# DUO SYSTEMS LTD (12715303)

> DUO SYSTEMS LTD is an active private limited company (company number 12715303) incorporated on 2 July 2020, registered in Fareham. Its registered activity is plumbing, heat and air-conditioning installation (SIC 43220). Latest full accounts cover the period ending 30 June 2025, showing net assets of −£449k and cash of £25, with 5 employees on average. Net assets rose 23% on the prior period (−£582k).

- Status: Active
- Incorporated: 2020-07-02
- Registered office: Fareham, PO15 5RQ
- SIC 43220: Plumbing, heat and air-conditioning installation
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-07-16
- Accounts type: FULL

By net assets it sits in the bottom quarter of 573 comparable companies in Portsmouth (median £4,669, upper quartile £26k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | −£449k | £25 | £710k | £1.23m | — | £132k | 5 |
| 2024-06-30 | −£582k | £8,797 | £512k | £1.13m | — | −£521k | 3 |

current ratio 0.6; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-449,377 at 30 June 2025
- Net assets up 10% or more on the prior period: +22.8% vs prior period
- Current assets below creditors within one year: Current ratio 0.6
- Incorporated five or more years ago: Incorporated 2 July 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Code 9 Management Limited (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2026-01-30
- Bucchinc Ltd (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2026-01-30

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12715303
HTML: https://firmoscan.com/company/12715303-duo-systems-ltd