Duco Technology Limited
05686389
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/01/2006
DIRECTOR
AUSTRIAN · ENGLAND · Age 48
Also on 3 other boards
director · Since 27/08/2024
CHIEF FINANCIAL OFFICER
BRITISH · ENGLAND · Age 43
Also on 1 other board
Persons with Significant Control
Duco Technology Holding Limited
Forum 4 C/O Aztec Financial Services (Uk) Limited, Solent Business Park, Parkway South, Fareham, PO15 7AD
Reg: 13194800 · Companies House · Private Company Limited By Shares
Notified 02/08/2021
Former PSCs
Mr Michael Anthony Marconi
Ceased 23/01/2018
Nex Optimisation Limited
Ceased 02/08/2021
Dr Christian Nentwich
Ceased 23/01/2018
Mr Jeff Horing
Ceased 02/08/2021
Charges3 outstanding
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CompanyRankvs 31385+ SIC 62012 peers23
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
-£5.5M
Balance sheet strength
Cash
£6.0M
Cash in the bank
Net Current Assets
-£30.1M
Working capital
Current Assets
£9.2M
Current Liabilities
£39.3M
Fixed Assets
£22.8M
Debtors
£8.9M
Admin Expenses
£28.4M
Profit After Tax
-£1.8M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.23 |
Derived from filed accounts. Not audited figures.