DIAMOND TRANSMISSION CORPORATION LIMITED

MID CITY PLACE, 71 HIGH HOLBORN, LONDON, WC1V 6BA

Company Number: 08483128
Incorporation date: 11-Apr-2013
Status: Active
Entity type: Private Limited Company

SIC codes:
35120 Transmission of electricity

SUMMARY

This company is 11 years old and is currently active. It is controlled by Mitsubishi Corporation. The company has positive equity (net assets) of GBP 147.1 million which has decreased from the previous year's figure of GBP 268.2 million. The latest reported revenue figure is GBP 2.1 million which is up 170% on previous year's figure of GBP 766 thousand. The company has 4 active officers (directors or partners) who are or were officers of 4 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 31-Dec-2024
Accounts Filed: FULL (31-Mar-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax
31-Mar-2020	GBP	2,051,000	-2,578,000	7,394,000	30,000	-1,168,000
31-Mar-2019	GBP	766,000	-3,234,000	5,983,000		9,000
31-Mar-2018	GBP	322,654	-3,088,209	5,997,351		-536,328

Balance Sheet Financials:

Year end	Currency	Current Assets	Current Liabilities	Share Capital	Retained Earnings	Net Assets
31-Mar-2020	GBP	30,719,000	5,263,000	118,441,000	28,663,000	147,104,000
31-Mar-2019	GBP	22,077,000	3,782,000	118,441,000	149,743,000	268,184,000
31-Mar-2018	GBP	28,580,005	3,238,581	118,440,835	144,040,984	262,481,819

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Mar-2019	GBP	0.00%	165	118,440,835	118,441,000	118,440,918

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)

No information on secretary appointments

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Yoshiaki HASEGAWA	20 May 2023		Director	Japanese	1 - 0	0 (0.0%)
Active	Tatsuki MATSUDA	01 Apr 2023		Director	Japanese	1 - 0	0 (0.0%)
Active	Akihiro YOSHIMI	01 Apr 2023		Director	Japanese	4 - 0	0 (0.0%)
Resigned	Yumi HAYASHIBARA	01 May 2022	20 May 2023	Director	Japanese	0 - 1	0 (0.0%)
Active	Shigeru INANO	01 Apr 2021		Director	Japanese	2 - 0	0 (0.0%)
Resigned	Choei TANNO	18 Jan 2021	01 Apr 2023	Director	Japanese	0 - 1	0 (0.0%)
Resigned	Kentaro FUKUHARA	01 Aug 2019	25 Sep 2020	Director	Japanese	0 - 2	0 (0.0%)
Resigned	Naoto KINOSHITA	10 May 2019	01 Apr 2023	Director	Japanese	0 - 3	1 (33.3%)
Resigned	Hiroko NIWA	26 Mar 2019	01 Aug 2019	Director	Japanese	0 - 4	1 (25.0%)
Resigned	Yasushi UMEMURA	01 May 2017	31 Mar 2020	Director	Japanese	0 - 15	4 (26.7%)
Resigned	Kazuyoshi KAWAKAMI	01 May 2017	26 Mar 2019	Director	Japanese	0 - 1	0 (0.0%)
Resigned	Hiromasa IHARA	01 Apr 2016	26 Mar 2018	Director	Japanese	0 - 13	0 (0.0%)
Resigned	Masanobu MURAMIYA	01 Apr 2016	01 Apr 2021	Ceo & Managing Director	Japanese	0 - 6	2 (33.3%)
Resigned	Akihiro KUROSAWA	13 May 2015	01 May 2017	Company Executive	Japanese	0 - 6	1 (16.7%)
Resigned	Masanori KOHAMA	11 Apr 2013	01 Apr 2016	Ceo & Managing Director	Japanese	0 - 8	1 (12.5%)
Resigned	Masami SAEKI	11 Apr 2013	17 Jun 2016	Director	Japanese	0 - 12	3 (25.0%)
Resigned	Yoshihiro IWASAKI	11 Apr 2013	01 Apr 2016	Executive Vice President & Managing Director	Japanese	0 - 1	0 (0.0%)
Resigned	Satoshi IWAI	11 Apr 2013	20 Mar 2015	Director	Japanese	0 - 6	1 (16.7%)
Resigned	Aiichiro MATSUNAGA	11 Apr 2013	01 Mar 2014	Director	Japanese	0 - 2	1 (50.0%)

