DIAMOND RAIN LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +6.5%

  £11,785,226 → £12,549,756

• Cash

  +247.7%

  £147,460 → £512,746

  highest in 4 filed years

• Net assets

  +13.2%

  £2,942,887 → £3,330,102

• Employees

  -4.9%

  61 → 58

• Operating profit

  -61.8%

  £842,125 → £321,791

• Profit before tax

  -73.7%

  £689,614 → £181,657

• Wages

  -0.9%

  £2,348,975 → £2,326,694

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. DIAMOND RAIN LIMITED 2008-01-29 → present
2. DIAMONDRAIN LIMITED 2004-01-15 → 2008-01-29

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Burgis & Bullock

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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.”

Group structure

1. DIAMOND RAIN LIMITED · parent
   1. Thermex Limited 100% · United Kingdom · manufacturing shell and tube heat exchanges, adding air cooled, brazed plate heat exchanges and finned tube heat exchangers
   2. Harcross Developments Limited 100% · United Kingdom · land and property development as well as the trading of collectable and classic motor vehicles

Significant events

• “an impairment of £905,396 has been recognised in respect of the potential loss that may now be incurred on this project.”
• “Our capital investment program continues to allow for an expanding manufacturing and office base, and with the introduction of a new ERP computer system being implemented in 2025/26 will enable the business to meet its ambitious 5-year plan and support its current and future customer base in a more efficient way.”
• “Our strategy and recently expanded capabilities have given Thermex the platform to launch new products and the capacity to take on additional work including a new OEM in 2023/24.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.