cititec group limited
cititec group limited Company Information
Company Number
04645216
Next Accounts
Sep 2025
Shareholders
stephen gary grant
robert benveniste
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
first floor 5 fleet place, london, EC4M 7RD
Website
www.cititec.comcititec group limited Estimated Valuation
Pomanda estimates the enterprise value of CITITEC GROUP LIMITED at £0 based on a Turnover of £0 and 0.49x industry multiple (adjusted for size and gross margin).
cititec group limited Estimated Valuation
Pomanda estimates the enterprise value of CITITEC GROUP LIMITED at £0 based on an EBITDA of £-50 and a 3.89x industry multiple (adjusted for size and gross margin).
cititec group limited Estimated Valuation
Pomanda estimates the enterprise value of CITITEC GROUP LIMITED at £24.4k based on Net Assets of £11.6k and 2.11x industry multiple (adjusted for liquidity).
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Cititec Group Limited Overview
Cititec Group Limited is a live company located in london, EC4M 7RD with a Companies House number of 04645216. It operates in the activities of head offices sector, SIC Code 70100. Founded in January 2003, it's largest shareholder is stephen gary grant with a 50% stake. Cititec Group Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Cititec Group Limited Health Check
There is insufficient data available to calculate a health check for Cititec Group Limited. Company Health Check FAQs
0 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!
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Production
There is insufficient data available for this Key Performance Indicator!
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Profitability
There is insufficient data available for this Key Performance Indicator!
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Employees
There is insufficient data available for this Key Performance Indicator!
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Pay Structure
There is insufficient data available for this Key Performance Indicator!
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Efficiency
There is insufficient data available for this Key Performance Indicator!
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
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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 (15 weeks)
- - Cititec Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93%, this is a higher level of debt than the average (55.6%)
- - Cititec Group Limited
- - Industry AVG
CITITEC GROUP LIMITED financials
Cititec Group Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of £11.6 thousand. According to their latest financial statements, we estimate that Cititec Group Limited has no employees and maintains cash reserves of £482 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 | 30,080,705 | 29,143,914 | 34,941,556 | 46,647,440 | 50,786,927 | 52,473,805 | 60,915,994 | 45,877,758 | 28,762,775 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 27,350,344 | 26,428,526 | 31,493,482 | 41,812,249 | 45,254,663 | 46,915,510 | 54,062,568 | 40,616,151 | 25,698,889 | ||||||
| Gross Profit | 2,730,361 | 2,715,388 | 3,448,074 | 4,835,191 | 5,532,264 | 5,558,295 | 6,853,426 | 5,261,607 | 3,063,886 | ||||||
| Admin Expenses | 2,082,827 | 2,287,611 | 3,026,554 | 5,134,242 | 5,501,126 | 5,398,745 | 6,072,105 | 4,912,733 | 2,896,802 | ||||||
| Operating Profit | 647,534 | 427,777 | 421,520 | -299,051 | 31,138 | 159,550 | 781,321 | 348,874 | 167,084 | ||||||
| Interest Payable | 29,006 | 54,488 | 61,568 | 83,295 | 93,765 | 120,648 | 115,204 | 75,736 | 53,855 | ||||||
| Interest Receivable | 358 | 54 | 208 | 86 | 42 | ||||||||||
| Pre-Tax Profit | 618,528 | 373,289 | 359,953 | -382,346 | -62,269 | 38,956 | 666,325 | 273,224 | 113,271 | ||||||
| Tax | -126,263 | -86,000 | -65,000 | 16,395 | -23,244 | -47,828 | -309,502 | -138,000 | -51,149 | ||||||
| Profit After Tax | 492,265 | 287,289 | 294,953 | -365,951 | -85,513 | -8,872 | 356,823 | 135,224 | 62,122 | ||||||
