Back to search

Diamond Electronics Limited

01374438

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

FOURWAYS TECHNOLOGY PARK, SMALLWOOD NEAR SANDBACH, CW11 2US
Incorporated 21/06/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Darren Raymond Hesketh

director · Since 30/09/1991

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Damien John Hesketh

secretary · Since 28/11/2006

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 6 other boards

Mr Damien John Hesketh

director · Since 28/11/2006

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 6 other boards

Mr Darren Paul Spencer

director · Since 18/12/2007

DIRECTOR

ENGLISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Diamond Electronics Holdings Limited

75–100% shares
Appoint directors

Fourways Technology Park, London Road, Sandbach, CW11 2US

Reg: 12326259 · Companies House · Limited Liability Company

Notified 12/12/2019

Former PSCs

Mr Joseph Raymond Hesketh

Ceased 07/12/2017

Mrs Elizabeth Mary Hesketh

Ceased 12/12/2019

Ekfl (Uk) Holdings Limited

Ceased 12/12/2019

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 20/01/2025Registered 23/01/2025
Charge
outstanding

HSBC UK BANK PLC

Created 16/01/2025Registered 23/01/2025
Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 10/01/2025Registered 13/01/2025
Charge
satisfied

HSBC UK BANK PLC

Created 15/11/2024Registered 26/11/2024Satisfied 11/12/2024
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 14/12/2012Registered 18/12/2012Satisfied 21/01/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/09/1993Registered 29/09/1993Satisfied 13/02/2025
charge
satisfied

BARCLAYS BANK PLC

Created 21/02/1989Registered 27/02/1989Satisfied 30/09/1995

CompanyRankvs 300+ SIC 46520 peers
65

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.64× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£0

Cash in the bank

Profit Before Tax

£326k

Bottom line earnings

Net Current Assets

£2.0M

Working capital

Current Assets

£5.0M

Current Liabilities

£3.0M

Fixed Assets

£462k

Debtors

£3.0M

Admin Expenses

£1.4M

Profit After Tax

£233k

55avg. employees

Tax at Year End

Corp tax£212k
Dividends paid£241k

People Costs

Wages & salaries£1.5M

Balance Sheet

Intangible assets£3k
Bank loans & overdrafts£160k
Assets less current liabilities£2.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.64

Derived from filed accounts. Not audited figures.