Number of active directors: 4
Average tenure of active directors: 1.5 years
Average tenure of resigned directors: 2.3 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Yoshiaki HASEGAWA	Tatsuki MATSUDA	Akihiro YOSHIMI	Shigeru INANO
TRILAND METALS LIMITED (01011637) - Active			✔
MITSUBISHI CORPORATION FINANCE PLC (01865061) - Active			✔
MITSUBISHI CORPORATION INTERNATIONAL (EUROPE) PLC (02214224) - Active			✔
DIAMOND TRANSMISSION CORPORATION LIMITED (08483128) - Active	✔	✔	✔	✔
DIAMOND TRANSMISSION UK LIMITED (12280960) - Active				✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2018-04-11	2016-04-11	2015-04-11	2014-04-11
MITSUBISHI CORPORATION	ORDINARY	125,707,033 50%	364,161,440 50%	351,161,440 50%	334,461,440 50%
MITSUBISHI CORPORATION	ORDINARY	125,707,033 50%	364,161,440 50%	351,161,440 50%	334,461,440 50%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2020-04-12	2019-10-30	2019-04-12	2018-04-12	2017-10-30
DIAMOND TRANSMISSION CORPORATION LIMITED	ORDINARY	1,000 66.2%	1,020,000 100%	449,999 100.0%	899,999 100.0%	1 100%
DIAMOND TRANSMISSION CORPORATION LIMITED	ORDINARY	510 33.8%	0 0%	1 0.000%	1 0.000%	0 0%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Mitsubishi Corporation (0100-01-008771 - Japan) active

Controlling entities above

DIAMOND TRANSMISSION CORPORATION LIMITED

Controlled companies below

25-50%:BLUE TRANSMISSION WALNEY 1 (HOLDINGS) LIMITED (07353250 - UK) active
- >75%:BLUE TRANSMISSION WALNEY 1 LIMITED (07353265 - UK) active
25-50%:BLUE TRANSMISSION WALNEY 2 (HOLDINGS) LIMITED (07795885 - UK) active
- >75%:BLUE TRANSMISSION WALNEY 2 LIMITED (07753568 - UK) active
>75%:DIAMOND TRANSMISSION PARTNERS RB (HOLDINGS) LIMITED (10454309 - UK) ceased
- >75%:DIAMOND TRANSMISSION PARTNERS RB LIMITED (10457056 - UK) active
>75%:DIAMOND TRANSMISSION PARTNERS RAMPION (HOLDINGS) LIMITED (10454354 - UK) active
- >75%:DIAMOND TRANSMISSION PARTNERS RAMPION LIMITED (10456966 - UK) active
>75%:DIAMOND TRANSMISSION PARTNERS DUDGEON (HOLDINGS) LIMITED (10454382 - UK) active
- >75%:DIAMOND TRANSMISSION PARTNERS DUDGEON LIMITED (10457006 - UK) active
25-50%:BLUE TRANSMISSION LONDON ARRAY (HOLDINGS) LIMITED (08275827 - UK) active
- >75%:BLUE TRANSMISSION LONDON ARRAY LIMITED (08275752 - UK) active
>75%:DIAMOND TRANSMISSION PARTNERS WALNEY EXTENSION (HOLDINGS) LIMITED (10725211 - UK) ceased
- >75%:DIAMOND TRANSMISSION PARTNERS WALNEY EXTENSION LIMITED (10726538 - UK) active
50%-75%:DIAMOND TRANSMISSION PARTNERS GALLOPER (HOLDINGS) LIMITED (10725390 - UK) ceased
- >75%:DIAMOND TRANSMISSION PARTNERS GALLOPER LIMITED (10726070 - UK) active
25-50%:DIAMOND TRANSMISSION PARTNERS BBE (HOLDINGS) LIMITED (10121746 - UK) ceased
- >75%:DIAMOND TRANSMISSION PARTNERS BBE LIMITED (10122057 - UK) active
25-50%:BLUE TRANSMISSION SHERINGHAM SHOAL (HOLDINGS) LIMITED (08085637 - UK) active
- >75%:BLUE TRANSMISSION SHERINGHAM SHOAL LIMITED (08085795 - UK) active
>75%:DIAMOND TRANSMISSION PARTNERS BEATRICE (HOLDINGS) LIMITED (12005624 - UK) active
- >75%:DIAMOND TRANSMISSION PARTNERS BEATRICE LIMITED (12006723 - UK) active
>75%:DIAMOND TRANSMISSION PARTNERS HORNSEA ONE (HOLDINGS) LIMITED (12005698 - UK) ceased
- >75%:DIAMOND TRANSMISSION PARTNERS HORNSEA ONE LIMITED (12006626 - UK) active
>75%:DIAMOND TRANSMISSION UK LIMITED (12280960 - UK) active
- 25-50%:DIAMOND TRANSMISSION PARTNERS BBE (HOLDINGS) LIMITED (10121746 - UK) active
  - >75%:DIAMOND TRANSMISSION PARTNERS BBE LIMITED (10122057 - UK) active
- 50%-75%:DIAMOND TRANSMISSION PARTNERS RB (HOLDINGS) LIMITED (10454309 - UK) active
  - >75%:DIAMOND TRANSMISSION PARTNERS RB LIMITED (10457056 - UK) active
- 50%-75%:DIAMOND TRANSMISSION PARTNERS GALLOPER (HOLDINGS) LIMITED (10725390 - UK) active
  - >75%:DIAMOND TRANSMISSION PARTNERS GALLOPER LIMITED (10726070 - UK) active
- 50%-75%:DIAMOND TRANSMISSION PARTNERS WALNEY EXTENSION (HOLDINGS) LIMITED (10725211 - UK) active
  - >75%:DIAMOND TRANSMISSION PARTNERS WALNEY EXTENSION LIMITED (10726538 - UK) active
>75%:DIAMOND TRANSMISSION PARTNERS EAST ANGLIA ONE (HOLDINGS) LIMITED (12424006 - UK) active
- >75%:DIAMOND TRANSMISSION PARTNERS EAST ANGLIA ONE LIMITED (12424809 - UK) active
>75%:DIAMOND TRANSMISSION PARTNERS HORNSEA TWO (HOLDINGS) LIMITED (14059339 - UK) active
- >75%:DIAMOND TRANSMISSION PARTNERS HORNSEA TWO LIMITED (14059418 - UK) active

