citeab limited
citeab limited Company Information
Company Number
08530854
Next Accounts
Sep 2025
Shareholders
andrew chalmers
university of bath
View AllGroup Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
14 new bond street, bath, BA1 1BE
Website
www.citeab.comciteab limited Estimated Valuation
Pomanda estimates the enterprise value of CITEAB LIMITED at £592.7k based on a Turnover of £1.2m and 0.49x industry multiple (adjusted for size and gross margin).
citeab limited Estimated Valuation
Pomanda estimates the enterprise value of CITEAB LIMITED at £0 based on an EBITDA of £-408.6k and a 4.21x industry multiple (adjusted for size and gross margin).
citeab limited Estimated Valuation
Pomanda estimates the enterprise value of CITEAB LIMITED at £1.1m based on Net Assets of £416.7k and 2.61x industry multiple (adjusted for liquidity).
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Citeab Limited Overview
Citeab Limited is a live company located in bath, BA1 1BE with a Companies House number of 08530854. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2013, it's largest shareholder is andrew chalmers with a 33.3% stake. Citeab Limited is a established, small sized company, Pomanda has estimated its turnover at £1.2m with high growth in recent years.
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Citeab Limited Health Check
Pomanda's financial health check has awarded Citeab Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £1.2m, make it larger than the average company (£850.8k)
- Citeab Limited
£850.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (8.5%)
- Citeab Limited
8.5% - Industry AVG
Production
with a gross margin of 58.7%, this company has a comparable cost of product (58.7%)
- Citeab Limited
58.7% - Industry AVG
Profitability
an operating margin of -34.1% make it less profitable than the average company (7.3%)
- Citeab Limited
7.3% - Industry AVG
Employees
with 14 employees, this is above the industry average (8)
14 - Citeab Limited
8 - Industry AVG
Pay Structure
on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)
- Citeab Limited
£57.1k - Industry AVG
Efficiency
resulting in sales per employee of £86.6k, this is less efficient (£132.6k)
- Citeab Limited
£132.6k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is near the average (63 days)
- Citeab Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (25 days)
- Citeab Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Citeab Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 79 weeks, this is more cash available to meet short term requirements (24 weeks)
79 weeks - Citeab Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44%, this is a lower level of debt than the average (55.9%)
44% - Citeab Limited
55.9% - Industry AVG
CITEAB LIMITED financials
Citeab Limited's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of £416.7 thousand. According to their latest financial statements, Citeab Limited has 14 employees and maintains cash reserves of £496.3 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 14 | 13 | 9 | 7 | 8 | 5 | 5 | 2 | |||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,421 | 19,161 | 11,206 | 9,070 | 9,514 | 6,463 | 8,617 | 4,055 | 116 | ||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 16,421 | 19,161 | 11,206 | 9,070 | 9,514 | 6,463 | 8,617 | 4,055 | 116 | ||
| Stock & work in progress | |||||||||||
| Trade Debtors | 226,810 | 210,564 | 130,892 | 154,056 | 79,142 | 105,394 | 52,286 | 50,920 | 63,316 | 2,313 | |
| Group Debtors | |||||||||||
| Misc Debtors | 5,103 | 72 | 72 | 72 | 2,875 | 72 | 72 | ||||
| Cash | 496,282 | 667,415 | 725,070 | 468,571 | 303,608 | 183,413 | 183,446 | 91,636 | 29,194 | 15,478 | |
| misc current assets | |||||||||||
| total current assets | 728,195 | 877,979 | 855,962 | 622,699 | 382,822 | 288,879 | 238,607 | 142,628 | 92,582 | 17,791 | |
| total assets | 744,616 | 897,140 | 867,168 | 631,769 | 392,336 | 295,342 | 247,224 | 146,683 | 92,698 | 17,791 | |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 3,350 | 3,359 | 4,612 | 1,274 | 1 | 1,397 | |||||
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 321,452 | 89,900 | 155,538 | 152,047 | 18,539 | 21,352 | 20,720 | 7,758 | 9,948 | ||
| total current liabilities | 324,802 | 93,259 | 160,150 | 153,321 | 18,539 | 21,352 | 20,720 | 7,759 | 9,948 | 1,397 | |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 3,120 | 3,640 | |||||||||
| total long term liabilities | 3,120 | 3,640 | |||||||||
| total liabilities | 327,922 | 96,899 | 160,150 | 153,321 | 18,539 | 21,352 | 20,720 | 7,759 | 9,948 | 1,397 | |
| net assets | 416,694 | 800,241 | 707,018 | 478,448 | 373,797 | 273,990 | 226,504 | 138,924 | 82,750 | 16,394 | |
| total shareholders funds | 416,694 | 800,241 | 707,018 | 478,448 | 373,797 | 273,990 | 226,504 | 138,924 | 82,750 | 16,394 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 5,473 | 6,386 | 3,736 | 3,025 | 3,172 | 2,154 | 2,872 | 1,352 | 39 | ||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | 21,349 | 79,672 | -23,236 | 74,914 | -26,252 | 50,305 | 4,169 | -12,396 | 61,075 | 2,313 | |
| Creditors | -9 | -1,253 | 3,338 | 1,274 | -1 | 1 | -1,397 | 1,397 | |||
| Accruals and Deferred Income | 231,552 | -65,638 | 3,491 | 133,508 | -2,813 | 632 | 12,962 | -2,190 | 9,948 | ||
| Deferred Taxes & Provisions | -520 | 3,640 | |||||||||
| 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 | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -171,133 | -57,655 | 256,499 | 164,963 | 120,195 | -33 | 91,810 | 62,442 | 13,716 | 15,478 | |
| overdraft | |||||||||||
| change in cash | -171,133 | -57,655 | 256,499 | 164,963 | 120,195 | -33 | 91,810 | 62,442 | 13,716 | 15,478 |
citeab limited Credit Report and Business Information
Citeab Limited Competitor Analysis
Perform a competitor analysis for citeab limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BA1 area or any other competitors across 12 key performance metrics.
citeab limited Ownership
CITEAB LIMITED group structure
Citeab Limited has no subsidiary companies.
Ultimate parent company
CITEAB LIMITED
08530854
citeab limited directors
Citeab Limited currently has 4 directors. The longest serving directors include Mr David Kelly (Jan 2014) and Mr Adam Pope (Jan 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Kelly | 37 years | Jan 2014 | - | Director | |
| Mr Adam Pope | United Kingdom | 38 years | Jan 2014 | - | Director |
| Dr Andrew Chalmers | 52 years | Jan 2014 | - | Director | |
| Mr Mark Farmer | United Kingdom | 63 years | Jan 2014 | - | Director |
P&L
December 2023turnover
1.2m
+13%
operating profit
-414.1k
0%
gross margin
58.8%
+0.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
416.7k
-0.48%
total assets
744.6k
-0.17%
cash
496.3k
-0.26%
net assets
Total assets minus all liabilities
Similar Companies
citeab limited company details
company number
08530854
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
May 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
TC GROUP
auditor
-
address
14 new bond street, bath, BA1 1BE
Bank
-
Legal Advisor
-
citeab 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 citeab limited.
citeab 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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citeab limited Companies House Filings - See Documents
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