duo processing limited
duo processing limited Company Information
Company Number
05436232
Next Accounts
Sep 2025
Industry
Other mining and quarrying n.e.c.
Shareholders
dmp holdings limited
Group Structure
View All
Contact
Registered Address
siskin drive, middlemarch business park, coventry, west midlands, CV3 4FJ
Website
http://www.duogroup.co.ukduo processing limited Estimated Valuation
Pomanda estimates the enterprise value of DUO PROCESSING LIMITED at £274.6k based on a Turnover of £413.9k and 0.66x industry multiple (adjusted for size and gross margin).
duo processing limited Estimated Valuation
Pomanda estimates the enterprise value of DUO PROCESSING LIMITED at £4.7m based on an EBITDA of £1.7m and a 2.77x industry multiple (adjusted for size and gross margin).
duo processing limited Estimated Valuation
Pomanda estimates the enterprise value of DUO PROCESSING LIMITED at £40.2k based on Net Assets of £39.6k and 1.02x industry multiple (adjusted for liquidity).
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Duo Processing Limited Overview
Duo Processing Limited is a live company located in coventry, CV3 4FJ with a Companies House number of 05436232. It operates in the other mining and quarrying n.e.c. sector, SIC Code 08990. Founded in April 2005, it's largest shareholder is dmp holdings limited with a 100% stake. Duo Processing Limited is a established, micro sized company, Pomanda has estimated its turnover at £413.9k with declining growth in recent years.
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Duo Processing Limited Health Check
Pomanda's financial health check has awarded Duo Processing Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
9 Weak
Size
annual sales of £413.9k, make it smaller than the average company (£17.7m)
- Duo Processing Limited
£17.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -67%, show it is growing at a slower rate (10%)
- Duo Processing Limited
10% - Industry AVG
Production
with a gross margin of 24.4%, this company has a comparable cost of product (24.4%)
- Duo Processing Limited
24.4% - Industry AVG
Profitability
an operating margin of -239.7% make it less profitable than the average company (9.4%)
- Duo Processing Limited
9.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (51)
2 - Duo Processing Limited
51 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Duo Processing Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £206.9k, this is less efficient (£252.2k)
- Duo Processing Limited
£252.2k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (46 days)
- Duo Processing Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (42 days)
- Duo Processing Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Duo Processing Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Duo Processing Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.6%, this is a higher level of debt than the average (35%)
98.6% - Duo Processing Limited
35% - Industry AVG
DUO PROCESSING LIMITED financials
Duo Processing Limited's latest turnover from December 2023 is estimated at £413.9 thousand and the company has net assets of £39.6 thousand. According to their latest financial statements, Duo Processing Limited has 2 employees and maintains cash reserves of £4.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,793,543 | 5,271,758 | 11,525,475 | 15,904,903 | 11,046,229 | 14,491,519 | 11,505,940 | 4,361,683 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 5,585,615 | 5,247,204 | 10,474,688 | 13,308,891 | 8,629,492 | 12,032,770 | 9,037,139 | |||||||
| Gross Profit | 207,928 | 24,554 | 1,050,787 | 2,596,012 | 2,416,737 | 2,458,749 | 2,468,801 | |||||||
| Admin Expenses | 132,328 | 1,112,715 | 515,181 | 1,501,051 | 1,213,962 | 910,178 | 590,181 | |||||||
| Operating Profit | 75,600 | -1,088,161 | 535,606 | 1,094,961 | 1,202,775 | 1,548,571 | 1,878,620 | 725,427 | ||||||
| Interest Payable | 515,604 | 815,476 | 478,889 | 745,308 | 618,084 | 599,548 | 479,846 | 294,992 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 292 | ||||||
| Pre-Tax Profit | -440,004 | -1,903,637 | 56,717 | 349,653 | 584,691 | 949,023 | 1,398,774 | 430,727 | ||||||
| Tax | -308,003 | 316,296 | -15,001 | -117,730 | -58,103 | 66,868 | -356,007 | 0 | ||||||
