Citu Group Ltd in Leeds, LS10 1FB

Description

Data updated on: 01-11-2023

The company referred to as Citu Group was created on 2016/09/14 as a Private Limited Company. This business's headquarters can be found at Leeds on The Place 4 Central Place, Clarence Road, Climate Innovation District. Assuming you want to reach the company by mail, the postal code is LS10 1FB. The reg. no. for Citu Group Ltd is 10375624. This business's SIC code is 70100 and has the NACE code: Activities of head offices. Citu Group Limited released its account information for the financial period up to 2021-12-31. The firm's most recent annual confirmation statement was filed on 2023-09-16.

When it comes to the business, the majority of director's assignments have been met by Jonathan W. and Christopher T.. Out of these two managers, Christopher T. has supervised business for the longest time, having been one of the many members of officers' team since 2016. What is more, the managing director's responsibilities are often backed by a secretary - Fraser S., who joined the following business in 2019.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-07-31	2018-12-31	2021-12-31	2022-12-30
Currency
Net Worth	1

Balance Sheet
Cash Bank On Hand			259 971	24 788
Current Assets	69 516	12 864 619	13 276 573	16 561 928
Debtors			13 016 602	16 537 140
Net Assets Liabilities			-4 207 628	-5 497 196
Other Debtors			65 522	2 188
Total Inventories			37 392 156	63 250 552
Net Assets Liabilities Including Pension Asset Liability	1

