dualitas ltd.
dualitas ltd. Company Information
Company Number
09958334
Website
https://dualitas.comRegistered Address
apollo house 6 bramley road, milton keynes, MK1 1PT
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
dualitas holdings ltd 100%
dualitas ltd. Estimated Valuation
Pomanda estimates the enterprise value of DUALITAS LTD. at £0 based on a Turnover of £432 and -65.91x industry multiple (adjusted for size and gross margin).
dualitas ltd. Estimated Valuation
Pomanda estimates the enterprise value of DUALITAS LTD. at £395.5m based on an EBITDA of £-736.8k and a -536.8x industry multiple (adjusted for size and gross margin).
dualitas ltd. Estimated Valuation
Pomanda estimates the enterprise value of DUALITAS LTD. at £1.6m based on Net Assets of £718.8k and 2.27x industry multiple (adjusted for liquidity).
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Dualitas Ltd. Overview
Dualitas Ltd. is a live company located in milton keynes, MK1 1PT with a Companies House number of 09958334. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in January 2016, it's largest shareholder is dualitas holdings ltd with a 100% stake. Dualitas Ltd. is a young, micro sized company, Pomanda has estimated its turnover at £432 with declining growth in recent years.
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Dualitas Ltd. Health Check
Pomanda's financial health check has awarded Dualitas Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
7 Weak
Size
annual sales of £432, make it smaller than the average company (£2.8m)
£432 - Dualitas Ltd.
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -69%, show it is growing at a slower rate (7%)
-69% - Dualitas Ltd.
7% - Industry AVG
Production
with a gross margin of -12272.4%, this company has a higher cost of product (44.8%)
-12272.4% - Dualitas Ltd.
44.8% - Industry AVG
Profitability
an operating margin of -253621.1% make it less profitable than the average company (5.7%)
-253621.1% - Dualitas Ltd.
5.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (21)
4 - Dualitas Ltd.
21 - Industry AVG
Pay Structure
on an average salary of £123.4k, the company has a higher pay structure (£52.5k)
£123.4k - Dualitas Ltd.
£52.5k - Industry AVG
Efficiency
resulting in sales per employee of £108, this is less efficient (£124.1k)
£108 - Dualitas Ltd.
£124.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Dualitas Ltd.
- - Industry AVG
Creditor Days
its suppliers are paid after 278 days, this is slower than average (31 days)
278 days - Dualitas Ltd.
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Dualitas Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 60 weeks, this is more cash available to meet short term requirements (26 weeks)
60 weeks - Dualitas Ltd.
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.1%, this is a lower level of debt than the average (52.6%)
8.1% - Dualitas Ltd.
52.6% - Industry AVG
DUALITAS LTD. financials
Dualitas Ltd.'s latest turnover from December 2023 is £432 and the company has net assets of £718.8 thousand. According to their latest financial statements, Dualitas Ltd. has 4 employees and maintains cash reserves of £73.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 432 | 70,050 | 7,889 | 14,043 | 124,598 | 50,000 | 203,709 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 53,449 | 47,088 | 43,216 | 5,732 | 0 | 264,792 | 223,161 | 0 |
| Gross Profit | -53,017 | 22,962 | -35,327 | 8,311 | 124,598 | -214,792 | -19,452 | 0 |
| Admin Expenses | 1,042,626 | 914,899 | 1,146,807 | 3,042,431 | 2,944,124 | 3,426,868 | 8,608,089 | 7,433,355 |
| Operating Profit | -1,095,643 | -891,937 | -1,182,134 | -3,034,120 | -2,819,526 | -3,641,660 | -8,627,541 | -7,433,355 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 12,405 | 2,680 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| Pre-Tax Profit | -1,095,643 | -891,937 | -1,182,134 | -3,092,101 | -3,033,138 | -4,411,368 | -8,396,806 | -7,436,028 |
| Tax | 0 | 0 | 0 | 0 | 0 | -93,222 | 85,558 | -34,266 |
| Profit After Tax | -1,095,643 | -891,937 | -1,182,134 | -3,092,101 | -3,033,138 | -4,504,590 | -8,311,248 | -7,470,294 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,095,643 | -891,937 | -1,182,134 | -3,092,101 | -3,033,138 | -4,504,590 | -8,311,248 | -7,470,294 |
| Employee Costs | 493,771 | 386,875 | 323,501 | 286,660 | 294,442 | 260,585 | 1,890,154 | 972,463 |
| Number Of Employees | 4 | 3 | 3 | 2 | 1 | 1 | 24 | 12 |
| EBITDA* | -736,816 | -529,191 | -616,986 | -436,668 | -217,941 | -1,067,761 | -6,134,500 | -5,236,022 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,520 | 12,136 | 19,102 | 197,528 | 344,590 | 496,995 | 672,401 | 365,405 |
| Intangible Assets | 673,588 | 900,565 | 1,053,129 | 1,070,503 | 2,988,374 | 5,154,040 | 7,390,571 | 9,575,830 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 137,500 | 137,600 | 167,574 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 678,108 | 912,701 | 1,072,231 | 1,268,031 | 3,332,964 | 5,788,535 | 8,200,572 | 10,108,809 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 63,606 | 0 |
