UK Companies House feature
DUCO TECHNOLOGY LIMITED
Cash
£5M
-12.2% vs 2024
Net assets
-£7M
-19.2% vs 2024
Employees
85
-15% vs 2024
Profit before tax
—
Period ending 2025-03-31
Profile
- Company number
- 05686389
- Status
- Active
- Incorporation
- 2006-01-24
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 62012
Cash
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | -£2,156,837 | -£1,317,024 | |
| Cash | — | £5,341,986 | £4,692,881 | |
| Total assets less current liabilities | — | -£6,094,046 | -£7,265,268 | |
| Net assets | — | — | — | |
| Equity | -£46,690,868 | -£6,094,046 | -£7,265,268 | |
| Average employees | — | 100 | 85 | |
| Wages | — | £10,663,648 | £8,915,689 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- 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.”
Subsidiaries
- Duco Technology Inc · 100% held · USA
- Duco Technology Poland sp. z.o.o. · 100% held · Poland
- Duco Technology Pte. Ltd · 100% held · Singapore
- Metamaze BV · 100% held · Belgium
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 / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. 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 |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory