DUO PACKAGING GROUP LIMITED
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Cash
£391K
highest in 6 filed years
Net assets
-£1.1M
lowest in 6 filed years
Employees
115
Average over period
Profit before tax
-£2M
Period ending 2025-06-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £30,851,734 | £43,161,010 | £29,916,657 | — | |
| Operating profit | — | — | — | -£659,113 | -£1,702,051 | -£1,560,629 | — | |
| Profit before tax | — | — | — | -£884,123 | -£2,376,210 | -£2,018,295 | — | |
| Net profit | £606,078 | £1,677,818 | £1,381,187 | -£731,119 | -£2,497,736 | -£1,716,645 | — | |
| Cash | £11,022 | £10,922 | £11,431 | £206,552 | £29,428 | £391,231 | — | |
| Total assets less current liabilities | £2,551,338 | £3,296,386 | £3,093,131 | £6,586,151 | £3,266,696 | £1,450,124 | — | |
| Net assets | £2,038,459 | £3,108,278 | £3,093,131 | £3,960,594 | £785,338 | -£1,129,974 | — | |
| Equity | £2,038,459 | £3,108,278 | £3,603,905 | £3,960,594 | £785,338 | -£1,129,974 | — | |
| Average employees | 0 | 0 | 0 | 101 | 160 | 115 | — | |
| Wages | £0 | £0 | £0 | £3,705,692 | £6,099,092 | £4,495,954 | — | |
| Directors' remuneration | — | — | — | £639,648 | £757,759 | £484,451 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 18 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -2.1% | -3.9% | -5.2% | |
| Net margin | — | — | — | -2.4% | -5.8% | -5.7% | |
| Return on capital employed | — | — | — | -10.0% | -52.1% | -107.6% | |
| Gearing (liabilities / total assets) | — | — | — | 79.9% | 95.6% | 109.1% | |
| Current ratio | — | — | — | 1.02x | 0.81x | 0.71x | |
| Interest cover | — | — | — | -2.84x | -2.50x | -3.38x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified 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.”
Group structure
- DUO PACKAGING GROUP LIMITED · parent
- Duo Plastics Limited 100%
- Duo Packaging GmbH 100%
Significant events
- “During the year there has been a significant event with the closure of Duclo Recycling Limited in May 2025. Duclo was a Group funded start up, converting scrap plastics into re-useable polymer pellets.”
- “Attempts to sell the business in the winter of 2024/25 eventually failed, leaving the directors with no other option than to close the business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRIMELOW, Anthony Michael | Director | 2014-10-15 | Apr 1976 | British |
| BRIMELOW, Dale Barrington | Director | 2014-10-15 | Mar 1979 | British |
| BRIMELOW, David Philip | Director | 2014-12-19 | Dec 1954 | British |
| BRIMELOW, Zoe Anne | Director | 2015-01-02 | Apr 1984 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HENDERSON, Martin Paul | Director | 2022-09-08 | 2023-07-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Anthony Michael Brimelow | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Mr Dale Barrington Brimelow | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 54 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-30 | AA | accounts | Accounts with accounts type group | |
| 2026-03-04 | AA | accounts | Accounts with accounts type group | |
| 2025-10-18 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-13 | DISS16(SOAS) | dissolution | Dissolved compulsory strike off suspended | |
| 2025-05-27 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-04-23 | CH01 | officers | Change person director company with change date | |
| 2024-10-30 | ANNOTATION | miscellaneous | Legacy | |
| 2024-10-16 | CH01 | officers | Change person director company with change date | |
| 2024-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-09-28 | AA | accounts | Accounts with accounts type group | |
| 2023-07-21 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type group | |
| 2022-09-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-26 | CH01 | officers | Change person director company with change date | |
| 2022-04-26 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.