Uk Diamond Centre Ltd

Uk Diamond Centre Ltd is a small, family-run business registered in Telford, UK, with an active trading status. Founded fourteen years ago in 2011, the company holds £81,687 in assets and operates from a virtual address, a fact highlighted by the presence of twenty-one other companies registered at the same location. It’s led by two directors and two owners, and employs no staff. The company’s primary activity is retail sale via mail order houses or via internet.

The company’s website, admindiamondcentre.org.uk, reveals a very different focus: providing therapeutic horse riding experiences for disabled people. The Diamond Centre for Disabled Riders is a registered charity offering a range of activities, including horse riding, vaulting, hippotherapy, and carriage driving, catering to around 350 riders per week, aged from 3 to 75 years old. The site emphasizes the benefits of these activities for participants’ physical, sensory, educational, and communicative well-being.

Financially, Uk Diamond Centre Ltd presents a mixed picture. Current assets have decreased by 18% to £82,000, while net assets have declined by 17% to -£110,000. Cash bank on hand has fallen by 36% to £62, and bank borrowings have increased. Trade debtors have risen significantly by 170%, suggesting potential issues with customer payments. Despite these challenges, creditors have decreased slightly, indicating some improvement in debt management. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from flexibility, but the decline in equity is concerning. With no auditor mentioned, the financial statements are unaudited. It seems the horse riding charity is doing well, but the diamond business is struggling a bit.

Registered in England/Wales under the registration number 07540786, with a registered address at TF7 4NA, Telford, Shropshire, Coppice House, Halesfield 7.

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