Duo Plastics Limited
Registered name: DUO PLASTICS LIMITED
Part of Duo Packaging Group Limited groupDuo Plastics Limited made £1.1m profit in the year to 30 Jun 2026 (revenue not disclosed).
Duo Plastics Limited reported £1.1m profit in the year to 30 Jun 2026, down 22% on the year before; its revenue was not disclosed. It had 100 employees. The company is classified under “manufacture of plastic packing goods” and is based in Manchester; we hold 4 years of its filed accounts.
- 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”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 30 Jun 2024 | 30 Jun 2025 | 30 Jun 2026 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | £30.7m | £42.5m | £27m | — |
| Cost of sales | £28.1m | £34.3m | £21.8m | £21.6m |
| Gross profit | £2.6m | £8.2m | £5.2m | — |
| Operating profit | £524k | £2.3m | £1.6m | — |
| Profit before tax | £348k | £2m | £1.2m | £1.3m |
| Profit after tax | £502k | £1.8m | £1.4m | £1.1m |
| Profit (best available) | £502k | £1.8m | £1.4m | £1.1m |
| Staff costs | £4.1m | £6.6m | £4.7m | £5m |
| Employees (average) | 95 | 109 | 115 | 100 |
| 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 | £11k |
| Growth (year on year) | ||||
| Profit growth | — | — | — | ▼22.2% |
| Headcount growth | — | — | — | ▼13% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £177k | £23.3k | £387k | £125k |
| Net assets | £5.6m | £6.7m | £7.9m | £9.3m |
| Fixed assets | £6.2m | £5.1m | £4.7m | £4.6m |
| Current assets | £15m | £16.6m | £15.3m | £16.6m |
| Debtors | £5.9m | £5.1m | £4.3m | £4.7m |
| Deferred income | £784k | £2.1m | £950k | £1.6m |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Oct 2026 |
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
- £11k
- 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.
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
- ▲17%
- Now £9.3m
- Cash at bank
- ▼68%
- Now £125k
- Headcount
- ▼13%
- Now 100
- Deferred income
- ▲67%
- Now £1.6m
- Fixed assets
- ▼3%
- Now £4.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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).
Similar profitable businesses
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- Staff
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- NDC Polipak LimitedSutton Coldfield · Manufacture of plastic packing goods
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- TS (UK) LimitedMiddleton · Manufacture of plastic packing goods
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2026 (profit £1.1m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.