Duolife Ltd

Duolife Ltd from London UK: a small, active company founded four years ago, employs two people, and holds £222,771 in assets. Operating from a virtual address—where 233 companies are registered—it’s led by one director and owned by two individuals, with a solo founder at the helm. The company regularly imports drinks, alcohol, and vinegar, having done so for 29 months, with the most recent import occurring in December 2024.

The company’s website showcases a complex business model, seemingly blending direct sales with multi-level marketing and investor relations. It operates an e-commerce store selling food supplements, cosmetics, and marketing items, alongside a "Club Member Zone" and a "Corporate Zone" aimed at recruitment and networking. A dedicated "Investor Relations" section suggests a focus on attracting investment, while a "DUOLIFE Catalogue" promotes its products and initiatives across health, development, and business. The site also highlights a "Fleet Programme" offering cars from renowned manufacturers, and a travel program with trips to destinations like Turkey and Dubai.

Financially, Duolife Ltd shows a mixed picture. Cash bank on hand has decreased by 36% to £95,000, while current assets have increased by 11% to £220,000. However, creditors have risen by 7.9% to £68,000, and debtors have surged by a staggering 12,000% to £2,500. Equity has increased by 12% to £160,000, and net current assets liabilities have also increased by 12% to £160,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the increase in debtors suggests potential payment delays. The lack of an auditor mentioned likely means the figures are unaudited.

Despite the financial complexities, Duolife Ltd appears to be actively expanding its reach through online sales, recruitment, and investor relations. Whether it can sustain this growth—and navigate the challenges of managing debtors—remains to be seen.

Registered in England/Wales under the registration number 13279966, with a registered address at W5 5TH, United Kingdom, London, Ealing Cross 85 Uxbridge Road, 1st Floor.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.