Diamond Engineering Services Ltd
Registered name: DIAMOND ENGINEERING SERVICES LTD
Part of Diamond Engineering Group Ltd groupDiamond Engineering Services Ltd made £12.6m revenue and £1.4m profit in the year to 31 Mar 2025. read from filing text
Diamond Engineering Services Ltd’s revenue fell 20% to £12.6m in the year to 31 Mar 2025, with £1.4m profit and 97 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Sheffield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Sheffield, Yorkshire and The Humber
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £7.8m | £10.4m | £15.8m | £12.6m |
| Cost of sales | £5.7m | £6.9m | £9.9m | £8.7m |
| Gross profit | £2.1m | £3.6m | £5.9m | £3.9m |
| Operating profit | £821k | £1.7m | £3.6m | £1.8m |
| Profit before tax | £810k | £1.7m | £3.7m | £1.8m |
| Profit after tax | £600k | £1.4m | £2.8m | £1.4m |
| Profit (best available) | £600k | £1.4m | £2.8m | £1.4m |
| Staff costs | £3.3m | £3.4m | £5m | £4.2m |
| Employees (average) | 100 | 100 | 99 | 97 |
| Ratios | ||||
| Profit margin | 7.7% | 13.5% | 17.5% | 11% |
| Gross margin | 27.3% | 34.1% | 37.2% | 31.1% |
| Revenue per employee | £78.3k | £104k | £160k | £130k |
| Profit per employee | £6k | £14.1k | £27.9k | £14.3k |
| Cash conversion | −195.3% | −165.9% | −83.8% | −99.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲33.3% | ▲51.3% | ▼20% |
| Profit growth | — | ▲134.8% | ▲96.2% | ▼49.9% |
| Headcount growth | — | 0% | ▼1% | ▼2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £644k | £1.2m | £2.9m | £1.6m |
| Net assets | £1.9m | £2.7m | £4.7m | £5.1m |
| Fixed assets | £1.5m | £2.6m | £2.8m | £2.7m |
| Current assets | £6.2m | £5.4m | £8.8m | £7m |
| Debtors | £4m | £2.3m | £3.8m | £2.7m |
| Deferred income | £3m | £2.4m | £2.2m | £443k |
| Cash from operations | −£1.6m | −£2.9m | −£3m | −£1.8m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 11%
- Profit ÷ revenue.
- Gross margin
- 31.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £130k
- Revenue ÷ average employees.
- Profit per employee
- £14.3k
- Profit ÷ average employees.
- Cash conversion
- −99.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲10%
- Now £5.1m
- Cash at bank
- ▼45%
- Now £1.6m
- Headcount
- ▼2%
- Now 97
- Deferred income
- ▼79%
- Now £443k
- Fixed assets
- ▼3%
- Now £2.7m
Group structure
Ownership chain
- Diamond Engineering Group Ltdultimate parent50–75%
- Diamond Engineering Services Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.4m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.