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Cit Digital Limited

04947164

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ELECTRIC WORKS, SHEFFIELD, S1 2BJ
Incorporated 29/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing

Officers

Mr Celestion Richard Cruz

director · Since 04/11/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Persons with Significant Control

Mr Celestion Richard Cruz

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 63

Electric Works, Sheffield Digital Campus, Sheffield, S1 2BJ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/06/2016Registered 22/06/2016

CompanyRankvs 1170+ SIC 58290 peers
58

Financial strength92th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£184k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£35k

Current Liabilities

£84k

Fixed Assets

£309k

3avg. employees

Balance Sheet

Intangible assets£302k
Assets less current liabilities£260k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42+£20k
20230.35-£8k
20220.49-£13k
20210.82+£2k
20200.48+£48k
20190.13+£20k
20180.11

Derived from filed accounts. Not audited figures.