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Diamond Engineering Ltd

01474521

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

SHIREHILL INDUSTRIAL ESTATE, SAFFRON WALDEN, CB11 3AQ
Incorporated 22/01/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Richard Andrew Hess

secretary · Since 16/11/1991

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mr Richard Andrew Hess

director · Since 16/11/1991

ENGINEER

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mrs Jessica Smith

director · Since 16/11/1991

FINANCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Mr Richard Andrew Hess

75–100% shares
75–100% votes
Appoint directors

British · England · Age 68

The Moat House, 1 Maberly Court, Saffron Walden, CB10 2EA

Notified 06/04/2016

Former PSCs

Mr Christopher Helmut Hess

Ceased 25/03/2022

CompanyRankvs 778+ SIC 32990 peers
85

Financial strength92th percentile among SIC peers · 23/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.89× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£739k

Cash in the bank

Net Current Assets

£901k

Working capital

Current Assets

£1.4M

Current Liabilities

£477k

Fixed Assets

£649k

Debtors

£597k

Profit After Tax

£133k

10avg. employees-1

Tax at Year End

Corp tax£141k
Dividends paid£89k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.89+£170k
20233.33+£44k
20222.87-£291k
20213.36+£123k
20203.32-£34k
20193.99+£3k
20183.31-£37k
20174.94

Derived from filed accounts. Not audited figures.