DUCO TECHNOLOGY LIMITED

1. DUCO TECHNOLOGY LIMITED 2016-01-22 → present
2. MODEL TWO ZERO LIMITED 2006-01-24 → 2016-01-22

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

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

1. DUCO TECHNOLOGY LIMITED · parent
   1. Duco Technology Inc 100% · USA
   2. Duco Technology Poland sp. z.o.o. 100% · Poland
   3. Duco Technology Pte. Ltd 100% · Singapore
   4. Metamaze BV 100% · 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 and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -12.2%

  £5,341,986 → £4,692,881

• Net assets

  —

  Not reported

• Employees

  -15%

  100 → 85

• Wages

  -16.4%

  £10,663,648 → £8,915,689

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers