Duo Group (u.k.) Ltd in Exeter, EX5 2UX

Description

Data updated on: 01-11-2023

Duo Group (u.k.) Ltd can be reached at Exeter at Silverdown House 5 Silverdown Office Park, Fair Oak Close. You can look up this business using the zip code - EX5 2UX. Duo Group (u.k.)'s incorporation dates back to year 2004. This business is registered under the number 05167242 and their status at the time is active. It has a history in registered name changing. In the past, this company had four other names. Up till 2021 this company was run as Duo Assets and before that its company name was Denbow Assets. The firm's registered with SIC code 74909 which stands for Other professional, scientific and technical activities not elsewhere classified. The most recent accounts were submitted for the period up to 2022-06-30 and the most recent annual confirmation statement was released on 2023-06-19.

The following business owes its well established position on the market and permanent development to two directors, who are Martin M. and Simon H., who have been running the firm since September 2019.

Previous company's names
Duo Group (u.k.) Ltd 2021-03-09
Duo Assets Limited 2018-11-13
Denbow Assets Limited 2016-04-01
Denbow International Limited 2004-09-28
Crestfree Limited 2004-06-30

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2018-03-31	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency

Balance Sheet
Cash Bank On Hand	216 703	62 660	98	98
Current Assets	3 445 205	2 053 977	1 682 163	2 246 480	1 963 809
Debtors	3 228 502	1 991 317	1 682 065	2 246 382	1 963 809	819 239	1 327 671	6 686 855
Net Assets Liabilities	359 485	-197 291	-476 191	-918 951	-792 985	549 847	-279 872
Other Debtors		258 343	163 800	904 785	789 373	431 675
Property Plant Equipment	7 686 227	9 097 726	10 890 054	15 020 580	13 597 468	9 465 634

