duality group limited
duality group limited Company Information
Company Number
10236858
Next Accounts
Dec 2025
Shareholders
cap10 4netzero bidco limited
Group Structure
View All
Industry
Activities of head offices
Registered Address
norfolk house, 13 southampton place, london, WC1A 2AJ
Website
duality-group.co.ukduality group limited Estimated Valuation
Pomanda estimates the enterprise value of DUALITY GROUP LIMITED at £60.6m based on a Turnover of £56.5m and 1.07x industry multiple (adjusted for size and gross margin).
duality group limited Estimated Valuation
Pomanda estimates the enterprise value of DUALITY GROUP LIMITED at £51.3m based on an EBITDA of £6.2m and a 8.24x industry multiple (adjusted for size and gross margin).
duality group limited Estimated Valuation
Pomanda estimates the enterprise value of DUALITY GROUP LIMITED at £17.8m based on Net Assets of £8.3m and 2.14x industry multiple (adjusted for liquidity).
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Duality Group Limited Overview
Duality Group Limited is a live company located in london, WC1A 2AJ with a Companies House number of 10236858. It operates in the activities of head offices sector, SIC Code 70100. Founded in June 2016, it's largest shareholder is cap10 4netzero bidco limited with a 100% stake. Duality Group Limited is a young, large sized company, Pomanda has estimated its turnover at £56.5m with high growth in recent years.
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Duality Group Limited Health Check
Pomanda's financial health check has awarded Duality Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £56.5m, make it larger than the average company (£20.3m)
£56.5m - Duality Group Limited
£20.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (8.9%)
24% - Duality Group Limited
8.9% - Industry AVG
Production
with a gross margin of 30.3%, this company has a comparable cost of product (33.3%)
30.3% - Duality Group Limited
33.3% - Industry AVG
Profitability
an operating margin of 10% make it more profitable than the average company (5.8%)
10% - Duality Group Limited
5.8% - Industry AVG
Employees
with 431 employees, this is above the industry average (115)
431 - Duality Group Limited
115 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£48.8k)
£46.5k - Duality Group Limited
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £131.2k, this is less efficient (£196.3k)
£131.2k - Duality Group Limited
£196.3k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (44 days)
55 days - Duality Group Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (42 days)
63 days - Duality Group Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (46 days)
8 days - Duality Group Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (16 weeks)
12 weeks - Duality Group Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65%, this is a higher level of debt than the average (54.8%)
65% - Duality Group Limited
54.8% - Industry AVG
DUALITY GROUP LIMITED financials
Duality Group Limited's latest turnover from March 2024 is £56.5 million and the company has net assets of £8.3 million. According to their latest financial statements, Duality Group Limited has 431 employees and maintains cash reserves of £3.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 56,536,000 | 46,619,000 | 39,610,000 | 29,849,000 | 30,624,000 | 20,925,000 | 12,914,000 | 7,034,000 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 39,411,000 | 35,075,000 | 26,961,000 | 23,026,000 | 20,623,000 | 13,727,000 | 10,038,000 | 5,054,000 |
| Gross Profit | 17,125,000 | 11,544,000 | 12,649,000 | 6,823,000 | 10,001,000 | 7,198,000 | 2,876,000 | 1,980,000 |
| Admin Expenses | 11,464,000 | 9,667,000 | 7,975,000 | 5,266,000 | 6,448,000 | 6,744,000 | 5,381,000 | 4,762,000 |
| Operating Profit | 5,661,000 | 1,877,000 | 4,674,000 | 1,557,000 | 3,553,000 | 454,000 | -2,505,000 | -2,782,000 |
