Pink Diamond Limited

Pink Diamond Limited, based in Chester, UK, is a small, active company founded five years ago in 2019. It employs just one person and holds £214,426 in assets, operating from a virtual address shared by ninety-four other companies. The company is led by two directors and has one owner, Karatas Gunes. It's an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent import activity recorded just two months ago. The company’s core business is retail sale of watches and jewellery in specialised stores.

The company’s website is not available for analysis.

Financially, Pink Diamond Limited presents a mixed picture. Current assets have increased by a significant 93%, reaching £210,000, while net assets have more than doubled to £55,000. However, bank borrowings have also increased, with overdrafts rising by -12% and -37% respectively. Creditors have surged by a substantial 120%, suggesting increased reliance on trade credit. Despite this, trade debtors have decreased, indicating improved collection efficiency. 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 creditors warrants attention. The company’s equity has increased by 180%, which is a good sign.

The company's financial data shows a trend of growth, but also increased debt. The sharp increase in creditors could be due to expansion or seasonal fluctuations. The lack of an auditor (likely exempt as a small company) means the figures are unaudited. Overall, Pink Diamond Limited appears to be navigating a period of growth, but it’s important to monitor its debt levels and cash flow closely.

Registered in England/Wales under the registration number 12237492, with a registered address at CH1 2DS, England, Chester, Military House, 24 Castle Street.

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