| Profit After Tax | -748,007 | -1,587,341 | 41,716 | 231,923 | 526,588 | 1,015,891 | 1,042,767 | 430,727 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | -748,007 | -1,587,341 | 41,716 | 231,923 | 526,588 | 1,015,891 | 1,042,767 | 430,727 | ||||||
| Employee Costs | 0 | 0 | 672,266 | 2,795,356 | 2,344,236 | 2,967,838 | 2,439,121 | 688,125 | ||||||
| Number Of Employees | 2 | 11 | 51 | 40 | 50 | 43 | 27 | |||||||
| EBITDA* | 1,670,506 | 108,449 | 2,560,446 | 4,219,322 | 3,555,493 | 4,254,526 | 19,386,285 | 1,465,846 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,982,583 | 14,766,122 | 11,107,200 | 12,566,761 | 13,664,529 | 16,374,344 | 10,284,842 | 8,840,533 | 4,921,362 | 3,564,689 | 2,623,650 | 1,848,440 | 1,643,664 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,982,583 | 14,766,122 | 11,107,200 | 12,566,761 | 13,664,529 | 16,374,344 | 10,284,842 | 8,840,533 | 4,921,362 | 3,564,689 | 2,623,650 | 1,848,440 | 1,643,664 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 235,222 | 358,155 | 420,139 | 680,981 | 222,636 | 382,636 | 97,634 | 97,438 | 0 | 0 |
| Trade Debtors | 87,529 | 535,115 | 761,101 | 1,190,776 | 3,172,035 | 4,789,378 | 2,420,962 | 1,351,996 | 502,938 | 621,053 | 539,042 | 516,700 | 739,516 | 0 |
| Group Debtors | 633,432 | 0 | 176,752 | 0 | 0 | 0 | 322,245 | 0 | 13,156 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 175,836 | 0 | 14,821 | 792,716 | 1,131,020 | 942,353 | 200,061 | 495,651 | 6,220 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,817 | 840 | 32,095 | 9,327 | 48,626 | 72,865 | 614,246 | 688,253 | 411,803 | 0 | 158,399 | 86,850 | 323,385 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 901,614 | 535,955 | 984,769 | 1,992,819 | 4,586,903 | 6,162,751 | 3,977,653 | 3,216,881 | 1,156,753 | 1,003,689 | 795,075 | 700,988 | 1,062,901 | 0 |
| total assets | 2,884,197 | 15,302,077 | 12,091,969 | 14,559,580 | 18,251,432 | 22,537,095 | 14,262,495 | 12,057,414 | 6,078,115 | 4,568,378 | 3,418,725 | 2,549,428 | 2,706,565 | 0 |
| Bank overdraft | 0 | 0 | 123,536 | 240,903 | 249,044 | 0 | 0 | 0 | 1,819,700 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,743 | 29,089 | 164,891 | 1,827,940 | 1,480,882 | 1,074,618 | 900,954 | 1,398,531 | 501,718 | 3,157,905 | 2,212,850 | 1,373,683 | 1,600,771 | 0 |
| Group/Directors Accounts | 0 | 6,019,532 | 2,984,479 | 0 | 0 | 0 | 2,371,030 | 1,961,337 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 462,714 | 2,493,875 | 3,357,527 | 3,192,158 | 3,949,739 | 4,886,798 | 3,339,314 | 3,632,068 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,237,087 | 794,440 | 763,803 | 577,430 | 3,076,532 | 5,485,800 | 1,387,736 | 545,512 | 1,169,849 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,711,544 | 9,336,936 | 7,394,236 | 5,838,431 | 8,756,197 | 11,447,216 | 7,999,034 | 7,537,448 | 3,491,267 | 3,157,905 | 2,212,850 | 1,373,683 | 1,600,771 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,078,832 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 133,085 | 4,625,585 | 2,918,173 | 5,079,525 | 5,910,328 | 7,813,052 | 3,696,787 | 2,674,142 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,333,184 | 1,160,705 | 991,002 | 1,004,834 | 0 |
| provisions | 0 | 308,003 | 0 | 274,723 | 259,722 | 183,565 | 0 | 295,041 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 133,085 | 4,933,588 | 2,918,173 | 5,354,248 | 6,170,050 | 7,996,617 | 3,696,787 | 2,969,183 | 2,078,832 | 1,333,184 | 1,160,705 | 991,002 | 1,004,834 | 0 |
| total liabilities | 2,844,629 | 14,270,524 | 10,312,409 | 11,192,679 | 14,926,247 | 19,443,833 | 11,695,821 | 10,506,631 | 5,570,099 | 4,491,089 | 3,373,555 | 2,364,685 | 2,605,605 | 0 |
| net assets | 39,568 | 1,031,553 | 1,779,560 | 3,366,901 | 3,325,185 | 3,093,262 | 2,566,674 | 1,550,783 | 508,016 | 77,289 | 45,170 | 184,743 | 100,960 | 0 |
| total shareholders funds | 39,568 | 1,031,553 | 1,779,560 | 3,366,901 | 3,325,185 | 3,093,262 | 2,566,674 | 1,550,783 | 508,016 | 77,289 | 45,170 | 184,743 | 100,960 | 0 |
| Dec 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 75,600 | -1,088,161 | 535,606 | 1,094,961 | 1,202,775 | 1,548,571 | 1,878,620 | 725,427 | ||||||
| Depreciation | 2,693,670 | 1,594,906 | 1,196,610 | 2,024,840 | 3,124,361 | 2,352,718 | 2,705,955 | 17,507,665 | 740,419 | 665,795 | 396,819 | 334,218 | 92,895 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -308,003 | 316,296 | -15,001 | -117,730 | -58,103 | 66,868 | -356,007 | 0 | ||||||