| Interest Payable | 498,000 | 317,000 | 320,000 | 318,000 | 403,000 | 411,000 | 390,000 | 20,000 |
| Interest Receivable | 61,000 | 12,000 | ||||||
| Pre-Tax Profit | 5,224,000 | 1,572,000 | 4,354,000 | 1,239,000 | 3,150,000 | 43,000 | -2,590,000 | -2,802,000 |
| Tax | -1,442,000 | -380,000 | -698,000 | -129,000 | 867,000 | 40,000 | -12,000 | |
| Profit After Tax | 3,782,000 | 1,192,000 | 3,656,000 | 1,110,000 | 4,017,000 | 83,000 | -2,590,000 | -2,814,000 |
| Dividends Paid | 41,000 | |||||||
| Retained Profit | 3,782,000 | 1,151,000 | 3,656,000 | 1,110,000 | 4,017,000 | 83,000 | -2,590,000 | -2,814,000 |
| Employee Costs | 20,023,000 | 18,286,000 | 13,935,000 | 13,596,000 | 12,403,000 | 10,284,000 | 5,574,000 | 3,811,000 |
| Number Of Employees | 431 | 406 | 355 | 325 | 307 | 285 | 177 | 268 |
| EBITDA* | 6,234,000 | 2,301,000 | 5,022,000 | 1,830,000 | 3,852,000 | 734,000 | -2,166,000 | -2,620,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,449,000 | 1,532,000 | 1,234,000 | 1,102,000 | 1,093,000 | 1,121,000 | 1,125,000 | 1,462,000 |
| Intangible Assets | 2,488,000 | 2,552,000 | 2,200,000 | 1,372,000 | 1,258,000 | 1,408,000 | ||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | 85,000 | 621,000 | ||||||
| Total Fixed Assets | 3,937,000 | 4,084,000 | 3,434,000 | 2,559,000 | 2,972,000 | 2,529,000 | 1,125,000 | 1,462,000 |
| Stock & work in progress | 943,000 | 956,000 | 573,000 | 412,000 | 370,000 | 289,000 | 216,000 | 315,000 |
| Trade Debtors | 8,645,000 | 11,338,000 | 6,511,000 | 5,027,000 | 5,834,000 | 5,151,000 | 3,200,000 | 4,578,000 |
| Group Debtors | ||||||||
| Misc Debtors | 6,946,000 | 2,304,000 | 2,865,000 | 1,312,000 | 742,000 | 617,000 | 84,000 | |
| Cash | 3,304,000 | 4,659,000 | 2,208,000 | 3,093,000 | 1,299,000 | 1,453,000 | 21,000 | 92,000 |
| misc current assets | ||||||||
| total current assets | 19,838,000 | 16,953,000 | 11,596,000 | 11,397,000 | 8,815,000 | 7,635,000 | 4,054,000 | 5,069,000 |
| total assets | 23,775,000 | 21,037,000 | 15,030,000 | 13,956,000 | 11,787,000 | 10,164,000 | 5,179,000 | 6,531,000 |
| Bank overdraft | 1,000 | |||||||
| Bank loan | 11,000 | 11,000 | 900,000 | 900,000 | ||||
| Trade Creditors | 6,874,000 | 6,795,000 | 4,041,000 | 3,241,000 | 2,816,000 | 1,798,000 | 675,000 | 1,660,000 |
| Group/Directors Accounts | 61,000 | 11,000 | 17,000 | 17,000 | ||||
| other short term finances | 736,000 | 736,000 | 51,000 | 862,000 | 2,739,000 | 4,139,000 | 2,305,000 | 6,288,000 |
| hp & lease commitments | 38,000 | 58,000 | 38,000 | 11,000 | 12,000 | 30,000 | 84,000 | 151,000 |
| other current liabilities | 6,269,000 | 6,815,000 | 6,121,000 | 7,818,000 | 6,571,000 | 6,638,000 | 5,255,000 | 1,160,000 |
| total current liabilities | 13,928,000 | 14,476,000 | 11,162,000 | 12,849,000 | 12,155,000 | 12,606,000 | 8,319,000 | 9,259,000 |
| loans | 931,000 | 1,678,000 | 255,000 | 1,125,000 | 531,000 | 1,355,000 | 495,000 | |
| hp & lease commitments | 68,000 | 162,000 | 115,000 | 67,000 | 9,000 | 8,000 | 2,000 | 86,000 |
| Accruals and Deferred Income | ||||||||
| other liabilities | 31,000 | 1,815,000 | 2,072,000 | |||||
| provisions | 525,000 | 179,000 | 304,000 | 408,000 | 695,000 | |||
| total long term liabilities | 1,524,000 | 2,019,000 | 705,000 | 1,600,000 | 1,235,000 | 3,178,000 | 2,569,000 | 86,000 |
| total liabilities | 15,452,000 | 16,495,000 | 11,867,000 | 14,449,000 | 13,390,000 | 15,784,000 | 10,888,000 | 9,345,000 |
| net assets | 8,323,000 | 4,542,000 | 3,163,000 | -493,000 | -1,603,000 | -5,620,000 | -5,709,000 | -2,814,000 |
| total shareholders funds | 8,323,000 | 4,542,000 | 3,163,000 | -493,000 | -1,603,000 | -5,620,000 | -5,709,000 | -2,814,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 5,661,000 | 1,877,000 | 4,674,000 | 1,557,000 | 3,553,000 | 454,000 | -2,505,000 | -2,782,000 |
| Depreciation | 226,000 | 199,000 | 172,000 | 123,000 | 149,000 | 193,000 | 339,000 | 162,000 |
| Amortisation | 347,000 | 225,000 | 176,000 | 150,000 | 150,000 | 87,000 | ||
