White Diamond Ltd

White Diamond Ltd is a small, active company based in Wolverhampton, UK, established two years ago. With three employees and £94,855 in assets, it operates from a virtual address shared by fourteen other companies, a detail that warrants further scrutiny. The company is led by a single director and owner, Milta Linda, who also serves as the solo founder. It’s a private limited company registered in England/Wales with registration number 14113068.

The company’s primary focus is retail sales via mail order and internet, specializing in agricultural products. Its website highlights a wide range of offerings, from mixed nuts and cold-pressed oil to saffron, barberries, fruits, vegetables, dairy products, and even skin care items. It acts as a distributor for brands like Hailo, Sundis, and Comeon, and also supplies raw materials to factories, produces branded products for smaller retailers, and buys and sells commercial goods. The company has a physical office in Dubai, UAE.

Financially, White Diamond Ltd presents a mixed picture. While cash bank on hand increased slightly by 3% to £61,000, current assets decreased by 7.2% to £95,000. Trade debtors fell by 40%, which is a positive sign of improved collections, but creditors also decreased by a significant 68%, which could indicate tighter payment terms with suppliers. A notable increase of 400% in equity, specifically retained earnings, suggests a profitable year, although this needs to be considered alongside the decrease in current assets. The company’s net assets increased by 390% to £69,000. Despite the overall positive trends, the company is likely exempt from an audit due to its small size, and the financial statements are unaudited. The company’s size, meeting two of three conditions for a small company, allows for agility, but the increase in equity should be monitored to ensure it’s sustainable.

Registered in England/Wales under the registration number 14113068, with a registered address at WV1 4TH, United Kingdom, Wolverhampton, West Midlands, C/O Xolun Limited Deansgate, 62-70 Tettenhall Road.

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