Duo Plastics Limited in Manchester, M40 8PU

Description

Data updated on: 01-11-2023

Duo Plastics is a business located at M40 8PU Manchester at Vickers Street. The firm has been operating since 1988 and is registered as reg. no. 02260922. The firm has been actively competing on the English market for 36 years now and its status at the time is active. This company's Standard Industrial Classification Code is 22220, that means Manufacture of plastic packing goods. Duo Plastics Ltd filed its account information for the financial period up to 2022-12-31. The firm's latest confirmation statement was submitted on 2022-11-10.

The enterprise's trademark is "DUO". They applied for it on 2016-04-18 and it was accepted two months later. The trademark is valid until 2026-04-18.

Our information that details this particular company's executives reveals there are four directors: David B., Zoe B., Anthony B. and Dale B. who became members of the Management Board on 2013-09-01, 2009-09-25.

Trade marks

Trademark UK00003160079

Trademark UK00003160079

Trademark image:	-
Trademark name:	DUO
Status:	Registered
Filing date:	2016-04-18
Date of entry in register:	2016-07-15
Renewal date:	2026-04-18
Owner name:	Duo Plastics Limited
Owner address:	Vickers Street, MANCHESTER, United Kingdom, M40 8PU

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	2 933	11 905	123 898	176 696
Current Assets	10 501 020	12 126 450	15 135 944	15 025 430
Debtors	6 545 935	6 793 621	7 792 233	9 038 568
Net Assets Liabilities	5 567 080	6 346 355	5 357 055	5 560 564
Other Debtors	28 440	531 377	248 751	249 595
Property Plant Equipment	3 875 589	5 384 552	5 762 197	5 812 832
Total Inventories	3 952 152	5 320 924	7 219 813

