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Diamonds Lounge Ltd

11998840

active
Private Limited Company
Companies House
Health Score
95 / 100

Healthy

25/30
Filing
30/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

142 THE BROADWAY, LONDON, W13 0TL
Incorporated 16/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities

Officers

Mrs Laila Ahmed

director · Since 16/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Mrs Laila Ahmed

75–100% shares

British · United Kingdom · Age 59

29, New Broadway, Middx, Hillingdon, UB10 0LL

Notified 16/05/2019

CompanyRankvs 522+ SIC 56210 peers
80

Financial strength97th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.32× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

Longevity7/15 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 31/05/2024

Turnover

£591k

Annual revenue

Net Worth

£335k

Balance sheet strength

Cash

£140k

Cash in the bank

Profit Before Tax

£162k

Bottom line earnings

Net Current Assets

£309k

Working capital

Current Assets

£543k

Current Liabilities

£233k

Fixed Assets

£25k

Debtors

£403k

Cost of Sales

£268k

Gross Profit

£323k

Admin Expenses

£256k

Operating Profit

£162k

Profit After Tax

£123k

8avg. employees+1

Tax at Year End

Corp tax£40k
VAT£6k
Dividends paid£50k

Balance Sheet

Assets less current liabilities£335k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.32+£123k£126k
20232.05+£95k
20221.80+£111k
20212.38+£23k
20201.14

Derived from filed accounts. Not audited figures.