Home Diamonds Ltd

Home Diamonds Ltd, based in Preston, UK, is a small, active company founded just four years ago. It’s a solo venture, run by a single director and owner, employing just one person and holding £19,386 in assets. The company operates from a real address and is registered with Companies House.

The business specializes in the manufacture of kitchen furniture, the manufacture of other furniture, and retail sales via mail order and the internet. Its website, homediamonds.co.uk, showcases a range of kitchen styles – from modern to rustic – and offers both standard and bespoke kitchen design services. Customers can book a free design visit and expect a kitchen delivery within 2 to 7 weeks. The company emphasizes British craftsmanship and uses state-of-the-art machinery in its manufacturing facility.

Financially, Home Diamonds Ltd presents a mixed picture. Cash reserves have increased significantly, jumping 540% to £6,400, which is good news. However, net assets have improved dramatically, rising 120% to £1,900, and equity has also improved significantly. Trade debtors have decreased by 29%, which could indicate better cash flow management. Creditors have also decreased, by 34%, which is also a positive sign. The company’s small size – meeting two of three criteria for a small company – allows for flexibility. It’s worth noting that the company’s accounts are unaudited, as it’s exempt due to its size.

While the company’s financial health appears to be improving, the significant decrease in trade debtors could be a cause for concern. It's possible that the company is experiencing some challenges in collecting payments from customers, or perhaps it has extended credit terms to attract new business.

Registered in England/Wales under the registration number 13159303, with a registered address at PR5 8HQ, England, Preston, 118 Longacre, Bamber Bridge.

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