DUCO TECHNOLOGY LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-07 (in 9mo)
Last made up 2026-01-24
Watchouts
None on the register
Cash
£6M
-19.3% vs 2024
Net assets
-£6M
-26.9% vs 2024
Employees
217
-1.8% vs 2024
Profit before tax
-£2M
-32.9% vs 2024
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £30,120,146 | £33,685,702 | |
| Operating profit | — | -£1,476,573 | -£1,960,687 | |
| Profit before tax | — | -£1,472,801 | -£1,957,175 | |
| Net profit | — | -£1,860,299 | -£1,799,044 | |
| Cash | — | £7,396,051 | £5,965,740 | |
| Total assets less current liabilities | — | -£3,961,562 | -£5,507,308 | |
| Net assets | — | -£4,341,101 | -£5,507,308 | |
| Equity | -£46,690,868 | -£4,341,101 | -£5,507,308 | |
| Average employees | — | 221 | 217 | |
| Wages | — | £21,930,164 | £19,390,026 | |
| Directors' remuneration | — | £175,000 | £315,813 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+11.8%
£30,120,146 £33,685,702
-
Cash
-19.3%
£7,396,051 £5,965,740
-
Net assets
-26.9%
-£4,341,101 -£5,507,308
-
Employees
-1.8%
221 217
-
Operating profit
-32.8%
-£1,476,573 -£1,960,687
-
Profit before tax
-32.9%
-£1,472,801 -£1,957,175
-
Wages
-11.6%
£21,930,164 £19,390,026
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | — | -4.9% | -5.8% | |
| Net margin | — | -6.2% | -5.3% | |
| Return on capital employed | — | 37.3% | 35.6% | |
| Current ratio | — | 0.44x | 0.37x | |
| Interest cover | — | -825.36x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- DUCO TECHNOLOGY LIMITED 2016-01-22 → present
- MODEL TWO ZERO LIMITED 2006-01-24 → 2016-01-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“We maintain sufficient liquidity to support ongoing operations and any future contractual obligations. Our cash reserves, combined with access to revolving credit lines, ensure that we are well-positioned to manage both operational needs and growth opportunities. Additionally, our financial strategy includes prudent cash flow management and robust financial planning to ensure continued viability. Following consideration of extensive planning and scenario analysis, the directors consider that adequate funding has been raised in order for the group to continue to achieve planned growth levels without further capital requirements. The entity will have adequate resources to operate i.e., discharge its obligations for a period of at least 12 months from date of signing. Accordingly, the accounts are prepared on a going concern basis. The financial statements do not reflect any adjustments that would be required should such funding not prove adequate.”
Group structure
- DUCO TECHNOLOGY LIMITED · parent
- Duco Technology Inc 100%
- Duco Technology Poland sp. z.o.o. 100%
- Duco Technology Pte. Ltd 100%
- Metamaze BV 100%
Significant events
- “FY25 was a year of transition for Duco, primarily driven by a go-to-market (GTM) restructuring, effectively a reset year for us.”
- “During the year ended 31 March 2025, we completed the migration of all customers to AWS, integrated Metamaze both organisationally and technically into the Duco platform, and rearchitected core components of the platform to achieve greater efficiency.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NENTWICH, Christian | Director | 2006-01-24 | Nov 1977 | Austrian |
| PRICE, Danielle Elizabeth | Director | 2024-08-27 | Jul 1982 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DILMAGHANIAN, Ramin | Secretary | 2006-01-24 | 2006-07-01 |
| KENNEDY, Kevin Michael | Secretary | 2006-07-01 | 2010-05-24 |
| BARCLAY, Lorraine Emma | Director | 2014-05-12 | 2018-01-19 |
| BEESTON, Mark Ian | Director | 2014-05-12 | 2018-02-07 |
| BEESTON, Mark Ian | Director | 2012-11-23 | 2014-01-31 |
| CONDE, Cristobal | Director | 2020-12-28 | 2021-08-02 |
| GIBSON, Steve | Director | 2011-12-22 | 2019-03-28 |
| LAKE, Spencer George | Director | 2018-11-12 | 2021-08-02 |
| MARCONI, Michael Anthony | Director | 2010-05-29 | 2018-01-19 |
| SOBILOFF, Peter Brian | Director | 2018-01-19 | 2021-08-02 |
| WOLBERG, Kirsten Osgood | Director | 2020-10-01 | 2021-08-02 |
| ZBORIL, Brian Harold | Director | 2019-03-28 | 2021-08-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Duco Technology Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-08-02 | Active |
| Mr Jeff Horing | Individual | Significant influence | 2018-01-23 | Ceased 2021-08-02 |
| Nex Optimisation Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-08-02 |
| Mr Michael Anthony Marconi | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-01-23 |
| Dr Christian Nentwich | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-01-23 |
Filing timeline
Last 20 of 140 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-05 | AA | accounts | Accounts with accounts type group | |
| 2025-06-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-26 | AA | accounts | Accounts with accounts type group | |
| 2024-09-03 | CH01 | officers | Change person director company with change date | |
| 2024-08-27 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-27 | CH01 | officers | Change person director company with change date | |
| 2024-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-06 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-02-29 | SH01 | capital | Capital allotment shares | |
| 2024-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-12 | AA | accounts | Accounts with accounts type group | |
| 2024-01-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-02-15 | AA | accounts | Accounts with accounts type group | |
| 2023-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-05 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.