citi logik limited
citi logik limited Company Information
Company Number
07938919
Next Accounts
824 days late
Shareholders
npif yhtv equity lp
john rands
View AllGroup Structure
View All
Industry
Computer consultancy activities
+1Registered Address
5th floor grove house 248a, marylebone road, london, NW1 6BB
Website
www.citilogik.comciti logik limited Estimated Valuation
Pomanda estimates the enterprise value of CITI LOGIK LIMITED at £803.9k based on a Turnover of £1.1m and 0.72x industry multiple (adjusted for size and gross margin).
citi logik limited Estimated Valuation
Pomanda estimates the enterprise value of CITI LOGIK LIMITED at £0 based on an EBITDA of £-470.2k and a 5x industry multiple (adjusted for size and gross margin).
citi logik limited Estimated Valuation
Pomanda estimates the enterprise value of CITI LOGIK LIMITED at £0 based on Net Assets of £-1.7m and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Citi Logik Limited Overview
Citi Logik Limited is a live company located in london, NW1 6BB with a Companies House number of 07938919. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2012, it's largest shareholder is npif yhtv equity lp with a 25.7% stake. Citi Logik Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.
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Citi Logik Limited Health Check
Pomanda's financial health check has awarded Citi Logik Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£2.6m)
- Citi Logik Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (4.5%)
- Citi Logik Limited
4.5% - Industry AVG
Production
with a gross margin of 49.6%, this company has a comparable cost of product (49.6%)
- Citi Logik Limited
49.6% - Industry AVG
Profitability
an operating margin of -42.8% make it less profitable than the average company (5.8%)
- Citi Logik Limited
5.8% - Industry AVG
Employees
with 11 employees, this is below the industry average (19)
11 - Citi Logik Limited
19 - Industry AVG
Pay Structure
on an average salary of £55.3k, the company has an equivalent pay structure (£55.3k)
- Citi Logik Limited
£55.3k - Industry AVG
Efficiency
resulting in sales per employee of £101.1k, this is less efficient (£131.1k)
- Citi Logik Limited
£131.1k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (61 days)
- Citi Logik Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (34 days)
- Citi Logik Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Citi Logik Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 244 weeks, this is more cash available to meet short term requirements (23 weeks)
244 weeks - Citi Logik Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 220.3%, this is a higher level of debt than the average (60.4%)
220.3% - Citi Logik Limited
60.4% - Industry AVG
CITI LOGIK LIMITED financials
Citi Logik Limited's latest turnover from March 2021 is estimated at £1.1 million and the company has net assets of -£1.7 million. According to their latest financial statements, Citi Logik Limited has 11 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 11 | 12 | 10 | 7 | 8 | 7 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,841 | 6,561 | 9,257 | 11,469 | 902 | 886 | 1,771 | ||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 9,841 | 6,561 | 9,257 | 11,469 | 902 | 886 | 1,771 | ||
| Stock & work in progress | |||||||||
| Trade Debtors | 195,328 | 77,008 | 48,467 | 67,650 | 40,060 | 259,877 | 567,893 | 12,083 | 5,350 |
| Group Debtors | |||||||||
| Misc Debtors | 94,745 | 88,706 | 247,882 | 387,614 | 132,664 | 128,414 | |||
| Cash | 1,077,476 | 157,169 | 568,185 | 1,539 | 95,502 | 80,267 | 35,959 | 13,141 | 20,680 |
| misc current assets | |||||||||
| total current assets | 1,367,549 | 322,883 | 864,534 | 456,803 | 268,226 | 468,558 | 603,852 | 25,224 | 26,030 |
| total assets | 1,377,390 | 329,444 | 873,791 | 468,272 | 269,128 | 468,558 | 604,738 | 26,995 | 26,030 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 79,101 | 55,902 | 132,011 | 87,662 | 148,675 | 33,089 | 591,811 | 20,372 | 18,014 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 150,330 | 126,368 | 184,676 | 350,340 | 143,336 | 100,142 | |||
| total current liabilities | 229,431 | 182,270 | 316,687 | 438,002 | 292,011 | 133,231 | 591,811 | 20,372 | 18,014 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 2,804,212 | 1,316,414 | 765,066 | 643,132 | 806,535 | 690,320 | |||
| provisions | 177 | 354 | |||||||
| total long term liabilities | 2,804,212 | 1,316,414 | 765,066 | 643,132 | 806,535 | 690,320 | 177 | 354 | |
| total liabilities | 3,033,643 | 1,498,684 | 1,081,753 | 1,081,134 | 1,098,546 | 823,551 | 591,988 | 20,726 | 18,014 |
| net assets | -1,656,253 | -1,169,240 | -207,962 | -612,862 | -829,418 | -354,993 | 12,750 | 6,269 | 8,016 |
| total shareholders funds | -1,656,253 | -1,169,240 | -207,962 | -612,862 | -829,418 | -354,993 | 12,750 | 6,269 | 8,016 |
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 6,110 | 6,287 | 5,385 | 2,856 | 397 | 886 | 885 | 885 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 124,359 | -130,635 | -158,915 | 282,540 | -215,567 | -179,602 | 555,810 | 6,733 | 5,350 |
| Creditors | 23,199 | -76,109 | 44,349 | -61,013 | 115,586 | -558,722 | 571,439 | 2,358 | 18,014 |
| Accruals and Deferred Income | 23,962 | -58,308 | -165,664 | 207,004 | 43,194 | 100,142 | |||
| Deferred Taxes & Provisions | -177 | -177 | 354 | ||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | 1,487,798 | 551,348 | 121,934 | -163,403 | 116,215 | 690,320 | |||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 920,307 | -411,016 | 566,646 | -93,963 | 15,235 | 44,308 | 22,818 | -7,539 | 20,680 |
| overdraft | |||||||||
| change in cash | 920,307 | -411,016 | 566,646 | -93,963 | 15,235 | 44,308 | 22,818 | -7,539 | 20,680 |
citi logik limited Credit Report and Business Information
Citi Logik Limited Competitor Analysis
Perform a competitor analysis for citi logik limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in NW1 area or any other competitors across 12 key performance metrics.
citi logik limited Ownership
CITI LOGIK LIMITED group structure
Citi Logik Limited has 1 subsidiary company.
Ultimate parent company
CITI LOGIK LIMITED
07938919
1 subsidiary
citi logik limited directors
Citi Logik Limited currently has 5 directors. The longest serving directors include Mr Jonathan Whitaker (Jun 2018) and Mr Matthew Davison (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Whitaker | 65 years | Jun 2018 | - | Director | |
| Mr Matthew Davison | United Kingdom | 53 years | Feb 2020 | - | Director |
| Mr Philippe Perret | 47 years | Apr 2020 | - | Director | |
| Mr Christopher Bax | 58 years | Jan 2021 | - | Director | |
| Mr David Best | England | 66 years | Apr 2021 | - | Director |
P&L
March 2021turnover
1.1m
+46%
operating profit
-476.3k
0%
gross margin
49.6%
-3.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-1.7m
+0.42%
total assets
1.4m
+3.18%
cash
1.1m
+5.86%
net assets
Total assets minus all liabilities
Similar Companies
citi logik limited company details
company number
07938919
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
62090 - Other information technology and computer service activities
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2021
previous names
N/A
accountant
SEDULO ACCOUNTANTS LIMITED
auditor
-
address
5th floor grove house 248a, marylebone road, london, NW1 6BB
Bank
-
Legal Advisor
-
citi logik 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 citi logik limited.
citi logik 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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citi logik limited Companies House Filings - See Documents
| date | description | view/download |
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