Other Financial Data
Audit Fees Expenses	11 950	11 950	12 000	13 500
Accrued Liabilities Deferred Income	1 236 831	1 860 424	2 014 768	784 104
Accumulated Depreciation Impairment Property Plant Equipment	3 498 549	3 884 880	4 415 581	4 915 875
Additions Other Than Through Business Combinations Property Plant Equipment		1 957 051	982 002	1 434 511
Administrative Expenses	2 512 185	2 565 763	2 688 619	2 977 970
Amounts Owed By Group Undertakings	1 234 170	389 325	741 428	2 334 999
Amounts Owed To Group Undertakings		280 000	532 995	568 016
Average Number Employees During Period	102	101	108	95
Bank Borrowings	899 416	804 742	706 823	1 608 890
Bank Borrowings Overdrafts	808 989	706 739	609 675	507 589
Bank Overdrafts				133 989
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	970 189	2 130 873	2 284 659	2 347 445
Corporation Tax Payable		248 913
Corporation Tax Recoverable	148 217		129 792	287 787
Cost Sales	23 026 245	23 204 700	29 573 681	28 100 384
Creditors	1 308 788	1 879 859	1 714 389	1 378 563
Current Tax For Period	162 756	458 850
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	9 820
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			170 925
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	65 812	151 456	170 925	-18 762
Depreciation Expense Property Plant Equipment		155 468	266 214
Dividends Paid	636 482	1 708 000	1 396 333	298 000
Dividends Paid On Shares Final	636 482	1 708 000	1 396 333	298 000
Finance Lease Liabilities Present Value Total	499 799	1 173 120	1 104 714	870 974
Finance Lease Payments Owing Minimum Gross	729 125	1 646 468	1 539 688	1 306 847
Finished Goods Goods For Resale	2 946 615	3 823 397	5 379 627	4 210 365
Fixed Assets	4 287 118	5 796 081	6 198 227	6 248 862
Further Item Deferred Expense Credit Component Total Deferred Tax Expense	9 820
Further Item Interest Expense Component Total Interest Expense			40
Further Item Tax Increase Decrease Component Adjusting Items	-219 545	10 405	13 812	-10 209
Future Minimum Lease Payments Under Non-cancellable Operating Leases	69 616	66 308	70 726	1 130 901
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-3 678	-19 215	-87 280	296 054
Gain Loss On Disposals Property Plant Equipment	-41 169	-7 919	-18 255
Gross Profit Loss	4 214 689	5 713 506	3 287 472
Increase Decrease In Current Tax From Adjustment For Prior Periods	-219 545	65 524	-96 385	-134 741
Increase From Depreciation Charge For Year Property Plant Equipment		440 169	586 102	584 540
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	39 587	19 730	23 626
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	83 536	61 620	87 668
Interest Income From Group Undertakings Participating Interests				22 500
Interest Payable Similar Charges Finance Costs	123 123	81 350	111 334	204 903
Investments Fixed Assets	411 529	411 529	436 030	436 030
Investments In Subsidiaries	411 529	411 529	436 030	436 030
Minimum Lease Payments Receivable Under Non-cancellable Operating Leases		460 000	368 000	17 250
Net Current Assets Liabilities	2 868 508	2 861 347	1 585 404	1 383 690
Net Finance Income Costs			525	28 955
Operating Profit Loss	1 795 319	3 243 883	702 430
Other Creditors	2 320 837	816 470	4 283 135	6 031 178
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		53 838	55 401	84 246
Other Disposals Property Plant Equipment		61 757	73 656	883 582
Other Interest Income	2 326	572	525	6 455
Other Interest Receivable Similar Income Finance Income	2 326	572	525	28 955
Other Operating Income Format1	92 815	96 140	103 577	869 500
Other Taxation Social Security Payable	363 103	989 862	882 552	956 727
Pension Other Post-employment Benefit Costs Other Pension Costs	115 998	103 091	113 323	146 682
Percentage Class Share Held In Subsidiary		100	100
Prepayments Accrued Income	253 538	210 515	406 761	314 976
Profit Loss	1 655 679	2 487 275	407 033	501 509
Profit Loss On Ordinary Activities Before Tax	1 674 522	3 163 105	591 621	348 006
Property Plant Equipment Gross Cost	7 374 138	9 269 432	10 177 778	10 728 707
Raw Materials Consumables	549 041	851 639	1 202 648
Social Security Costs	311 909	357 492	350 950
Staff Costs Employee Benefits Expense	3 538 442	3 826 885	4 073 338	4 058 562
Taxation Including Deferred Taxation Balance Sheet Subtotal	279 758	431 214	712 187	693 425
Tax Decrease From Utilisation Tax Losses	65 986		-30 816
Tax Expense Credit Applicable Tax Rate	318 159	600 990	112 408	66 121
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	-47 045	-5 317
Tax Increase Decrease From Effect Capital Allowances Depreciation			-53 388	-99 188
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings			170 925
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	11 996	4 228	6 400	10 274
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward				14 240
Tax Tax Credit On Profit Or Loss On Ordinary Activities	18 843	675 830	184 588	-153 503
Total Assets Less Current Liabilities	7 155 626	8 657 428	7 783 631	7 632 552
Total Borrowings	808 989	706 739	706 823	1 742 879
Total Current Tax Expense Credit	-56 789	524 374	-96 385
Total Deferred Tax Expense Credit	75 632	151 456	280 973	-18 762
Total Operating Lease Payments	99 640	108 973	126 636
Trade Creditors Trade Payables	3 391 988	4 498 083	5 304 968	3 630 552
Trade Debtors Trade Receivables	4 881 570	5 662 404	6 265 501	5 851 211
Transfers To From Retained Earnings Increase Decrease In Equity	32 969	32 969	-32 969	-27 454
Turnover Revenue	27 240 934	28 918 206	32 861 153
Wages Salaries	3 110 535	3 366 302	3 609 065	3 535 466
Work In Progress	456 496	645 888	637 538
Company Contributions To Defined Benefit Plans Directors	41 986	27 730	29 805
Director Remuneration	438 156	472 326	495 469	582 295
Director Remuneration Benefits Including Payments To Third Parties	480 142	500 056	525 274	639 648