Capital & Reserves
Shareholder Funds	1

Other Financial Data
Audit Fees Expenses			23 450	55 000
Other Non-audit Services Entity Subsidiaries Fees			17 520
Other Taxation Advisory Services Entity Subsidiaries Fees			1 500
Taxation Compliance Services Entity Subsidiaries Fees			7 950
Accrued Liabilities Deferred Income			-15 944	250 461
Accumulated Depreciation Impairment Property Plant Equipment			4 948	6 619
Additional Provisions Increase From New Provisions Recognised				347 716
Additions Other Than Through Business Combinations Property Plant Equipment				13 687
Administration Support Average Number Employees			192	44
Administrative Expenses			2 521 363	5 469 946
Amortisation Government Grants			-27 845
Amounts Owed By Group Undertakings			12 849 153	16 341 128
Amounts Owed To Group Undertakings			4 479 448	17 480 164
Amounts Owed To Other Related Parties Other Than Directors			1 029 905	21 778
Amounts Receivable In Respect Group Relief			96 329	164 829
Applicable Tax Rate			19	19
Average Number Employees During Period	2	2	194	113
Bank Borrowings Overdrafts			28 272 281	4 232 112
Bank Overdrafts				57 680
Called Up Share Capital Not Paid Not Expressed As Current Asset	1	1
Cash Cash Equivalents			1 400 470	669 835
Cash Cash Equivalents Cash Flow Value			1 400 260	669 635
Comprehensive Income Expense			-933 653	-1 289 568
Corporation Tax Recoverable			248 176	86 805
Cost Sales			10 809 663	8 773 428
Creditors	69 515	5 736 890	17 832 417	17 827 512
Current Tax For Period			210
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-233 575	399 966
Deferred Tax Liabilities			-347 716	393 170
Depreciation Expense Property Plant Equipment			73 494	200 965
Depreciation Rate Used For Property Plant Equipment				33
Disposals Decrease In Depreciation Impairment Property Plant Equipment				14 813
Disposals Property Plant Equipment				51 231
Distribution Costs				115 189
Finance Lease Liabilities Present Value Total			252 525	273 056
Finance Lease Payments Owing Minimum Gross			252 525	273 056
Future Minimum Lease Payments Under Non-cancellable Operating Leases			1 860 000	1 843 333
Gain Loss From Fair Value Adjustment Investment Property Recognised In Profit Or Loss			159 540	275 000
Gain Loss In Cash Flows From Change In Accrued Items			707 930	-757
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-6 755 145	-14 424 690
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			379 880	1 607 131
Gain Loss In Cash Flows From Change In Inventories			-9 325 690	-25 858 396
Gain Loss On Disposals Property Plant Equipment			-8 340	-34 147
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss				514
Government Grant Income			27 845
Gross Profit Loss			6 262 775	6 962 860
Income Taxes Paid Refund Classified As Operating Activities			8
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			760 471	-730 835
Increase Decrease In Current Tax From Foreign Exchange Adjustments			-202
Increase Decrease In Finance Costs Due To Redemption Extinguishment Debt			973 417
Increase Decrease In Net Debt From Cash Flows				38 490 234
Increase From Depreciation Charge For Year Property Plant Equipment				1 671
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			129 412	865 022
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			27 496	16 048
Interest Income On Cash Cash Equivalents				316
Interest Paid Classified As Operating Activities			1 130 714	881 070
Interest Payable Similar Charges Finance Costs			1 130 714	881 070
Interest Received Classified As Operating Activities				316
Investments			500	500
Investments Fixed Assets			500	500
Net Cash Flows From Used In Financing Activities			13 869 172	37 759 599
Net Cash Flows From Used In Investing Activities			-648 660	-355 602
Net Cash Flows From Used In Operating Activities			-12 460 041	-38 134 832
Net Cash Generated From Operations			-11 329 319	-37 254 078
Net Current Assets Liabilities	1	4 994 151	-4 555 844	-1 265 584
Net Debt Funds			27 278 241	65 768 475
Net Deferred Tax Liability Asset			-347 716	119 942
Number Shares Issued Fully Paid			200	200
Operating Profit Loss			3 769 257	1 462 522
Other Creditors			13 142	55 948
Other Finance Costs			389
Other Interest Receivable Similar Income Finance Income				316
Other Investments Other Than Loans			500	500
Other Operating Income Format1			27 845	84 797
Other Remaining Operating Income				84 797
Other Taxation Social Security Payable			882 245
Par Value Share				1
Payments Finance Lease Liabilities Classified As Financing Activities			-101 535	-59 346
Pension Costs Defined Contribution Plan			113 592	111 638
Pension Other Post-employment Benefit Costs Other Pension Costs			113 592	111 638
Prepayments Accrued Income			429 028	243 028
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal		274 282
Proceeds From Borrowings Classified As Financing Activities			13 693 328	37 782 145
Proceeds From Government Grants Classified As Financing Activities			27 845
Proceeds From Repayment Loans Advances To Group Undertakings Classified As Financing Activities			46 464	-81 892
Proceeds From Sales Property Plant Equipment			502 290	2 271
Production Average Number Employees				67
Profit Loss			-933 653	-1 289 568
Profit Loss Attributable To Non-controlling Interests			-83 880	-95 532
Profit Loss Attributable To Owners Parent			2 788 230	86 270
Profit Loss On Ordinary Activities Before Tax			2 638 543	581 768
Property Plant Equipment Gross Cost			5 314	19 001
Provisions			-347 716	393 170
Provisions For Liabilities Balance Sheet Subtotal			-347 716	393 170
Purchase Property Plant Equipment			1 150 950	357 873
Raw Materials			232 281	491 091
Revenue From Customer Loyalty Programmes			16 614 528	15 125 506
Revenue From Rendering Services				106 499
Social Security Costs			351 669	162 439
Staff Costs Employee Benefits Expense			3 983 415	5 234 376
Tax Decrease From Utilisation Tax Losses			776 890	-245 750
Tax Expense Credit Applicable Tax Rate			501 323	110 536
Tax Increase Decrease From Effect Capital Allowances Depreciation				-43 576
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			8 086	591
Tax Increase Decrease From Other Short-term Timing Differences			33 914	86 665
Tax Tax Credit On Profit Or Loss On Ordinary Activities			-233 567	399 966
Total Assets Less Current Liabilities	1		-4 555 344	-1 265 084
Total Current Tax Expense Credit			8
Total Increase Decrease From Revaluations Property Plant Equipment				275 000
Trade Creditors Trade Payables			1 001 233	19 161
Trade Debtors Trade Receivables			5 598	28 995
Turnover Revenue			17 072 438	15 736 288
Wages Salaries			3 518 154	4 960 299
Work In Progress			37 159 875	62 759 461
Company Contributions To Money Purchase Plans Directors			2 970	2 079
Director Remuneration			189 000	162 665
Director Remuneration Benefits Excluding Payments To Third Parties			191 970	164 744
Creditors Due Within One Year	69 515

Company staff

Jonathan W.

Role: Director

Appointed: 22 December 2020

Latest update: 18 January 2024

Fraser S.

Role: Secretary

Appointed: 01 September 2019

Latest update: 18 January 2024

Christopher T.

Role: Director

Appointed: 14 September 2016

Latest update: 18 January 2024

People with significant control

Christopher T. is the individual with significant control over this firm, owns over 3/4 of company shares.

Christopher T.

Notified on 14 September 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	22 December 2023
Account last made up date	31 December 2021
Confirmation statement next due date	30 September 2024
Confirmation statement last made up date	16 September 2023

Annual Accounts 30 April 2018
Start Date For Period Covered By Report	2016-09-14
End Date For Period Covered By Report	2017-07-31
Date Approval Accounts	30 April 2018
Annual Accounts
Start Date For Period Covered By Report	2017-08-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	30 December 2022

Citu Group Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jonathan W.

Fraser S.

Christopher T.

Fraser S.

People with significant control

Christopher T.

Accounts Documents

Company filings

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