citco london limited
citco london limited Company Information
Company Number
03818926
Website
www.citcogroup.comRegistered Address
7 albemarle street, london, W1S 4HQ
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
02072901350
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
cc & t holdings limited 100%
citco london limited Estimated Valuation
Pomanda estimates the enterprise value of CITCO LONDON LIMITED at £2m based on a Turnover of £1.4m and 1.36x industry multiple (adjusted for size and gross margin).
citco london limited Estimated Valuation
Pomanda estimates the enterprise value of CITCO LONDON LIMITED at £0 based on an EBITDA of £-190k and a 5.59x industry multiple (adjusted for size and gross margin).
citco london limited Estimated Valuation
Pomanda estimates the enterprise value of CITCO LONDON LIMITED at £1.9m based on Net Assets of £1m and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Citco London Limited Overview
Citco London Limited is a live company located in london, W1S 4HQ with a Companies House number of 03818926. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in July 1999, it's largest shareholder is cc & t holdings limited with a 100% stake. Citco London Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.
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Citco London Limited Health Check
Pomanda's financial health check has awarded Citco London Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£4.6m)
£1.4m - Citco London Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (3.2%)
-9% - Citco London Limited
3.2% - Industry AVG
Production
with a gross margin of 61.7%, this company has a comparable cost of product (61.7%)
61.7% - Citco London Limited
61.7% - Industry AVG
Profitability
an operating margin of -13.2% make it less profitable than the average company (10.8%)
-13.2% - Citco London Limited
10.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Citco London Limited
15 - Industry AVG
Pay Structure
on an average salary of £299.7k, the company has a higher pay structure (£79.3k)
£299.7k - Citco London Limited
£79.3k - Industry AVG
Efficiency
resulting in sales per employee of £479.3k, this is more efficient (£226.7k)
£479.3k - Citco London Limited
£226.7k - Industry AVG
Debtor Days
it gets paid by customers after 123 days, this is later than average (30 days)
123 days - Citco London Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (38 days)
1 days - Citco London Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Citco London Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 83 weeks, this is more cash available to meet short term requirements (39 weeks)
83 weeks - Citco London Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.9%, this is a lower level of debt than the average (58.9%)
38.9% - Citco London Limited
58.9% - Industry AVG
CITCO LONDON LIMITED financials
Citco London Limited's latest turnover from December 2022 is £1.4 million and the company has net assets of £1 million. According to their latest financial statements, Citco London Limited has 3 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,438,000 | 1,211,000 | 1,132,000 | 1,935,000 | 2,117,766 | 2,130,272 | 2,193,185 | 2,188,348 | 2,742,460 | 3,802,937 | 5,366,702 | 3,529,941 | 2,412,408 | 2,458,779 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -190,000 | -22,000 | 38,000 | -59,000 | 80,412 | -208,844 | 213,488 | 216,910 | 217,651 | 524,279 | 395,713 | 243,684 | -70,856 | -302,491 |
| Interest Payable | 11,000 | 8,000 | 6,000 | 9,000 | 60 | 117 | 708 | 1,071 | 983 | 381 | 66,524 | 0 | 3,692 | 191,979 |
| Interest Receivable | 24,000 | 0 | 2,000 | 0 | 1,929 | 0 | 100 | 1,695 | 0 | 3,773 | 18,744 | 79 | 0 | 19 |
| Pre-Tax Profit | -177,000 | -30,000 | 34,000 | -68,000 | 87,216 | -204,478 | 276,969 | 252,952 | 232,524 | 534,533 | 340,690 | 245,103 | -139,181 | -494,451 |
| Tax | 43,000 | -2,000 | 5,000 | 30,000 | -26,526 | 33,755 | -52,740 | -28,164 | -67,728 | -57,876 | -44,500 | -11,694 | 250,137 | -838 |