Other Financial Data
Audit Fees Expenses	15 000	25 000	5 000	9 500	12 000		4 500	5 005
Fees For Non-audit Services	10 827	9 525
Director Remuneration	283 947	314 000	328 456	500 855	330 000
Accrued Liabilities	79 338	15 000	28 337	353 388
Accumulated Amortisation Impairment Intangible Assets				137 056	246 700
Accumulated Depreciation Impairment Property Plant Equipment	4 223 417	4 969 863	5 407 185	4 547 280	5 666 400	3 712 563
Additional Provisions Increase From New Provisions Recognised				323 032	-75 948	127 855	-552 979
Amortisation Expense Intangible Assets				137 056	109 644
Amounts Owed By Group Undertakings		1 296 426	1 063 156				1 173 152
Amounts Owed To Group Undertakings				468 192	362 703	3 014 104	2 878 577	5 473 148
Applicable Tax Rate	20	20	19	19	19		19	19
Average Number Employees During Period	67	62	55	61	100	163	4	2
Bank Borrowings Overdrafts			644	385 024	413 477	484 691	757 730	574 328
Bank Overdrafts			644	385 024	413 477	484 691	757 730	574 328
Comprehensive Income Expense	-440 967	-556 776	-278 900	-442 760	125 966	1 342 832	-829 719	-67 389
Creditors	6 957 279	7 797 322	10 260 535	12 010 772	10 685 410	4 638 305	5 551 419	7 034 209
Current Tax For Period		23 157			-9 163
Depreciation Expense Property Plant Equipment	228 219	399 831	486 729	280 844	105 869		1 846 719
Disposals Decrease In Depreciation Impairment Property Plant Equipment		1 650 525	1 796 222	3 204 225	1 357 476	3 578 688	5 559 282
Disposals Property Plant Equipment		2 207 344	3 434 135	6 547 932	2 095 708	7 693 930	13 178 197
Finance Lease Liabilities Present Value Total	3 775 548	4 663 760	6 846 238	9 177 891	7 979 689	2 768 424
Finance Lease Payments Owing Minimum Gross	436 493	266 773	4 941	10 211 042	8 756 749	3 224 619
Fixed Assets	7 686 227	9 097 825	10 890 153	15 020 679	13 597 567	13 409 504	3 943 876
Further Item Interest Expense Component Total Interest Expense	4 602	5 519	16 910	16 803	17 307		8 496
Future Finance Charges On Finance Leases	14 853	6 093	30	880 596	666 879	456 195
Future Minimum Lease Payments Under Non-cancellable Operating Leases	1 678 458	1 058 668	506 870	506 870	495 870	368 861
Gain Loss On Disposals Property Plant Equipment	46 284	300 231	226 485	772 630	29 768		-774 645
Increase Decrease In Property Plant Equipment		4 044 430	5 244 577	9 532 765	1 644 786	1 073 969
Increase From Amortisation Charge For Year Intangible Assets				137 056	109 644
Increase From Depreciation Charge For Year Property Plant Equipment		2 396 971	2 233 544	2 344 320	2 476 596	1 624 851	1 846 719
Intangible Assets				959 390	849 746
Intangible Assets Gross Cost				1 096 446
Interest Expense On Bank Overdrafts		3 371	3 957	12 477	5 935		57 378	52 277
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	323 025	479 340	552 016	1 046 035	911 884		434 334
Interest Payable Similar Charges Finance Costs	327 627	507 120	581 466	1 108 427	952 527		500 208	52 277
Investments Fixed Assets		99	99	99	99	3 943 870	3 943 876	93
Investments In Group Undertakings		99	99	99	99	3 943 870	3 943 876	93
Net Current Assets Liabilities	-308 443	-1 347 374	-927 769	-3 427 786	-3 280 018	-7 668 373	-4 223 748	-347 354
Number Shares Issued Fully Paid		100	100	100	100	100	100	100
Other Creditors	530 953	707 980	408 798	584 231	732 104	973 753	969 822	973 758
Other Deferred Tax Expense Credit	-153 337	89 400	27 620	323 032	-75 948		-552 979
Other Remaining Borrowings	63 071	3 133 562	79 981	2 832 881	2 705 721
Other Taxation Social Security Payable	49 921			10 451
Pension Other Post-employment Benefit Costs Other Pension Costs		8 757	13 903	57 836	21 433
Percentage Class Share Held In Subsidiary		100	100
Prepayments Accrued Income	779 333	422 988	233 936	788 840	310 703	93 523
Profit Loss	-440 967	-556 776	-278 900	209 519	125 966	507 196	-829 719	-67 389
Profit Loss On Ordinary Activities Before Tax	-594 304	25 835	265 619	532 551	144 472		-1 382 698	-67 389
Property Plant Equipment Gross Cost	11 909 644	14 067 589	16 297 239	19 567 860	19 263 868	13 178 197
Provisions	61 020	150 420	178 040	501 072	425 124	552 979
Provisions For Liabilities Balance Sheet Subtotal	61 020	150 420	178 040	501 072	425 124	552 979
Recoverable Value-added Tax	61 026		192 390	473 236				127 492
Social Security Costs	243 269	209 725	214 770	134 187	147 863
Staff Costs Employee Benefits Expense	2 245 530	2 190 691	2 176 944	4 269 922	3 105 071
Tax Decrease From Utilisation Tax Losses				-19 374	48 929		375 773	-12 804
Tax Decrease Increase From Effect Revenue Exempt From Taxation		60 046	43 032	146 800	5 656
Tax Expense Credit Applicable Tax Rate	-118 861	5 167	50 468	101 185	27 450		-262 713	-12 804
Tax Increase Decrease From Effect Capital Allowances Depreciation	49 811	74 173	-27 608	-62 100	13 811		482 104
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	5 523	3 863	6 739	6 946	13 200		156 382
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-153 337	112 557	27 620	323 032	-85 111		-552 979
Total Additions Including From Business Combinations Intangible Assets				1 096 446
Total Additions Including From Business Combinations Property Plant Equipment		4 365 289	5 663 785	9 818 553	1 791 716	1 608 259
Total Assets Less Current Liabilities	7 377 784	7 750 451	9 962 384	11 592 893	10 317 549	5 741 131	-279 872	-347 261
Total Borrowings		7 249 137	8 998 245	13 235 230	11 568 477	484 691	757 730
Total Operating Lease Payments	1 866 945	1 662 483	946 691	716 716	500 610		554 144
Trade Creditors Trade Payables	746 196	90 109	20 790	200 665	39 275		4 183	8 475
Trade Debtors Trade Receivables	2 221 144	13 560	28 783	79 521	863 733	294 041	23 094
Wages Salaries	2 002 261	1 972 209	1 948 271	4 077 899	2 935 775
Accrued Liabilities Deferred Income				353 388	260 085	184 700	413 250	4 500
Administrative Expenses							2 691 357	16 932
Cash Cash Equivalents Cash Flow Value							-757 730	-574 328
Cost Sales							554 144	5 569
Depreciation Amortisation Expense							1 846 719
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total								-3 943 783
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables							-1 613 960	2 711 853
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables							664 720	-6 404 845
Gain Loss On Disposal Assets Income Statement Subtotal							-774 645
Gross Profit Loss							1 808 867	1 820
Increase Decrease Due To Transfers Between Classes Property Plant Equipment						-152 076
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation							-273 039	183 402
Increase Decrease In Current Tax From Adjustment For Prior Periods					-9 039
Interest Paid Classified As Operating Activities							-65 874	-52 277
Net Cash Flows From Used In Financing Activities							7 406 729
Net Cash Flows From Used In Investing Activities							-6 844 264	-3 943 783
Net Cash Flows From Used In Operating Activities							-289 426	3 760 381
Net Cash Generated From Operations							-789 634	3 708 104
Operating Profit Loss							-882 490	-15 112
Par Value Share								1
Payments Finance Lease Liabilities Classified As Financing Activities							-7 406 729
Proceeds From Sales Property Plant Equipment							-6 844 270
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment						-140 581
Turnover Revenue							2 363 011	7 389