Citu Group Ltd
Registered name: CITU GROUP LTD
Citu Group Ltd made £28.2m revenue and a £232k loss in the year to 30 Dec 2024.
Citu Group Ltd’s revenue grew 2% to £28.2m in the year to 30 Dec 2024, with a loss of £232k and 126 employees. The company is classified under “activities of head offices” and is based in Leeds; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 30 Dec 2022 | 30 Dec 2023 | 30 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £17.1m | £15.7m | £27.7m | £28.2m |
| Cost of sales | £10.8m | £8.8m | £24.1m | £20.8m |
| Gross profit | £6.3m | £7m | £3.6m | £7.4m |
| Operating profit | £3.8m | £1.5m | −£3.6m | £1.2m |
| Profit before tax | £2.6m | £582k | −£4.7m | £324k |
| Profit after tax | −£934k | −£1.3m | −£729k | −£232k |
| Profit (best available) | −£934k | −£1.3m | −£729k | −£232k |
| Staff costs | £4m | £5.2m | £5.6m | £5.7m |
| Employees (average) | 194 | 113 | 128 | 126 |
| Ratios | ||||
| Profit margin | −5.5% | −8.2% | −2.6% | −0.8% |
| Gross margin | 36.7% | 44.3% | 12.9% | 26.2% |
| Revenue per employee | £88k | £139k | £216k | £224k |
| Profit per employee | −£4.8k | −£11.4k | −£5.7k | −£1.8k |
| Cash conversion | −300.6% | −2547% | — | 123.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼7.8% | ▲75.8% | ▲2.1% |
| Headcount growth | — | ▼41.8% | ▲13.3% | ▼1.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £260k | £24.8k | £52 | £26.9k |
| Net assets | −£4.2m | −£5.5m | −£6.2m | −£6.5m |
| Fixed assets | £5.9m | £6.3m | £10.4m | £6.8m |
| Current assets | £13.3m | £16.6m | £19.9m | £20.9m |
| Debtors | £5.6k | £29k | £58.7k | £61.5k |
| Deferred income | −£15.9k | £250k | £563k | £175k |
| Cash from operations | −£11.3m | −£37.3m | £7.3m | £1.5m |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- −0.8%
- Profit ÷ revenue.
- Gross margin
- 26.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £224k
- Revenue ÷ average employees.
- Profit per employee
- −£1.8k
- Profit ÷ average employees.
- Cash conversion
- 123.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 24.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£6.5m
- Cash at bank
- ▲51681%
- Now £26.9k
- Headcount
- ▼2%
- Now 126
- Deferred income
- ▼69%
- Now £175k
- Fixed assets
- ▼34%
- Now £6.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (5)
- Citu Group Developments LtdFigures not disclosed
- Citu Low Fold Leeds LtdFigures not disclosed
- Csur02 LtdFigures not disclosed
- Csur03 LtdLiquidationFigures not disclosed
- Csur04 LtdLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Dec 2024 (profit −£232k), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.