citation holdings limited
citation holdings limited Company Information
Company Number
04104682
Next Accounts
Sep 2025
Industry
Business and domestic software development
Shareholders
citation midco limited
Group Structure
View All
Contact
Registered Address
kings court water lane, wilmslow, cheshire, SK9 5AR
Website
www.citation.co.ukcitation holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CITATION HOLDINGS LIMITED at £0 based on a Turnover of £0 and 0.88x industry multiple (adjusted for size and gross margin).
citation holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CITATION HOLDINGS LIMITED at £0 based on an EBITDA of £-26.7m and a 5.28x industry multiple (adjusted for size and gross margin).
citation holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CITATION HOLDINGS LIMITED at £251.4m based on Net Assets of £106.2m and 2.37x industry multiple (adjusted for liquidity).
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Citation Holdings Limited Overview
Citation Holdings Limited is a live company located in cheshire, SK9 5AR with a Companies House number of 04104682. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2000, it's largest shareholder is citation midco limited with a 100% stake. Citation Holdings Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Citation Holdings Limited Health Check
Pomanda's financial health check has awarded Citation Holdings Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Citation Holdings Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Citation Holdings Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Citation Holdings Limited
- - Industry AVG
Employees
with 277 employees, this is above the industry average (40)
- - Citation Holdings Limited
- - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has a lower pay structure (£72.1k)
- - Citation Holdings Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
- - Citation Holdings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.8%, this is a higher level of debt than the average (62.3%)
- - Citation Holdings Limited
- - Industry AVG
CITATION HOLDINGS LIMITED financials
Citation Holdings Limited's latest turnover from December 2023 is 0 and the company has net assets of £106.2 million. According to their latest financial statements, Citation Holdings Limited has 277 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,317,653 | 15,368,034 | 13,897,829 | 12,839,950 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 7,763,395 | 7,251,142 | 7,487,399 | 6,829,803 | |||||||||||
| Gross Profit | 9,554,258 | 8,116,892 | 6,410,430 | 6,010,147 | |||||||||||
| Admin Expenses | 5,517,614 | 3,799,177 | 3,813,006 | 3,966,343 | |||||||||||
| Operating Profit | -29,129,992 | 193,969,581 | -6,465,631 | -12,652,045 | -480,118 | -57,385 | -1,682 | -1,157,386 | -5 | -7,130 | -83,869 | 4,036,644 | 4,317,715 | 2,597,424 | 2,043,804 |
| Interest Payable | 9,460,185 | 4,174,692 | 5,152,792 | 4,822,131 | 2,584,086 | 2,345,174 | 0 | 0 | 0 | 0 | 0 | 11,467 | 78,892 | 73,648 | 4,755 |
| Interest Receivable | 4,796,960 | 3,672,514 | 1,543,459 | 33,851 | 580 | 0 | 0 | 0 | 0 | 0 | 132 | 1,690 | 0 | 357 | 14,310 |
| Pre-Tax Profit | -59,762,521 | 216,649,869 | -10,074,964 | -17,440,325 | -3,063,624 | -2,402,559 | -1,682 | -1,157,386 | -5 | -7,130 | -83,737 | 4,026,867 | 4,238,823 | 2,524,133 | 2,053,359 |
| Tax | -112,271 | -125 | 8,171 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -947,699 | -1,188,960 | -782,861 | -569,684 |
| Profit After Tax | -59,874,792 | 216,649,744 | -10,066,793 | -17,440,325 | -3,063,624 | -2,402,559 | -1,682 | -1,157,386 | -5 | -7,130 | -83,737 | 3,079,168 | 3,049,863 | 1,741,272 | 1,483,675 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,400,000 |
| Retained Profit | -59,874,792 | 216,649,744 | -10,066,793 | -17,440,325 | -3,063,624 | -2,402,559 | -1,682 | -1,157,386 | -5 | -7,130 | -83,737 | 3,079,168 | 3,049,863 | 1,741,272 | 83,675 |
| Employee Costs | 13,365,028 | 10,374,185 | 3,386,470 | 725,592 | 0 | 0 | 0 | 0 | 0 | 5,072 | 7,434,441 | 7,114,390 | 7,851,268 | 7,309,725 | |
| Number Of Employees | 277 | 206 | 67 | 3 | 4 | 4 | 4 | 203 | 199 | 200 | 184 | ||||
| EBITDA* | -26,662,812 | 194,966,293 | -6,465,631 | -12,652,045 | -480,118 | -57,385 | -1,682 | -1,157,386 | -5 | -7,130 | -83,869 | 4,455,956 | 4,833,819 | 3,053,832 | 2,318,753 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 150,693 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 287,738 | 368,964 | 559,143 | 540,938 |