| Profit After Tax | -134,000 | -32,000 | 39,000 | -38,000 | 60,690 | -170,723 | 224,229 | 224,788 | 164,796 | 476,657 | 296,190 | 233,409 | 110,956 | -495,289 |
| Dividends Paid | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -384,000 | -32,000 | 39,000 | -38,000 | 60,690 | -170,723 | 224,229 | 224,788 | 164,796 | 476,657 | 296,190 | 233,409 | 110,956 | -495,289 |
| Employee Costs | 899,000 | 536,000 | 331,000 | 781,000 | 844,653 | 1,042,494 | 987,921 | 1,299,605 | 1,484,082 | 2,372,241 | 3,887,069 | 2,297,928 | 1,680,479 | 1,662,860 |
| Number Of Employees | 3 | 2 | 1 | 2 | 7 | 8 | 8 | 12 | 12 | 9 | 24 | 19 | 14 | 14 |
| EBITDA* | -190,000 | -22,000 | 51,000 | 47,000 | 95,542 | -178,836 | 248,069 | 275,985 | 285,072 | 601,265 | 470,990 | 282,258 | -55,549 | -272,934 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 38,000 | 29,000 | 21,000 | 79,000 | 7,262 | 56,394 | 13,726 | 20,628 | 30,586 | 68,752 | 105,638 | 145,715 | 11,438 | 20,990 |
| Intangible Assets | 0 | 0 | 0 | 0 | 102,118 | 144,805 | 174,060 | 203,316 | 232,571 | 261,826 | 291,001 | 320,336 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Debtors (Due After 1 year) | 38,000 | 29,000 | 21,000 | 21,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144,235 |
| Total Fixed Assets | 38,000 | 29,000 | 21,000 | 58,000 | 109,380 | 201,199 | 187,786 | 223,944 | 263,157 | 330,578 | 396,639 | 466,051 | 11,438 | 165,227 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 488,000 | 406,000 | 466,000 | 377,000 | 831,655 | 711,309 | 787,064 | 550,183 | 820,119 | 854,927 | 787,309 | 796,054 | 261,563 | 459,543 |
| Group Debtors | 0 | 0 | 53,000 | 0 | 52,856 | 72,482 | 76,451 | 10,531 | 31,048 | 89,724 | 223,238 | 99,578 | 259,242 | 327,728 |
| Misc Debtors | 83,000 | 76,000 | 17,000 | 92,000 | 75,781 | 135,944 | 59,883 | 31,920 | 95,791 | 102,901 | 149,254 | 303,710 | 289,494 | 164,549 |
| Cash | 1,028,000 | 1,278,000 | 1,350,000 | 1,608,000 | 994,352 | 776,698 | 2,275,562 | 2,290,334 | 1,896,491 | 1,445,247 | 1,095,647 | 685,590 | 906,600 | 258,862 |
| misc current assets | 0 | 0 | 0 | 278,000 | 17,482 | 4,835 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,599,000 | 1,760,000 | 1,886,000 | 2,355,000 | 1,972,126 | 1,701,268 | 3,198,960 | 2,882,968 | 2,843,449 | 2,492,799 | 2,255,448 | 1,884,932 | 1,716,899 | 1,210,682 |
| total assets | 1,637,000 | 1,789,000 | 1,907,000 | 2,413,000 | 2,081,506 | 1,902,467 | 3,386,746 | 3,106,912 | 3,106,606 | 2,823,377 | 2,652,087 | 2,350,983 | 1,728,337 | 1,375,909 |
| Bank overdraft | 139,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 750,442 |
| Trade Creditors | 2,000 | 1,000 | 12,000 | 29,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,517 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 554,163 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 496,000 | 404,000 | 479,000 | 969,000 | 666,206 | 847,857 | 761,413 | 705,808 | 923,504 | 811,857 | 1,117,224 | 1,112,310 | 723,073 | 477,547 |
| total current liabilities | 637,000 | 405,000 | 491,000 | 1,012,000 | 666,206 | 847,857 | 761,413 | 705,808 | 923,504 | 811,857 | 1,117,224 | 1,112,310 | 723,073 | 1,795,669 |
| loans | 0 | 0 | 0 | 48,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,572 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 24,000 | 0 | 0 | 0 | 0 | 6,786 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 637,000 | 405,000 | 491,000 | 1,036,000 | 666,206 | 847,857 | 761,413 | 705,808 | 930,290 | 811,857 | 1,117,224 | 1,112,310 | 723,073 | 1,795,669 |
| net assets | 1,000,000 | 1,384,000 | 1,416,000 | 1,377,000 | 1,415,300 | 1,054,610 | 2,625,333 | 2,401,104 | 2,176,316 | 2,011,520 | 1,534,863 | 1,238,673 | 1,005,264 | -419,760 |
| total shareholders funds | 1,000,000 | 1,384,000 | 1,416,000 | 1,377,000 | 1,415,300 | 1,054,610 | 2,625,333 | 2,401,104 | 2,176,316 | 2,011,520 | 1,534,863 | 1,238,673 | 1,005,264 | -419,760 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -190,000 | -22,000 | 38,000 | -59,000 | 80,412 | -208,844 | 213,488 | 216,910 | 217,651 | 524,279 | 395,713 | 243,684 | -70,856 | -302,491 |
