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Duo Systems Ltd

12715303

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BROADSWORD HOUSE 316-318 SALISBURY ROAD, SOUTHAMPTON, SO40 3ND
Incorporated 02/07/2020

Compliance

Last accounts

30/06/2024

small

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 30/01/2026

Due 13/02/2027

On track

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Tom David Howse

director · Since 02/07/2020

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 45

Also on 10 other boards

Mr Neil Nicolas Iacobucci

director · Since 01/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 47

Mr Jonathan David Moran

director · Since 30/01/2026

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Persons with Significant Control

Code 9 Management Limited

25–50% shares
25–50% votes
Appoint directors

Tagus House, 9 Ocean Way, Southampton, SO14 3TJ

Reg: 10241396 · England · Limited Company

Notified 30/01/2026

Bucchinc Ltd

25–50% shares
25–50% votes
Appoint directors

Unit 29, Highcroft Industrial Estate, Waterlooville, PO8 0BT

Reg: 12712388 · England · Limited Company

Notified 30/01/2026

Former PSCs

Broadsword Group Limited

Ceased 30/01/2026

Bucchinc Ltd

Ceased 11/08/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/04/2025Registered 22/04/2025

CompanyRankvs 30744+ SIC 43220 peers
15

Financial strength0th percentile among SIC peers · 0/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees12/15 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.

Longevity6/15 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

the ability to continue as a going concern for a period of 12 months from the date of approving these financial statements. 1.3 Reporting period The current year financial statements are presented for a period longer than one full year due to

Key FinancialsYear ending 30/06/2024

Net Worth

-£582k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£583k

Working capital

Current Assets

£543k

Current Liabilities

£1.1M

Fixed Assets

£2k

Debtors

£512k

3avg. employees

Balance Sheet

Assets less current liabilities-£581k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48-£521k
20220.90+£136k
20210.50
20200.40

Derived from filed accounts. Not audited figures.