| Intangible Assets | 6,307,425 | 4,196,212 | 1,306,549 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,242,825 | 1,895,894 | 2,119,116 | 0 |
| Investments & Other | 243,396,122 | 176,448,766 | 130,625,897 | 112,490,694 | 69,544,030 | 40,002,925 | 36,745,764 | 6,236,254 | 6,236,254 | 6,236,154 | 6,236,154 | 0 | 480,623 | 0 | 2,342,688 |
| Debtors (Due After 1 year) | 6,936,764 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,246,129 | 4,940,580 | 3,169,295 | 2,293,657 |
| Total Fixed Assets | 256,791,004 | 180,644,978 | 131,932,446 | 112,490,694 | 69,544,030 | 40,002,925 | 36,745,764 | 6,236,254 | 6,236,254 | 6,236,154 | 6,236,154 | 8,776,692 | 7,686,061 | 5,847,554 | 5,177,283 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 113,040 | 1,865,614 | 1,808,812 | 2,411,757 |
| Group Debtors | 102,788,330 | 191,171,778 | 32,470,067 | 44,818,635 | 1,420,022 | 4,934,396 | 3,491,584 | 5,669,996 | 6,022,736 | 5,707,496 | 5,985,598 | 1,130,482 | 519,200 | 0 | 0 |
| Misc Debtors | 2,392,049 | 1,330,984 | 430,155 | 109,796 | 48,722 | 188,032 | 37,500 | 37,500 | 0 | 538,371 | 24,256 | 2,529,959 | 667,204 | 786,697 | 870,245 |
| Cash | 1,126,907 | 1,974,749 | 811,479 | 56,354 | 10,000 | 53,781 | 307,223 | 702 | 702 | 707 | 20,000 | 682,693 | 869 | 13,025 | 438,710 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 106,307,286 | 194,477,511 | 33,711,701 | 44,984,785 | 1,478,744 | 5,176,209 | 3,836,307 | 5,708,198 | 6,023,438 | 6,246,574 | 6,029,854 | 4,456,174 | 3,052,887 | 2,608,534 | 3,720,712 |
| total assets | 363,098,290 | 375,122,489 | 165,644,147 | 157,475,479 | 71,022,774 | 45,179,134 | 40,582,071 | 11,944,452 | 12,259,692 | 12,482,728 | 12,266,008 | 13,232,866 | 10,738,948 | 8,456,088 | 8,897,995 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 537,708 | 1,856,825 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 869 | 13,025 | 0 |
| Trade Creditors | 307,129 | 1,358,340 | 129,875 | 175,828 | 121,263 | 2,105 | 900 | 0 | 819 | 0 | 0 | 115,783 | 140,317 | 174,497 | 231,573 |
| Group/Directors Accounts | 247,288,360 | 187,472,982 | 183,484,596 | 169,562,193 | 63,167,446 | 37,936,978 | 32,674,530 | 6,342,965 | 5,500,000 | 5,500,000 | 5,500,000 | 0 | 0 | 0 | 0 |
| other short term finances | 5,389,321 | 14,823,123 | 8,800,428 | 0 | 7,600,443 | 805,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,778 | 63,990 | 63,990 | 0 |
| other current liabilities | 3,790,265 | 5,372,930 | 601,412 | 0 | 0 | 0 | 2,306,836 | 0 | 0 | 223,850 | 0 | 1,840,230 | 1,835,178 | 1,497,924 | 1,653,853 |
| total current liabilities | 256,775,075 | 209,027,375 | 193,016,311 | 169,738,021 | 70,889,152 | 38,744,083 | 34,982,266 | 6,342,965 | 5,500,819 | 5,723,850 | 5,500,000 | 1,996,791 | 2,578,062 | 3,606,261 | 1,885,426 |
| loans | 0 | 0 | 0 | 5,042,829 | 0 | 3,237,805 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,016 | 31,995 | 95,986 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 102,893 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 102,893 | 0 | 0 | 5,042,829 | 0 | 3,237,805 | 0 | 0 | 0 | 0 | 0 | 26,016 | 31,995 | 95,986 | 0 |
| total liabilities | 256,877,968 | 209,027,375 | 193,016,311 | 174,780,850 | 70,889,152 | 41,981,888 | 34,982,266 | 6,342,965 | 5,500,819 | 5,723,850 | 5,500,000 | 2,022,807 | 2,610,057 | 3,702,247 | 1,885,426 |
| net assets | 106,220,322 | 166,095,114 | -27,372,164 | -17,305,371 | 133,622 | 3,197,246 | 5,599,805 | 5,601,487 | 6,758,873 | 6,758,878 | 6,766,008 | 11,210,059 | 8,128,891 | 4,753,841 | 7,012,569 |
| total shareholders funds | 106,220,322 | 166,095,114 | -27,372,164 | -17,305,371 | 133,622 | 3,197,246 | 5,599,805 | 5,601,487 | 6,758,873 | 6,758,878 | 6,766,008 | 11,210,059 | 8,128,891 | 4,753,841 | 7,012,569 |
| Dec 2023 | 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 | -29,129,992 | 193,969,581 | -6,465,631 | -12,652,045 | -480,118 | -57,385 | -1,682 | -1,157,386 | -5 | -7,130 | -83,869 | 4,036,644 | 4,317,715 | 2,597,424 | 2,043,804 |
| Depreciation | 25,789 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 199,795 | 292,882 | 232,836 | 274,949 |
| Amortisation | 2,441,391 | 996,712 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 219,517 | 223,222 | 223,572 | 0 |
| Tax | -112,271 | -125 | 8,171 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -947,699 | -1,188,960 | -782,861 | -569,684 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -80,385,619 | 159,602,540 | -12,028,209 | 43,459,687 | -3,653,684 | 1,593,344 | -2,178,412 | -315,240 | -223,131 | 236,013 | -3,009,756 | 1,027,012 | 2,227,794 | 189,145 | 5,575,659 |