| Depreciation | 0 | 0 | 13,000 | 4,000 | 503 | 753 | 5,325 | 29,820 | 38,166 | 47,811 | 45,942 | 19,071 | 15,307 | 29,557 |
| Amortisation | 0 | 0 | 0 | 102,000 | 14,627 | 29,255 | 29,256 | 29,255 | 29,255 | 29,175 | 29,335 | 19,503 | 0 | 0 |
| Tax | 43,000 | -2,000 | 5,000 | 30,000 | -26,526 | 33,755 | -52,740 | -28,164 | -67,728 | -57,876 | -44,500 | -11,694 | 250,137 | -838 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 98,000 | -46,000 | 67,000 | -470,292 | 40,557 | -3,663 | 330,764 | -354,324 | -100,594 | -112,249 | -39,541 | 389,043 | -285,756 | 1,096,055 |
| Creditors | 1,000 | -11,000 | -17,000 | 29,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,517 | 13,517 |
| Accruals and Deferred Income | 92,000 | -75,000 | -490,000 | 302,794 | -181,651 | 86,444 | 55,605 | -217,696 | 111,647 | -305,367 | 4,914 | 389,237 | 245,526 | 477,547 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,572 | 13,572 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -152,000 | -64,000 | -518,000 | 879,086 | -153,192 | -54,974 | -79,830 | 370,877 | 443,157 | 350,271 | 470,945 | 270,758 | 712,353 | -878,763 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 2 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -750,442 | 750,442 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -554,163 | 554,163 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -48,000 | 48,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -38,000 | 38,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 13,000 | -8,000 | -4,000 | -9,000 | 1,869 | -117 | -608 | 624 | -983 | 3,392 | -47,780 | 79 | -3,692 | -191,960 |
| cash flow from financing | 13,000 | -8,000 | -90,000 | 76,700 | 301,869 | -1,400,117 | -608 | 624 | -983 | 3,392 | -47,780 | 79 | 5,771 | 1,188,174 |
| cash and cash equivalents | ||||||||||||||
| cash | -250,000 | -72,000 | -258,000 | 613,648 | 217,654 | -1,498,864 | -14,772 | 393,843 | 451,244 | 349,600 | 410,057 | -221,010 | 647,738 | 258,862 |
| overdraft | 139,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -389,000 | -72,000 | -258,000 | 613,648 | 217,654 | -1,498,864 | -14,772 | 393,843 | 451,244 | 349,600 | 410,057 | -221,010 | 647,738 | 258,862 |
citco london limited Credit Report and Business Information
Citco London Limited Competitor Analysis
Perform a competitor analysis for citco london limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
citco london limited Ownership
CITCO LONDON LIMITED group structure
Citco London Limited has 4 subsidiary companies.
Ultimate parent company
CITCO III LTD
#0058945
CC&T HOLDINGS LTD
#0043994
2 parents
CITCO LONDON LIMITED
03818926
4 subsidiaries
citco london limited directors
Citco London Limited currently has 3 directors. The longest serving directors include Mr Huig Braamskamp (Sep 2020) and Mr Maqboolali Mohamed (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Huig Braamskamp | Netherlands | 50 years | Sep 2020 | - | Director |
| Mr Maqboolali Mohamed | United Kingdom | 53 years | May 2023 | - | Director |
| Mr Maqboolali Mohamed | England | 53 years | May 2023 | - | Director |
P&L
December 2022turnover
1.4m
+19%
operating profit
-190k
+764%
gross margin
61.7%
-0.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1m
-0.28%
total assets
1.6m
-0.08%
cash
1m
-0.2%
net assets
Total assets minus all liabilities
Similar Companies
citco london limited company details
company number
03818926
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
July 1999
age
25
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
7 albemarle street, london, W1S 4HQ
last accounts submitted
December 2022
citco london limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to citco london limited. Currently there are 2 open charges and 0 have been satisfied in the past.
citco london limited Companies House Filings - See Documents
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