| Dividends Paid | 350,000 | 36,000 | |||||||||||||
| Retained Profit | 267,265 | 112,289 | 294,953 | -365,951 | -85,513 | -8,872 | 356,823 | -214,776 | 26,122 | ||||||
| Employee Costs | 1,885,358 | 1,703,174 | 2,442,298 | 4,224,350 | 4,615,059 | 4,859,440 | 5,179,536 | 4,688,944 | 2,852,455 | ||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 24 | 25 | 44 | 74 | 80 | 80 | 83 | 62 | 41 | ||
| EBITDA* | 686,764 | 582,229 | 781,280 | -216,353 | 102,218 | 208,977 | 888,680 | 448,696 | 237,603 |
* 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 | 165,497 | 147,465 | 168,581 | 96,692 | 136,500 | 186,662 | 120,518 | 95,454 | 149,323 | 130,966 | |||||
| Intangible Assets | 86,667 | ||||||||||||||
| Investments & Other | 165,497 | 165,497 | 165,497 | 165,497 | 165,497 | 47,073 | 47,073 | 47,073 | 47,073 | 47,073 | 47,073 | 47,073 | 47,393 | 47,393 | |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 165,497 | 165,497 | 165,497 | 165,497 | 165,497 | 165,497 | 147,465 | 168,581 | 230,432 | 183,573 | 233,735 | 167,591 | 142,527 | 196,716 | 178,359 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,532,343 | 3,048,966 | 3,954,734 | 2,837,918 | 4,185,299 | 4,179,319 | 4,703,237 | 3,579,022 | 1,468,047 | ||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,577,988 | 2,380,031 | 2,241,123 | 2,806,915 | 3,993,675 | 3,569,471 | 4,032,442 | 4,520,547 | 2,888,637 | ||||||
| Cash | 482 | 1,459 | 1,458 | 1,458 | 1,458 | 593 | 138,949 | 108,390 | 137,066 | 336,319 | 245,372 | 650,319 | 605,090 | 523,364 | 398,076 |
| misc current assets | |||||||||||||||
| total current assets | 482 | 1,459 | 1,458 | 1,458 | 1,458 | 593 | 4,249,280 | 5,537,387 | 6,332,923 | 5,981,152 | 8,424,346 | 8,399,109 | 9,340,769 | 8,622,933 | 4,754,760 |
| total assets | 165,979 | 166,956 | 166,955 | 166,955 | 166,955 | 166,090 | 4,396,745 | 5,705,968 | 6,563,355 | 6,164,725 | 8,658,081 | 8,566,700 | 9,483,296 | 8,819,649 | 4,933,119 |
| Bank overdraft | |||||||||||||||
| Bank loan | 11,111 | 67,105 | 422 | 63,372 | 8,978 | ||||||||||
| Trade Creditors | 1,411,785 | 1,287,606 | 2,114,880 | 2,090,201 | 2,687,495 | 1,884,070 | 2,583,887 | 2,054,955 | 1,125,125 | ||||||
| Group/Directors Accounts | 154,403 | 155,380 | 159,811 | 159,811 | 159,511 | 10,959 | 9,796 | 366 | 5,034 | 270,405 | 6,312 | ||||
| other short term finances | 131,511 | 1,605,391 | 2,441,824 | 1,934,566 | 2,466,606 | 2,697,669 | 2,493,681 | 2,011,720 | 841,804 | ||||||
| hp & lease commitments | 35,989 | 27,489 | 20,731 | 38,364 | 39,324 | 15,368 | 8,987 | ||||||||
| other current liabilities | 300 | 2,311,719 | 2,373,174 | 1,667,941 | 2,090,748 | 2,798,303 | 3,169,989 | 3,682,915 | 4,075,299 | 2,392,226 | |||||
| total current liabilities | 154,403 | 155,380 | 159,811 | 159,811 | 159,811 | 131,511 | 3,770,452 | 5,303,456 | 6,245,742 | 6,158,913 | 8,002,839 | 7,834,201 | 8,769,892 | 8,475,751 | 4,374,445 |
| loans | 46,862 | 118,840 | 11,111 | ||||||||||||
| hp & lease commitments | 23,431 | 59,420 | 31,812 | 22,723 | 47,563 | 37,120 | 18,787 | ||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 23,431 | 59,420 | 31,812 | 22,723 | 47,563 | 48,231 | 18,787 | ||||||||
| total liabilities | 154,403 | 155,380 | 159,811 | 159,811 | 159,811 | 131,511 | 3,793,883 | 5,362,876 | 6,277,554 | 6,181,636 | 8,050,402 | 7,882,432 | 8,788,679 | 8,475,751 | 4,374,445 |
| net assets | 11,576 | 11,576 | 7,144 | 7,144 | 7,144 | 34,579 | 602,862 | 343,092 | 285,801 | -16,911 | 607,679 | 684,268 | 694,617 | 343,898 | 558,674 |
| total shareholders funds | 11,576 | 11,576 | 7,144 | 7,144 | 7,144 | 34,579 | 602,862 | 343,092 | 285,801 | -16,911 | 607,679 | 684,268 | 694,617 | 343,898 | 558,674 |
| 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 | 647,534 | 427,777 | 421,520 | -299,051 | 31,138 | 159,550 | 781,321 | 348,874 | 167,084 | ||||||
| Depreciation | 39,230 | 67,785 | 77,508 | 82,698 | 71,080 | 49,427 | 107,359 | 99,822 | 70,519 | ||||||
| Amortisation | 86,667 | 282,252 | |||||||||||||