| Stock | 0 | 0 | 0 | -235,222 | -122,933 | -61,984 | -260,842 | 458,345 | -160,000 | 285,002 | 196 | 97,438 | 0 | 0 |
| Debtors | 361,682 | -417,559 | -1,030,818 | -2,319,563 | -1,428,676 | 2,788,463 | 1,095,621 | 1,325,333 | -98,739 | 82,011 | 22,342 | -222,816 | 739,516 | 0 |
| Creditors | -17,346 | -135,802 | -1,663,049 | 347,058 | 406,264 | 173,664 | -497,577 | 896,813 | -2,656,187 | 945,055 | 839,167 | -227,088 | 1,600,771 | 0 |
| Accruals and Deferred Income | 1,442,647 | 30,637 | 186,373 | -2,499,102 | -2,409,268 | 4,098,064 | 842,224 | -624,337 | 1,169,849 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -308,003 | 308,003 | -274,723 | 15,001 | 76,157 | 183,565 | -295,041 | 295,041 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,982,900 | -295,836 | 2,963,187 | 3,726,354 | 5,226,204 | 3,536,221 | 17,814,117 | 238,247 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -8,397,874 | 1,424,295 | 580,180 | -2,056,266 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -8,397,874 | 1,424,295 | 580,180 | -2,056,266 | ||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -6,019,532 | 3,035,053 | 2,984,479 | 0 | 0 | -2,371,030 | 409,693 | 1,961,337 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,078,832 | 2,078,832 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -6,523,661 | 843,760 | -1,995,983 | -1,588,384 | -2,839,783 | 5,663,749 | 729,891 | 6,306,210 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,333,184 | 172,479 | 169,703 | -13,832 | 1,004,834 | 0 |
| share issue | ||||||||||||||
| interest | -515,604 | -815,476 | -478,889 | -745,308 | -618,084 | -599,548 | -479,846 | -294,700 | ||||||
| cash flow from financing | 3,363,209 | 173,020 | -2,067,273 | -3,585,091 | 2,674,635 | 540,036 | 5,708,869 | 450,948 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 3,977 | -31,255 | 22,768 | -39,299 | -24,239 | -541,381 | -74,007 | 276,450 | 411,803 | -158,399 | 71,549 | -236,535 | 323,385 | 0 |
| overdraft | 0 | -123,536 | -117,367 | -8,141 | 249,044 | 0 | 0 | -1,819,700 | 1,819,700 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,977 | 92,281 | 140,135 | -31,158 | -273,283 | -541,381 | -74,007 | 2,096,150 | -1,407,897 | -158,399 | 71,549 | -236,535 | 323,385 | 0 |
duo processing limited Credit Report and Business Information
Duo Processing Limited Competitor Analysis
Perform a competitor analysis for duo processing limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other micro companies, companies in CV3 area or any other competitors across 12 key performance metrics.
duo processing limited Ownership
DUO PROCESSING LIMITED group structure
Duo Processing Limited has no subsidiary companies.
duo processing limited directors
Duo Processing Limited currently has 2 directors. The longest serving directors include Mr Simon Hall (Jan 2017) and Mr Martin McWilliams (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Hall | England | 58 years | Jan 2017 | - | Director |
| Mr Martin McWilliams | Northern Ireland | 48 years | Jan 2019 | - | Director |
P&L
December 2023turnover
413.9k
-93%
operating profit
-992.1k
0%
gross margin
24.5%
+580.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
39.6k
-0.96%
total assets
2.9m
-0.81%
cash
4.8k
+4.73%
net assets
Total assets minus all liabilities
duo processing limited company details
company number
05436232
Type
Private limited with Share Capital
industry
08990 - Other mining and quarrying n.e.c.
incorporation date
April 2005
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
duo mineral processing limited (November 2018)
duo contracting limited (November 2010)
accountant
THORNTON SPRINGER LLP
auditor
-
address
siskin drive, middlemarch business park, coventry, west midlands, CV3 4FJ
Bank
SANTANDER UK PLC
Legal Advisor
-
duo processing limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 5 charges/mortgages relating to duo processing limited. Currently there are 1 open charges and 4 have been satisfied in the past.
duo processing limited Capital Raised & Share Issues BETA
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duo processing limited Companies House Filings - See Documents
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