UK Companies House feature
DUCK CREEK TECHNOLOGIES LIMITED
Cash
£3M
-89.8% vs 2023
Net assets
£103M
+6% vs 2023
Employees
51
-5.6% vs 2023
Profit before tax
—
Period ending 2024-08-31
Profile
- Company number
- 10124977
- Status
- Active
- Incorporation
- 2016-04-14
- Last accounts made up
- 2024-08-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
10-year trend · vs UK AI & Enterprise SaaS median
Accounts
10-year trend · latest 2024-08-31
| Metric | Trend | 2019-08-31 | 2019-09-01 | 2020-08-31 | 2020-09-01 | 2021-08-31 | 2021-09-01 | 2022-08-31 | 2022-09-01 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £5,950,834 | — | £6,781,139 | — | £13,951,939 | — | — | — | — | — | |
| Operating profit | -£12,841,133 | — | -£12,316,809 | — | -£10,234,830 | — | — | — | — | — | |
| Profit before tax | -£6,794,124 | — | -£6,015,345 | — | -£4,184,827 | — | — | — | — | — | |
| Net profit | -£6,794,124 | — | -£6,015,345 | — | -£4,184,827 | — | -£10,779,091 | — | -£30,233,728 | £5,833,605 | |
| Cash | £585,904 | — | £4,126,872 | — | £5,297,884 | — | £33,030,386 | — | £25,218,310 | £2,576,705 | |
| Total assets less current liabilities | £148,747,760 | — | £142,771,654 | — | £139,242,268 | — | £202,858,064 | — | £172,613,014 | £156,946,619 | |
| Net assets | £148,679,232 | — | £142,670,039 | — | £138,491,360 | — | £127,858,064 | — | £97,613,014 | £103,446,619 | |
| Equity | £148,679,232 | £148,679,232 | £142,670,039 | £142,670,039 | £138,491,360 | £138,491,361 | £127,858,064 | £127,858,064 | £97,613,014 | £103,446,619 | |
| Average employees | 22 | — | 26 | — | 31 | — | 32 | — | 54 | 51 | |
| Wages | £2,414,276 | — | £2,965,331 | — | £3,661,484 | — | — | — | — | — |
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
- Nortons Assurance Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has obtained a letter of support from Disco Topco, Inc. its parent company. The directors of Disco Topco, Inc. have provided a commitment to provide any financial support which may be neccessary in order that the Company can meet its liabilities as they fall due for the foreseeable future. As a result of the above the directors of the Company have adopted the going concern basis in preparing these financial statements.”
Subsidiaries
- Duck Creek Technologies Pty Ltd · 100% held · Australia
- Duck Creek Technologies Spain, SL · 100% held · Spain
- Duck Creek Technologies India LLP · 100% held · India
- Effisoft SAS · 100% held · France
- Prima Solutions Belgium SA · 100% held · Belgium
- IMburse Ltd. · 100% held · UK
- IMburse AG · 100% held · Zürich
- IMburse Unipessoal Lda. · 100% held · Lisboa
- GIE Renovation · 50% held · France
Significant events
- “Subsequent to year-end, the Company completed the liquidation of one of its wholly-owned subsidiary - Effisoft UK Limited. In respect of another such subsidiary - Imburse Ltd, a strike-off application has been filed, and the Company is in the process of being struck off as of the date of this report. These actions form part of the Group's ongoing efforts to streamline its corporate structure.”
- “On 30 March 2023, the Company's parent company, Duck Creek Technologies, Inc., was acquired by Vista Equity Partners at which point the shares of Duck Creek Technologies, Inc. ceased to be listed on the Nasdaq.”
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
1 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCCLOSKEY, Christopher Edward | Director | 2023-07-19 | Sep 1975 | American |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FETHERSTON-DILKE, Timothy Hugh | Director | 2016-04-14 | 2016-08-01 |
| FOSTER, Matthew Robert | Director | 2016-08-01 | 2022-03-03 |
| HAIRE, Andrew Christopher | Director | 2016-04-14 | 2016-08-01 |
| JACKOWSKI, Michael Anthony | Director | 2016-08-01 | 2025-10-13 |
| VAN BIERT JR., Eugene Curtiss | Director | 2022-03-30 | 2023-04-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Robert Frederick Smith | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-03-30 | Active |
| Duck Creek Technologies, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-08-18 | Ceased 2023-03-30 |
| Andrew Guille | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-12-31 | Ceased 2020-08-18 |
| Simon Cresswell | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2016-08-01 | Ceased 2020-08-18 |
| Mrs Jacqueline Mary Le Maitre Ward | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-08-01 | Ceased 2020-08-18 |
| David Staples | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-08-01 | Ceased 2018-12-31 |
Filing timeline
Last 20 of 59 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-05 | TM01 | officers | termination director company with name termination date |
| 2025-09-18 | AD01 | address | change registered office address company with date old address new address |
| 2025-08-28 | AA | accounts | accounts with accounts type group |
| 2025-02-01 | AA | accounts | accounts with accounts type group |
| 2025-01-28 | SH02 | capital | capital alter shares consolidation |
| 2024-12-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-06 | CH01 | officers | change person director company with change date |
| 2024-11-14 | CH01 | officers | change person director company with change date |
| 2024-11-05 | DISS40 | gazette | gazette filings brought up to date |
| 2024-10-29 | GAZ1 | gazette | gazette notice compulsory |
| 2024-05-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-24 | AA | accounts | accounts with accounts type full |
| 2023-10-03 | AD04 | address | move registers to registered office company with new address |
| 2023-10-03 | AD01 | address | change registered office address company with date old address new address |
| 2023-08-02 | AP01 | officers | appoint person director company with name date |
| 2023-08-02 | TM01 | officers | termination director company with name termination date |
| 2023-06-19 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2023-06-19 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-06-07 | 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