| Creditors | -1,051,211 | 1,228,465 | -45,953 | 54,565 | 119,158 | 1,205 | 900 | -819 | 819 | 0 | -115,783 | -24,534 | -34,180 | -57,076 | 231,573 |
| Accruals and Deferred Income | -1,582,665 | 4,771,518 | 601,412 | 0 | 0 | -2,306,836 | 2,306,836 | 0 | -223,850 | 223,850 | -1,840,230 | 5,052 | 337,254 | -155,929 | 1,653,853 |
| Deferred Taxes & Provisions | 102,893 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 51,079,553 | 41,363,611 | 6,126,208 | -56,057,167 | 3,292,724 | -3,956,360 | 4,484,466 | -842,965 | 95 | -19,293 | 969,874 | 2,461,763 | 1,720,139 | 1,868,821 | -1,941,164 |
| Investing Activities | |||||||||||||||
| capital expenditure | -541,241 | -519,726 | -57,929 | -389,941 | |||||||||||
| Change in Investments | 66,947,356 | 45,822,869 | 18,135,203 | 42,946,664 | 29,541,105 | 3,257,161 | 30,509,510 | 0 | 100 | 0 | 6,236,154 | -480,623 | 480,623 | -2,342,688 | 2,342,688 |
| cash flow from investments | -60,618 | -1,000,349 | 2,284,759 | -2,732,629 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -869 | -12,156 | 13,025 | 0 |
| Group/Directors Accounts | 59,815,378 | 3,988,386 | 13,922,403 | 106,394,747 | 25,230,468 | 5,262,448 | 26,331,565 | 842,965 | 0 | 0 | 5,500,000 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -9,433,802 | 6,022,695 | 8,800,428 | -7,600,443 | 6,795,443 | 805,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -5,042,829 | 5,042,829 | -3,237,805 | 3,237,805 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -66,794 | -29,191 | -63,991 | 159,976 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -4,663,225 | -502,178 | -3,609,333 | -4,788,280 | -2,583,506 | -2,345,174 | 0 | 0 | 0 | 0 | 132 | -9,777 | -78,892 | -73,291 | 9,555 |
| cash flow from financing | 45,718,351 | -13,673,563 | 14,070,669 | 99,050,185 | 26,204,600 | 6,960,079 | 26,331,565 | 842,965 | 0 | 0 | 1,073,024 | -37,837 | 170,148 | -3,900,290 | 6,938,449 |
| cash and cash equivalents | |||||||||||||||
| cash | -847,842 | 1,163,270 | 755,125 | 46,354 | -43,781 | -253,442 | 306,521 | 0 | -5 | -19,293 | -662,693 | 681,824 | -12,156 | -425,685 | 438,710 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -537,708 | -1,319,117 | 1,856,825 | 0 |
| change in cash | -847,842 | 1,163,270 | 755,125 | 46,354 | -43,781 | -253,442 | 306,521 | 0 | -5 | -19,293 | -662,693 | 1,219,532 | 1,306,961 | -2,282,510 | 438,710 |
citation holdings limited Credit Report and Business Information
Citation Holdings Limited Competitor Analysis
Perform a competitor analysis for citation holdings limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mature companies, companies in SK9 area or any other competitors across 12 key performance metrics.
citation holdings limited Ownership
CITATION HOLDINGS LIMITED group structure
Citation Holdings Limited has 14 subsidiary companies.
Ultimate parent company
CITATION MIDCO LTD
#0150653
1 parent
CITATION HOLDINGS LIMITED
04104682
14 subsidiaries
citation holdings limited directors
Citation Holdings Limited currently has 2 directors. The longest serving directors include Mr Christopher Morris (Mar 2013) and Ms Eloise Wann (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Morris | United Kingdom | 52 years | Mar 2013 | - | Director |
| Ms Eloise Wann | United Kingdom | 47 years | Apr 2017 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-29.1m
-115%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
106.2m
-0.36%
total assets
363.1m
-0.03%
cash
1.1m
-0.43%
net assets
Total assets minus all liabilities
citation holdings limited company details
company number
04104682
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
November 2000
age
25
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
broomco (2379) limited (December 2000)
accountant
-
auditor
-
address
kings court water lane, wilmslow, cheshire, SK9 5AR
Bank
-
Legal Advisor
-
citation holdings 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 7 charges/mortgages relating to citation holdings limited. Currently there are 1 open charges and 6 have been satisfied in the past.
citation holdings limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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citation holdings limited Companies House Filings - See Documents
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