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Duo Systems Ltd

12715303

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 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

30/06/2025

full

Next accounts due

31/03/2027

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 35

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 28977+ SIC 43220 peers
20

Financial strength0th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.6× · 6/20
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.

Employees13/15 pts

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

Liquidity6/20 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

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 concern are d

Key FinancialsYear ending 30/06/2025

Net Worth

-£449k

Balance sheet strength

Cash

£25

Cash in the bank

Profit Before Tax

£151k

Bottom line earnings

Net Current Assets

-£490k

Working capital

Current Assets

£741k

Current Liabilities

£1.2M

Fixed Assets

£44k

Debtors

£710k

Admin Expenses

£666k

Profit After Tax

£132k

5avg. employees+2

Tax at Year End

Corp tax£64k

Balance Sheet

Assets less current liabilities-£446k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.60+£132k
20240.48

Derived from filed accounts. Not audited figures.