How much does Duo Holdings Limited make?

Duo Holdings Limited reported revenue of £0 and £3.3m profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Duo Holdings Limited have?

Duo Holdings Limited reported an average of 0 employees in the year to 31 Dec 2022.

Is Duo Holdings Limited profitable?

Yes — Duo Holdings Limited reported a profit of £3.3m in the year to 31 Dec 2022.

Company No. 12292074 · Incorporated 31 Oct 2019

Duo Holdings Limited

Registered name: DUO HOLDINGS LIMITED

Duo Holdings Limited made £0 revenue and £3.3m profit in the year to 31 Dec 2022. read from filing text

Duo Holdings Limited’s revenue was £0 in the year to 31 Dec 2022, with £3.3m profit and 0 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: London, London
Age: 6 yrs · since 2019
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2022

Key figures

IndependentSmall teamYoung and profitable

Revenue

£0

Growth —

Profit

£3.3m

Growth ▼15.2%

Profit margin

—

Employees

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£0	£0
Profit before tax	£5m	£4.4m
Profit after tax	£3.9m	£3.3m
Profit (best available)	£3.9m	£3.3m
Employees (average)	0	0
Ratios
Profit margin	—	—
Growth (year on year)
Profit growth	—	▼15.2%
Balance sheet — indirect signals, not revenue
Net assets	£27.4m	£30.7m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▲12%; Now £30.7m
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £3.3m), from the Companies House accounts bulk data published Dec 2023. 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.