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 35120 Transmission of electricity)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
SCOTTISHPOWER ENERGY MANAGEMENT LIMITED	320 ST. VINCENT STREET, GLASGOW, SCOTLAND, G2 5AD	SC215843	2017-12-31	5,248,300,000	-25,800,000	35220-Distribution of gaseous fuels through mains
NATIONAL GRID ELECTRICITY TRANSMISSION PLC	1 - 3 STRAND, LONDON, WC2N 5EH	02366977	2018-03-31	4,158,000,000	689,000,000
SCOTTISHPOWER ENERGY RETAIL LIMITED	320 ST. VINCENT STREET, GLASGOW, SCOTLAND, G2 5AD	SC190287	2017-12-31	3,770,100,000	-14,800,000	35220-Distribution of gaseous fuels through mains
NPOWER NORTHERN LIMITED	C/O NPOWER LIMITED, WESTWOOD WAY, WESTWOOD BUSINESS PARK, COVENTRY, ENGLAND, CV4 8LG	03432100	2017-12-31	1,889,000,000	-104,000,000
SP TRANSMISSION PLC	320 ST. VINCENT STREET, GLASGOW, SCOTLAND, G2 5AD	SC189126	2017-12-31	338,100,000	149,100,000
SCOTTISH HYDRO ELECTRIC TRANSMISSION PLC	INVERALMOND HOUSE, 200 DUNKELD ROAD, PERTH, PH1 3AQ	SC213461	2018-03-31	325,800,000	131,100,000
NORTHERN IRELAND ELECTRICITY NETWORKS LIMITED	120 MALONE ROAD, BELFAST, BT9 5HT	NI026041	2018-12-31	275,800,000	55,000,000	35130-Distribution of electricity
NPOWER YORKSHIRE LIMITED	C/O NPOWER LIMITED, WESTWOOD WAY, WESTWOOD BUSINESS PARK, COVENTRY, ENGLAND, CV4 8LG	03937808	2017-12-31	151,379,000	-23,613,000
BRITNED DEVELOPMENT LIMITED	1-3 STRAND, LONDON, WC2N 5EH	04251409	2017-12-31	145,700,000	89,800,000
NATIONAL GRID INTERCONNECTORS LIMITED	1-3 STRAND, LONDON, WC2N 5EH	03385525	2018-03-31	86,753,000	52,920,000
ENEL X UK LIMITED	EPWORTH HOUSE, 25 CITY ROAD, LONDON, ENGLAND, EC1Y 1AA	06937931	2017-12-31	5,059,469	0	46180-Agents specialized in the sale of other particular products
HARGRAVE CONSULTING LIMITED	2 CROSSFIELDS, ST. ALBANS, HERTFORDSHIRE, AL3 4NF	04245286	2017-12-31	175,335	0	42220-Construction of utility projects for electricity and telecommunications
PRO-FIT CONTRACTORS LTD	76 LEATFIELD DRIVE, DERRIFORD, PLYMOUTH, UNITED KINGDOM, PL6 5HL	09488934	2018-03-31	168,456	0
CHRIS HEZLETT LTD	SUITE 3 GRAPES HOUSE, 79A HIGH STREET, ESHER, ENGLAND, KT10 9QA	08423711	2018-02-28	94,719	0
SCARLETTE HAZE LTD	15 ESSENDINE ROAD, MAIDA VALE, LONDON, W9 2LT	08485909	2018-04-30	23,352	0
FS PORT OF TYNE LIMITED	C/O GRESHAM HOUSE ASSET MANAGEMENT LIMITED, 5 NEW STREET SQUARE, LONDON, ENGLAND, EC4A 3TW	10272711	2018-10-31	0	0	35130-Distribution of electricity 42220-Construction of utility projects for electricity and telecommunications 96090-Other service activities not elsewhere classified
HERITAGE ENERGY LIMITED	31B ENTERPRISE WAY ENTERPRISE WAY, THORNTON ROAD INDUSTRIAL ESTATE, PICKERING, NORTH YORKSHIRE, YO18 7NA	07338760	2018-08-31	0	0
KUBON LIMITED	1 ROSEGARTH, SLYNE, LANCASTER, LA2 6AT	09107737	2018-06-30	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
DIAMOND TRANSMISSION CORPORATION LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.4%	1.7%	3.3%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.5%	1.8%	3.9%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium