Diffusion (ni) Limited

Diffusion (ni) Limited, based in Antrim, UK, is a small, active holding company established 22 years ago. Employing 18 people, the company holds assets valued at £926,354. It operates from a real address at 6 Springfarm Industrial Estate and is managed by four directors, with one owner. Google users rate it 4.0 stars based on 12 reviews. The company regularly imports iron or steel products, with recent activity recorded in June 2024.

The company’s website reveals it’s a manufacturer of window blinds and distributor of blind components. It also operates a separate division specializing in high-end piano restoration, boasting a showroom in Harrods, London. This division focuses on museum-grade restorations and disaster recovery for damaged pianos, showcasing a diverse range of services beyond the core blind manufacturing business.

Financially, Diffusion (ni) Limited presents a mixed picture. Cash reserves increased by 20% to £290,000, while current assets rose by a modest 2.2% to £930,000. However, net losses deepened, and bank borrowings surged by 2,400%, reaching £29,000. Trade debtors decreased by 3.4%, suggesting improved collection efforts, while creditors increased by 49%, potentially reflecting increased supplier costs. 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, but the increase in borrowing raises questions about its financial sustainability. As a small company, it is exempt from an audit, so the figures are unaudited. The company’s financial statements were prepared by Digita Accounts Production Advanced.

Registered in Northern Ireland under the registration number NI045640, with a registered address at BT41 4NZ, Ballymena Road, Antrim, Unit 3, 6 Springfarm Industrial Estate.

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