DUVELCO LIMITED
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Next accounts due
2027-01-31 (in 8mo)
Last filed for 2025-04-30
Confirmation statement due
2027-02-05 (in 9mo)
Last made up 2026-01-22
Watchouts
None on the register
Cash
£2K
+1,838.3% vs 2024
Net assets
-£611K
-1,885.1% vs 2024
Employees
12
+20% vs 2024
Profit before tax
-£858K
-231.5% vs 2024
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2025-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£252,899 | -£852,668 | |
| Profit before tax | -£258,869 | -£858,189 | |
| Net profit | -£193,880 | -£645,706 | |
| Cash | £107 | £2,074 | |
| Total assets less current liabilities | £493,516 | £596 | |
| Net assets | £34,254 | -£611,452 | |
| Equity | £34,254 | -£611,452 | |
| Average employees | 10 | 12 | |
| Wages | £352,002 | £508,193 | |
| Directors' remuneration | £121,696 | £82,857 |
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 2025-04-30 vs 2024-04-30
-
Turnover
—
Not reported
-
Cash
+1,838.3%
£107 £2,074
-
Net assets
-1,885.1%
£34,254 -£611,452
-
Employees
+20%
10 12
-
Operating profit
-237.2%
-£252,899 -£852,668
-
Profit before tax
-231.5%
-£258,869 -£858,189
-
Wages
+44.4%
£352,002 £508,193
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 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Return on capital employed | -51.2% | -143065.1% | |
| Current ratio | 0.16x | 0.13x | |
| Interest cover | -42.36x | -154.44x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- 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.”
Significant events
- “The Company has incurred a pre-tax loss of £858,189, compared with a loss of £258,869 in 2024. As anticipated, these figures reflect the Company's ongoing efforts in completing its polymer production process and facility. During the year, the Company commenced the commissioning of the facility and started producing material.”
- “For the year ended 30 April 2025, the research and development focused primarily on further developing the products that are already manufactured by the Company. Alongside the commissioning of the production plant, the Company has been developing additional chemical formulations of polyimide.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARTIN, Jenny Louise | Secretary | 2020-01-23 | — | — |
| CARTWRIGHT, Beth | Director | 2022-05-30 | Apr 1989 | British |
| GOODWIN, Bernard Rafe Ernest | Director | 2020-01-23 | Jul 1986 | British |
| GOODWIN, Matthew Stanley | Director | 2020-01-23 | Jun 1981 | British |
| GOODWIN, Simon Robert | Director | 2020-01-23 | Aug 1983 | British |
| GOODWIN, Timothy John William | Director | 2020-01-23 | Apr 1990 | British |
| LEWIS, Geoffrey Philip | Director | 2025-10-02 | Aug 1963 | British |
| MARSH, John Edward | Director | 2020-01-23 | Aug 1966 | British |
| PALIN, Michael Gerard, Dr | Director | 2020-01-23 | Jan 1967 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| THOMSON, Alexander | Director | 2020-01-23 | 2023-10-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Goodwin Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-01-23 | Active |
Filing timeline
Last 20 of 20 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | SH01 | capital | Capital allotment shares | |
| 2026-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-14 | AA | accounts | Accounts with accounts type full | |
| 2025-10-10 | CH01 | officers | Change person director company with change date | |
| 2025-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-15 | AA | accounts | Accounts with accounts type full | |
| 2024-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-19 | AA | accounts | Accounts with accounts type full | |
| 2023-10-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-18 | AA | accounts | Accounts with accounts type full | |
| 2022-08-17 | CH01 | officers | Change person director company with change date | |
| 2022-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-26 | AA | accounts | Accounts with accounts type full | |
| 2021-03-24 | CH01 | officers | Change person director company with change date | |
| 2021-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-17 | AA01 | accounts | Change account reference date company current extended | |
| 2020-01-23 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 1
- 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.