| Tax | -1,442,000 | -380,000 | -698,000 | -129,000 | 867,000 | 40,000 | -12,000 | |
| Stock | -13,000 | 383,000 | 161,000 | 42,000 | 81,000 | 73,000 | -99,000 | 315,000 |
| Debtors | 4,253,000 | 2,523,000 | 838,000 | 210,000 | 1,874,000 | 2,076,000 | -845,000 | 4,662,000 |
| Creditors | 79,000 | 2,754,000 | 800,000 | 425,000 | 1,018,000 | 1,123,000 | -985,000 | 1,660,000 |
| Accruals and Deferred Income | -546,000 | 694,000 | -1,697,000 | 1,247,000 | -67,000 | 1,383,000 | 4,095,000 | 1,160,000 |
| Deferred Taxes & Provisions | 346,000 | -125,000 | -104,000 | -287,000 | 695,000 | |||
| Cash flow from operations | 431,000 | 2,338,000 | 2,324,000 | 2,834,000 | 4,410,000 | 1,131,000 | 1,888,000 | -4,789,000 |
| Investing Activities | ||||||||
| capital expenditure | -1,000 | -624,000 | ||||||
| Change in Investments | ||||||||
| cash flow from investments | -1,000 | -624,000 | ||||||
| Financing Activities | ||||||||
| Bank loans | -889,000 | 900,000 | ||||||
| Group/Directors Accounts | -61,000 | 50,000 | -6,000 | 17,000 | ||||
| Other Short Term Loans | 685,000 | -811,000 | -1,877,000 | -1,400,000 | 1,834,000 | -3,983,000 | 6,288,000 | |
| Long term loans | -747,000 | 1,423,000 | -870,000 | 594,000 | -824,000 | 860,000 | 495,000 | |
| Hire Purchase and Lease Commitments | -114,000 | 67,000 | 75,000 | 57,000 | -17,000 | -48,000 | -151,000 | 237,000 |
| other long term liabilities | -31,000 | 31,000 | -1,815,000 | -257,000 | 2,072,000 | |||
| share issue | ||||||||
| interest | -437,000 | -305,000 | -320,000 | -318,000 | -403,000 | -411,000 | -390,000 | -20,000 |
| cash flow from financing | -1,360,000 | 1,228,000 | -1,901,000 | -644,000 | -4,442,000 | 1,984,000 | -2,262,000 | 6,505,000 |
| cash and cash equivalents | ||||||||
| cash | -1,355,000 | 2,451,000 | -885,000 | 1,794,000 | -154,000 | 1,432,000 | -71,000 | 92,000 |
| overdraft | -1,000 | 1,000 | ||||||
| change in cash | -1,355,000 | 2,451,000 | -885,000 | 1,794,000 | -153,000 | 1,431,000 | -71,000 | 92,000 |
duality group limited Credit Report and Business Information
Duality Group Limited Competitor Analysis
Perform a competitor analysis for duality group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in WC1A area or any other competitors across 12 key performance metrics.
duality group limited Ownership
DUALITY GROUP LIMITED group structure
Duality Group Limited has 6 subsidiary companies.
Ultimate parent company
DUALITY GROUP LIMITED
10236858
6 subsidiaries
duality group limited directors
Duality Group Limited currently has 4 directors. The longest serving directors include Mr Shaun MacLean (Jun 2016) and Mr Graham Levinsohn (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shaun MacLean | England | 54 years | Jun 2016 | - | Director |
| Mr Graham Levinsohn | England | 62 years | Apr 2024 | - | Director |
| Mr Paul Edwards | England | 61 years | May 2024 | - | Director |
| Mr Spencer Sheridan | England | 51 years | May 2024 | - | Director |
P&L
March 2024turnover
56.5m
+21%
operating profit
5.7m
+202%
gross margin
30.3%
+22.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
8.3m
+0.83%
total assets
23.8m
+0.13%
cash
3.3m
-0.29%
net assets
Total assets minus all liabilities
duality group limited company details
company number
10236858
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
DSG AUDIT
address
norfolk house, 13 southampton place, london, WC1A 2AJ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
duality group 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 7 charges/mortgages relating to duality group limited. Currently there are 1 open charges and 6 have been satisfied in the past.
duality group limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for DUALITY GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
duality group limited Companies House Filings - See Documents
| date | description | view/download |
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