status is active. It’s classified as a solo founder operation. Diamontt Ltd is an irregular importer, primarily dealing with paper and paperboard products, with just one month of import activity recorded as of September 2024.

The company's website, Diamontt.co.uk, reveals a focus on photography and video production services. It positions itself as a video production company based in Manchester, offering professional photo shoots and videos for a wide range of clients. The site highlights services like videography, photography, promotional videos, and special event coverage. It even includes a contact form with a WhatsApp integration for customer support. The website has a professional design and includes a portfolio section, showcasing previous work.

Financially, Diamontt Ltd presents a mixed picture. While bank borrowings decreased by 33%, cash reserves increased significantly by 200% to £9,300. However, current assets declined by 4%, and net assets dropped by 39% to £190. Trade debtors decreased significantly by 69%, which could indicate improved collection efforts, but creditors also increased by 760% to £6,700. Depreciation charges have remained consistent, and the company’s small size (meeting two of three criteria for a small company) means it’s likely exempt from an audit, relying on unaudited accounts. The company's retained earnings and accumulated losses have also decreased.

In conclusion, Diamontt Ltd seems to be navigating a period of change. While its cash position has improved, the decrease in net assets and the increase in creditors suggest it's burning through money. The company’s focus on video production and photography, combined with its small size, means it’s likely facing challenges in scaling its operations.

Registered in England/Wales under the registration number 12339586, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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