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Company No. 06837452 · Incorporated 5 Mar 2009

Diamond Engineering Services Ltd

Registered name: DIAMOND ENGINEERING SERVICES LTD

Part of Diamond Engineering Group Ltd group

Diamond 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”

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed
Revenue
£12.6m
Growth ▼20%
Profit
£1.4m
Growth ▼49.9%
Profit margin
11%
Gross 31.1%
Employees
97
Change ▼2%
Profit / employee
£14.3k
Revenue/employee £130k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull 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)1001009997
Ratios
Profit margin7.7%13.5%17.5%11%
Gross margin27.3%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
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

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.
Indirect — not revenue

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
Corporate ownership

Group structure

Ownership chain

  1. Diamond Engineering Group Ltdultimate parent50–75%
  2. 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.