| Tax | -126,263 | -86,000 | -65,000 | 16,395 | -23,244 | -47,828 | -309,502 | -138,000 | -51,149 | ||||||
| Stock | |||||||||||||||
| Debtors | -4,110,331 | -1,318,666 | -766,860 | 551,024 | -2,534,141 | 430,184 | -986,889 | 636,110 | 3,742,885 | 4,356,684 | |||||
| Creditors | -1,411,785 | 124,179 | -827,274 | 24,679 | -597,294 | 803,425 | -699,817 | 528,932 | 929,830 | 1,125,125 | |||||
| Accruals and Deferred Income | -300 | 300 | -2,311,719 | -61,455 | 705,233 | -422,807 | -707,555 | -371,686 | -512,926 | -392,384 | 1,683,073 | 2,392,226 | |||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 1,941,891 | 1,141,048 | -232,872 | 1,029,334 | 80,529 | -64,705 | 79,616 | -819,286 | -652,879 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -16,429 | -16,474 | -72,691 | -37,470 | -13,680 | -118,179 | -18,459 | ||||||||
| Change in Investments | 165,497 | -47,073 | -320 | 47,393 | |||||||||||
| cash flow from investments | -16,429 | -16,474 | -72,691 | -37,470 | -13,360 | -118,179 | -65,852 | ||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -11,111 | -55,994 | 66,683 | -62,950 | 54,394 | 8,978 | |||||||||
| Group/Directors Accounts | -977 | -4,431 | 300 | 159,511 | -10,959 | 1,163 | 9,430 | -4,668 | 5,034 | -270,405 | 264,093 | 6,312 | |||
| Other Short Term Loans | -131,511 | 131,511 | -1,605,391 | -836,433 | 507,258 | -532,040 | -231,063 | 203,988 | 481,961 | 1,169,916 | 841,804 | ||||
| Long term loans | -46,862 | -71,978 | 118,840 | -11,111 | 11,111 | ||||||||||
| Hire Purchase and Lease Commitments | -59,420 | -27,489 | 34,366 | -8,544 | -25,800 | 34,399 | 24,714 | 27,774 | |||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -29,006 | -54,488 | -61,568 | -83,295 | -93,407 | -120,594 | -114,996 | -75,650 | -53,813 | ||||||
| cash flow from financing | -1,740,196 | -783,283 | 440,237 | -905,851 | -348,252 | 184,425 | 55,280 | 1,412,753 | 1,335,833 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | -977 | 1 | 865 | -138,356 | 30,559 | -28,676 | -199,253 | 90,947 | -404,947 | 45,229 | 81,726 | 125,288 | 398,076 | ||
| overdraft | |||||||||||||||
| change in cash | -977 | 1 | 865 | -138,356 | 30,559 | -28,676 | -199,253 | 90,947 | -404,947 | 45,229 | 81,726 | 125,288 | 398,076 |
cititec group limited Credit Report and Business Information
Cititec Group Limited Competitor Analysis
Perform a competitor analysis for cititec group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mature companies, companies in EC4M area or any other competitors across 12 key performance metrics.
cititec group limited Ownership
CITITEC GROUP LIMITED group structure
Cititec Group Limited has 1 subsidiary company.
cititec group limited directors
Cititec Group Limited currently has 3 directors. The longest serving directors include Mr Stephen Grant (Jan 2003) and Mr Stephen Lynch (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Grant | United Kingdom | 64 years | Jan 2003 | - | Director |
| Mr Stephen Lynch | United Kingdom | 48 years | Jan 2022 | - | Director |
| Mr Robert Benveniste | United Kingdom | 44 years | Jan 2022 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-51
0%
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
11.6k
0%
total assets
166k
-0.01%
cash
482
-0.67%
net assets
Total assets minus all liabilities
cititec group limited company details
company number
04645216
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
January 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
betty gottlieb limited (March 2003)
accountant
-
auditor
-
address
first floor 5 fleet place, london, EC4M 7RD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
cititec group 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 did not find charges/mortgages relating to cititec group limited.
cititec group limited Capital Raised & Share Issues BETA
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cititec group limited Companies House Filings - See Documents
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