| Group Debtors | 0 | 0 | 0 | 150,000 | 586,028 | 583,696 | 455,919 | 299,856 |
| Misc Debtors | 30,450 | 65,170 | 25,448 | 188,787 | 209,831 | 241,424 | 364,781 | 714,624 |
| Cash | 73,466 | 212,207 | 177,643 | 26,671 | 270,620 | 180,850 | 1,249,088 | 9,973 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 103,916 | 277,377 | 203,091 | 365,458 | 1,066,479 | 1,005,970 | 2,133,394 | 1,024,453 |
| total assets | 782,024 | 1,190,078 | 1,275,322 | 1,633,489 | 4,399,443 | 6,794,505 | 10,333,966 | 11,133,262 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 40,840 | 31,262 | 43,666 | 21,374 | 46,156 | 21,889 | 121,995 | 165,406 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 74,512 | 218,994 | 699,409 | 2,286,839 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 22,394 | 20,439 | 14,057 | 14,154 | 51,882 | 70,442 | 320,072 | 493,863 |
| total current liabilities | 63,234 | 51,701 | 57,723 | 35,528 | 172,550 | 311,325 | 1,141,476 | 2,946,108 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 63,234 | 51,701 | 57,723 | 35,528 | 172,550 | 311,325 | 1,141,476 | 2,946,108 |
| net assets | 718,790 | 1,138,377 | 1,217,599 | 1,597,961 | 4,226,893 | 6,483,180 | 9,192,490 | 8,187,154 |
| total shareholders funds | 718,790 | 1,138,377 | 1,217,599 | 1,597,961 | 4,226,893 | 6,483,180 | 9,192,490 | 8,187,154 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -1,095,643 | -891,937 | -1,182,134 | -3,034,120 | -2,819,526 | -3,641,660 | -8,627,541 | -7,433,355 |
| Depreciation | 9,951 | 10,217 | 178,426 | 141,701 | 152,405 | 148,957 | 112,578 | 19,616 |
| Amortisation | 348,876 | 352,529 | 386,722 | 2,455,751 | 2,449,180 | 2,424,942 | 2,380,463 | 2,177,717 |
| Tax | 0 | 0 | 0 | 0 | 0 | -93,222 | 85,558 | -34,266 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -34,720 | 39,722 | -313,339 | -457,072 | -29,261 | -59,186 | -130,174 | 1,014,480 |
| Creditors | 9,578 | -12,404 | 22,292 | -24,782 | 24,267 | -100,106 | -43,411 | 165,406 |
| Accruals and Deferred Income | 1,955 | 6,382 | -97 | -37,728 | -18,560 | -249,630 | -173,791 | 493,863 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -690,563 | -574,935 | -281,452 | -42,106 | -182,973 | -1,451,533 | -6,135,970 | -5,625,499 |
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -196,912 | -341,664 | -12,306,142 |
| Change in Investments | 0 | 0 | 0 | 0 | -137,500 | -100 | -29,974 | 167,574 |
| cash flow from investments | 0 | 0 | 0 | 0 | 137,500 | -196,812 | -311,690 | -12,473,716 |
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -74,512 | -144,482 | -480,415 | -1,587,430 | 2,286,839 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | -12,405 | -2,673 |
| cash flow from financing | 676,056 | 812,715 | 801,772 | 388,657 | 632,369 | 1,314,865 | 7,716,749 | 17,941,614 |
| cash and cash equivalents | ||||||||
| cash | -138,741 | 34,564 | 150,972 | -243,949 | 89,770 | -1,068,238 | 1,239,115 | 9,973 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -138,741 | 34,564 | 150,972 | -243,949 | 89,770 | -1,068,238 | 1,239,115 | 9,973 |
dualitas ltd. Credit Report and Business Information
Dualitas Ltd. Competitor Analysis
Perform a competitor analysis for dualitas ltd. by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in MK1 area or any other competitors across 12 key performance metrics.
dualitas ltd. Ownership
DUALITAS LTD. group structure
Dualitas Ltd. has 1 subsidiary company.
Ultimate parent company
DUALITAS TECHNOLOGIES LLC
#0078070
2 parents
DUALITAS LTD.
09958334
1 subsidiary
dualitas ltd. directors
Dualitas Ltd. currently has 3 directors. The longest serving directors include Dr Jamieson Christmas (Jan 2016) and Mr Gautam Patel (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Jamieson Christmas | England | 50 years | Jan 2016 | - | Director |
| Mr Gautam Patel | Usa | 52 years | Jan 2018 | - | Director |
| Mr Rishi Reddy | United States | 37 years | Jan 2018 | - | Director |
P&L
December 2023turnover
432
-99%
operating profit
-1.1m
+23%
gross margin
-12272.4%
-37539.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
718.8k
-0.37%
total assets
782k
-0.34%
cash
73.5k
-0.65%
net assets
Total assets minus all liabilities
Similar Companies
dualitas ltd. company details
company number
09958334
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
January 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
daqri holographics ltd (January 2018)
accountant
-
auditor
-
address
apollo house 6 bramley road, milton keynes, MK1 1PT
Bank
J P MORGAN
Legal Advisor
K & L GATES LLP
dualitas ltd. 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 did not find charges/mortgages relating to dualitas ltd..
dualitas ltd. Companies House Filings - See Documents
| date | description | view/download |
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