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Duo Group (U.K.) Ltd

05167242

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SISKIN DRIVE, COVENTRY, CV3 4FJ
Incorporated 30/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Simon John Hall

director · Since 30/09/2019

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 6 other boards

Mr Martin Francis Mcwilliams

director · Since 30/09/2019

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 7 other boards

Persons with Significant Control

Pt Mcwilliams Group Ltd

75–100% shares
75–100% votes
Appoint directors

17 Clarendon Road, Belfast, United Kingdom, BT1 3BG

Reg: Ni682065 · Northern Ireland · Private Limited By Shares

Notified 19/06/2023

Former PSCs

Mr Keith Edward Darch

Ceased 07/10/2020

Mr Patrick Doran

Ceased 19/06/2023

Patriot Fjarfesting Ehf

Ceased 19/06/2023

Mr Owen Stanley Bolt

Ceased 27/09/2019

Mr Martin Francis Mcwilliams

Ceased 19/06/2023

Charges2 outstanding

Charge
satisfied

SHAWBROOK BANK LTD

Created 22/12/2016Registered 23/12/2016Satisfied 20/01/2025
Charge
satisfied

PARAGON BANK BUSINESS FINANCE PLC

Created 04/05/2016Registered 06/05/2016Satisfied 20/01/2025
Charge
satisfied

PARAGON BANK BUSINESS FINANCE PLC

Created 05/04/2016Registered 06/04/2016Satisfied 20/01/2025
Charge
satisfied

UNITED TRUST BANK LTD

Created 30/11/2015Registered 05/12/2015Satisfied 20/01/2025
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD · HSBC ASSET FINANCE (UK) LTD

Created 24/12/2014Registered 24/12/2014Satisfied 20/01/2025
Charge
outstanding

HSBC BANK PLC

Created 28/11/2014Registered 01/12/2014
charge
satisfied

SOCIETE GENERALE EQUIPMENT FINANCE LIMITED

Created 20/04/2012Registered 21/04/2012
charge
outstanding

DEUTSCHE LEASING (UK) LTD

Created 04/01/2012Registered 05/01/2012
charge
satisfied

LLOYDS TSB BANK PLC (THE BANK)

Created 12/08/2011Registered 16/08/2011Satisfied 09/11/2015
charge
satisfied

LLOYDS TSB BANK PLC

Created 09/08/2011Registered 16/08/2011Satisfied 21/10/2015
charge
satisfied

DEUTSCHE LEASING (UK) LTD

Created 05/04/2011Registered 07/04/2011Satisfied 10/09/2025

CompanyRankvs 31809+ SIC 74909 peers
30

Financial strength30th percentile among SIC peers · 8/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength8/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/06/2024

Turnover

£15k

Annual revenue

Net Worth

£100

Balance sheet strength

Cash

£34

Cash in the bank

Profit Before Tax

-£5k

Bottom line earnings

Net Current Assets

-£603k

Working capital

Current Assets

£333k

Current Liabilities

£936k

Debtors

£333k

Gross Profit

£15k

Admin Expenses

£7k

Operating Profit

£9k

Profit After Tax

-£5k

2avg. employees

People Costs(2020)

Wages & salaries£2.9M
NI contributions£148k

Balance Sheet

Assets less current liabilities-£352k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.36
2022-£830k
2021+£1.3M
20200.37+£126k
20190.40

Derived from filed accounts. Not audited figures.