How much does Duo Plastics Limited make?

Duo Plastics Limited reported revenue of £27m and £1.4m profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Duo Plastics Limited have?

Duo Plastics Limited reported an average of 115 employees in the year to 30 Jun 2025.

Is Duo Plastics Limited profitable?

Yes — Duo Plastics Limited reported a profit of £1.4m in the year to 30 Jun 2025.

Company No. 02260922 · Incorporated 20 May 1988

Duo Plastics Limited

Registered name: DUO PLASTICS LIMITED

Part of Duo Packaging Group Limited group

Duo Plastics Limited made £27m revenue and £1.4m profit in the year to 30 Jun 2025. read from filing text

Duo Plastics Limited’s revenue was £27m in the year to 30 Jun 2025, with £1.4m profit and 115 employees. The company is classified under “manufacture of plastic packing goods” and is based in Manchester; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22220Manufacture of plastic packing goods

Status: Active
Location: Manchester, North West
Age: 38 yrs · since 1988
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate parent company is Duo Packaging Group Limited, a company registered in England and Wales. The ultimate controlling parties are D B Brimelow and A M Brimelow by virtue of their majority sh”

Latest accounts · year to 30 Jun 2025

Key figures

Revenue

£27m

Growth —

Profit

£1.4m

Growth —

Profit margin

5.2%

Gross 19.4%

Employees

115

Change —

Profit / employee

£12.3k

Revenue/employee £235k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	30 Jun 2024	30 Jun 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£30.7m	£42.5m	£27m
Cost of sales	£28.1m	£34.3m	£21.8m
Gross profit	£2.6m	£8.2m	£5.2m
Operating profit	£524k	£2.3m	£1.6m
Profit before tax	£348k	£2m	£1.2m
Profit after tax	£502k	£1.8m	£1.4m
Profit (best available)	£502k	£1.8m	£1.4m
Staff costs	£4.1m	£6.6m	£4.7m
Employees (average)	95	109	115
Ratios
Profit margin	1.6%	4.3%	5.2%
Gross margin	8.6%	19.2%	19.4%
Revenue per employee	£324k	£390k	£235k
Profit per employee	£5.3k	£16.9k	£12.3k
Balance sheet — indirect signals, not revenue
Cash at bank	£177k	£23.3k	£387k
Net assets	£5.6m	£6.7m	£7.9m
Fixed assets	£6.2m	£5.1m	£4.7m
Current assets	£15m	£16.6m	£15.3m
Debtors	£5.9m	£5.1m	£4.3m
Deferred income	£784k	£2.1m	£950k
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 5.2%; Profit ÷ revenue.
Gross margin: 19.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £235k; Revenue ÷ average employees.
Profit per employee: £12.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 17.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £7.9m
Cash at bank: —; Now £387k
Headcount: —; Now 115
Deferred income: —; Now £950k
Fixed assets: —; Now £4.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Duo Packaging Group Limitedultimate parent75–100%
Duo Plastics Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Duclo Recycling LimitedLiquidationFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £1.4m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.