DUCT SYSTEMS LIMITED Financials
- Company number
- 04758653CopyCopy
- Registered office
- Belfry House, Bell Lane, Hertford, Herts SG14 1BP
- Incorporated
- 09/05/2003
Company snapshot
- Status
- Active
- Employees
- 9 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
31.80%vs 20242024: £536.99K
Total Assets
33.58%vs 20242024: £776.67K
Cash in Bank
26.99%vs 20242024: £408.45K
Total Liabilities
37.57%vs 20242024: £239.68K
Employees
+2vs 20242024: 7
In 2025, DUCT SYSTEMS LIMITED reported net assets of £707.75K. The same filing shows total assets of £1.04M, cash in bank of £518.70K and total liabilities of £329.72K. Reported headcount was 9 in 2025. Total Assets rose from £776.67K in 2024 to £1.04M in 2025 (33.58%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
31.80%from £536.99K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures DUCT SYSTEMS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+155%vs 2023+59.8% a year compound (CAGR)
Cash in Bank
+19.1%vs 2023+9.1% a year compound (CAGR)
Total Assets
+74.3%vs 2023+32% a year compound (CAGR)
Total Liabilities
+3.7%vs 2023+1.8% a year compound (CAGR)
Employees
+12.5%vs 2023+1Biggest increase
Net Assets+155%
£277.12K in 2023 to £707.75K in 2025
Every indicator Okredo holds for DUCT SYSTEMS LIMITED rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DUCT SYSTEMS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 68.22%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 31.78%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 157.32%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 50.00%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for DUCT SYSTEMS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 126.06K | 218.84K | 277.12K | 536.99K | 707.75K |
| Total Assets£ | 293.33K | 504.62K | 595.11K | 776.67K | 1.04M |
| Cash in Bank£ | 172.55K | 367.93K | 435.54K | 408.45K | 518.70K |
| Total Liabilities£ | 167.27K | 285.78K | 317.99K | 239.68K | 329.72K |
| Employees | 9 | 8 | 8 | 7 | 9 |
DUCT SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DUCT SYSTEMS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
DUCT SYSTEMS LIMITED reported net assets of £707.75K for 2025. That compares with £536.99K in 2024, a change of 31.80%.
DUCT SYSTEMS LIMITED reported total assets of £1.04M for 2025. That compares with £776.67K in 2024, a change of 33.58%.
DUCT SYSTEMS LIMITED reported cash in bank of £518.70K for 2025. That compares with £408.45K in 2024, a change of 26.99%.
DUCT SYSTEMS LIMITED reported 9 employees in 2025, compared with 7 in 2024.
Between 2023 and 2025, DUCT SYSTEMS LIMITED's net assets rose by 155%, cash in bank rose by 19.1%, total assets rose by 74.3% and total liabilities rose by 3.7%. Net assets compounded at 59.8% a year across the two years to 2025, from £277.12K to £707.75K. Reported headcount went from 8 in 2023 to 9 in 2025 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.