citylet ltd
citylet ltd Company Information
Company Number
05466032
Website
citylets.co.ukRegistered Address
13 the crescent, hyde park, leeds, LS6 2NW
Industry
Management of real estate on a fee or contract basis
Telephone
01132042900
Next Accounts Due
February 2025
Group Structure
View All
Directors
Mohsan Mirza19 Years
Shareholders
mohsan mirza 100%
citylet ltd Estimated Valuation
Pomanda estimates the enterprise value of CITYLET LTD at £38.6k based on a Turnover of £31.1k and 1.24x industry multiple (adjusted for size and gross margin).
citylet ltd Estimated Valuation
Pomanda estimates the enterprise value of CITYLET LTD at £0 based on an EBITDA of £-932 and a 4.44x industry multiple (adjusted for size and gross margin).
citylet ltd Estimated Valuation
Pomanda estimates the enterprise value of CITYLET LTD at £0 based on Net Assets of £-46.1k and 1.64x industry multiple (adjusted for liquidity).
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Citylet Ltd Overview
Citylet Ltd is a live company located in leeds, LS6 2NW with a Companies House number of 05466032. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in May 2005, it's largest shareholder is mohsan mirza with a 100% stake. Citylet Ltd is a established, micro sized company, Pomanda has estimated its turnover at £31.1k with declining growth in recent years.
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Citylet Ltd Health Check
Pomanda's financial health check has awarded Citylet Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £31.1k, make it smaller than the average company (£1.1m)
- Citylet Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (4.1%)
- Citylet Ltd
4.1% - Industry AVG
Production
with a gross margin of 12.2%, this company has a higher cost of product (44.8%)
- Citylet Ltd
44.8% - Industry AVG
Profitability
an operating margin of -3% make it less profitable than the average company (8%)
- Citylet Ltd
8% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - Citylet Ltd
10 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)
- Citylet Ltd
£43.6k - Industry AVG
Efficiency
resulting in sales per employee of £31.1k, this is less efficient (£103.5k)
- Citylet Ltd
£103.5k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (33 days)
- Citylet Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 199 days, this is slower than average (32 days)
- Citylet Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Citylet Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Citylet Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 866.2%, this is a higher level of debt than the average (81%)
866.2% - Citylet Ltd
81% - Industry AVG
CITYLET LTD financials
Citylet Ltd's latest turnover from May 2023 is estimated at £31.1 thousand and the company has net assets of -£46.1 thousand. According to their latest financial statements, Citylet Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,955 | 2,955 | 2,955 | 2,955 | 2,955 | 2,955 | 2,955 | 4,505 | 0 | 4,505 | 4,505 | 4,305 | 2,955 | 3,476 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,505 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,955 | 2,955 | 2,955 | 2,955 | 2,955 | 2,955 | 2,955 | 4,505 | 4,505 | 4,505 | 4,505 | 4,305 | 2,955 | 3,476 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,056 | 3,056 | 3,057 | 3,057 | 4,645 | 4,645 | 4,645 | 8,671 | 8,158 | 11,167 | 80,207 | 95,418 | 110,701 | 91,947 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,386 | 8,438 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 54 | 49 | 278 |
| misc current assets | 0 | 0 | 0 | 0 | 1,776 | 1,776 | 1,776 | 1,776 | 1,776 | 1,776 | 0 | 0 | 0 | 0 |
| total current assets | 3,056 | 3,056 | 3,057 | 3,057 | 6,421 | 6,421 | 6,421 | 10,447 | 9,934 | 12,943 | 80,211 | 95,472 | 119,136 | 100,663 |
| total assets | 6,011 | 6,011 | 6,012 | 6,012 | 9,376 | 9,376 | 9,376 | 14,952 | 14,439 | 17,448 | 84,716 | 99,777 | 122,091 | 104,139 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 14,944 | 14,012 | 10,219 | 30,948 | 24,982 | 24,556 | 24,116 | 30,770 | 46,500 | 64,854 | 90,161 | 100,887 | 120,796 | 103,191 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 14,944 | 14,012 | 10,219 | 30,948 | 24,982 | 24,556 | 24,116 | 30,770 | 46,500 | 64,854 | 90,161 | 100,887 | 120,796 | 103,191 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 1,320 | 480 | 480 | 480 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 37,125 | 37,125 | 37,125 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 37,125 | 37,125 | 38,445 | 480 | 480 | 480 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 52,069 | 51,137 | 48,664 | 31,428 | 25,462 | 25,036 | 24,116 | 30,770 | 46,500 | 64,854 | 90,161 | 100,887 | 120,796 | 103,191 |
| net assets | -46,058 | -45,126 | -42,652 | -25,416 | -16,086 | -15,660 | -14,740 | -15,818 | -32,061 | -47,406 | -5,445 | -1,110 | 1,295 | 948 |
| total shareholders funds | -46,058 | -45,126 | -42,652 | -25,416 | -16,086 | -15,660 | -14,740 | -15,818 | -32,061 | -47,406 | -5,445 | -1,110 | 1,295 | 948 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 521 | 614 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -1 | 0 | -1,588 | 0 | 0 | -4,026 | 513 | -3,009 | -69,040 | -15,211 | -23,669 | 18,702 | 100,385 |
| Creditors | 932 | 3,793 | -20,729 | 5,966 | 426 | 440 | -6,654 | -15,730 | -18,354 | -25,307 | -10,726 | -19,909 | 17,605 | 103,191 |
| Accruals and Deferred Income | 0 | -1,320 | 840 | 0 | 0 | 480 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,505 | 4,505 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 37,125 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4 | -50 | 5 | -229 | 278 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4 | -50 | 5 | -229 | 278 |
citylet ltd Credit Report and Business Information
Citylet Ltd Competitor Analysis
Perform a competitor analysis for citylet ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LS6 area or any other competitors across 12 key performance metrics.
citylet ltd Ownership
CITYLET LTD group structure
Citylet Ltd has no subsidiary companies.
Ultimate parent company
CITYLET LTD
05466032
citylet ltd directors
Citylet Ltd currently has 1 director, Mr Mohsan Mirza serving since May 2005.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohsan Mirza | 53 years | May 2005 | - | Director |
P&L
May 2023turnover
31.1k
+19%
operating profit
-932
0%
gross margin
12.2%
-7.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-46.1k
+0.02%
total assets
6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
citylet ltd company details
company number
05466032
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
May 2005
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
13 the crescent, hyde park, leeds, LS6 2NW
Bank
-
Legal Advisor
-
citylet ltd 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 5 charges/mortgages relating to citylet ltd. Currently there are 5 open charges and 0 have been satisfied in the past.
citylet ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
