Eid Limited

Eid Limited, based in Pinner, UK, is a holding company with an active status, established 27 years ago in 1998. The company employs ten people and holds assets worth £8,737,298. While registered at a Pinner address, fifty-six companies share this virtual address, raising questions about its true location. With two directors and three owners (though the list may not be exhaustive), Eid Limited operates as a family business and boasts a perfect 5.0 Google rating from two reviews.

The company's primary focus is the wholesale of metals and metal ores, with a significant presence in the industrial diamond sector. Its website, EID Industrial Diamonds, showcases a wide range of products, including natural diamond grit, synthetic diamond powders, and cutting tools, catering to various industrial applications. The site highlights the company's expertise in diamond restoration and even features a division operating from Cambridge with a showroom in Harrods, London.

Financially, Eid Limited’s recent performance presents a mixed picture. While turnover increased by 1.6% to £11,098,000, net assets decreased by 14% to £10,000,000. Cash reserves fell 23% to £400,000, and bank borrowings increased by 21% to £770,000. Creditors also rose by 35% to £34,000. 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 it stay agile, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Eid Limited is holding steady, but facing pressures. Its diamond division, meanwhile, thrives on prestige and heritage—a contrast to the more modest wholesale operations. Whether the two can sustain each other long-term remains to be seen.

Registered in England/Wales under the registration number 03491832, with a registered address at HA5 3NN, Pinner, Middlesex, Elm Park House, Elm Park Court.

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