CIT REALISATIONS LIMITED

ONE SNOWHILL, SNOW HILL QUEENSWAY, BIRMINGHAM, B4 6GH

Previous name: CHILTERN INVADEX LIMITED (changed on 03-Apr-2007)

Company Number: 01182024
Incorporation date: 27-Aug-1974
Status: Active
Entity type: Private Limited Company

SIC codes:
3663 Other manufacturing

SUMMARY

This company is 49.7 years old and is currently active. The latest reported revenue figure is GBP 14 million which is up 100% on previous year's figure of GBP 7 million. Retained earnings is negative (GBP -2.3 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 5 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 31-Oct-2007
Accounts Filed: FULL (31-Dec-2005)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Dec-2005	GBP	13,981,394	-2,259,412	20,710	12,599	21,334	-2,229,967
31-Dec-2004	GBP	6,960,164	-1,000,684	2,252	5,491	62,520	-941,403
30-Jun-2004	GBP	15,160,566	-275,911

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
31-Dec-2005	GBP	1,347,518	7,479,522	4,790,384	6,220,842	99	-2,332,711
31-Dec-2004	GBP	71,666	6,965,890	2,469,465	5,905,659	99	-102,744	365,717
30-Jun-2004	GBP	71,666	7,840,191	2,687,667	5,686,554	99	838,659	1,321,665

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**

Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Martin John HOVARD	22 Oct 2005	18 Apr 2024			2 - 5
Resigned	Stephen William HUMPHREY	29 Oct 2004	19 Sep 2005	Chartered Accountant	British	0 - 19
Resigned	Anthony John TAYLOR	16 Apr 1997	29 Oct 2004			0 - 28
Resigned	Robert Currie ROBERTSON	09 Oct 1995	16 Apr 1997			0 - 8
Resigned	Mark HAYNES	23 Jun 1995	09 Oct 1995			1 - 3
Resigned	Peter SCOTT	21 Jun 1995	23 Jun 1995	Company Secretary	British	4 - 4
Resigned	Mary Christine HAYES		21 Jun 1995			0 - 2

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Resigned	Jarl Michael SEVERN	19 Sep 2005	10 Jun 2021	Director	Danish	2 - 3	0 (0.0%)
Active	Paul Ralph Richard GOODMAN	19 Sep 2005		Director	British	2 - 4	1 (16.7%)
Active	Per LAURITSEN	18 Oct 2004		Company Director	Danish	1 - 0	0 (0.0%)
Resigned	Peter Jeremy GIBSON	01 Jun 2004	13 Jan 2005	Director	British	0 - 19	9 (47.4%)
Resigned	James William ROCK	01 Jan 2004	08 Jul 2005	Director	British	1 - 1	0 (0.0%)
Resigned	Stephen, Managing Director STONE	11 Nov 2003	19 Sep 2005	Director	British	0 - 2	0 (0.0%)
Resigned	Jeremy MCMAHON	11 Nov 2003	19 Sep 2005	Director	British	0 - 1	0 (0.0%)
Resigned	Stephen William HUMPHREY	03 Feb 2003	19 Sep 2005	Chartered Accountant	British	0 - 19	5 (26.3%)
Resigned	Ian Charles WARDLAW	15 Apr 2002	19 Sep 2005	Production Director	British	1 - 2	1 (33.3%)
Resigned	Ross William BRITTON	15 Apr 2002	01 Jul 2005	Sales Director	British	0 - 3	2 (66.7%)
Resigned	Jonathan David PRICE	01 Jul 2000	01 May 2002	Sales Director	British	0 - 7	3 (42.9%)
Resigned	David Stephen OZHOLL	04 Jan 1999	28 Jul 1999	Director	British	0 - 3	1 (33.3%)
Resigned	Peter Gordon NASH	04 Jan 1999	30 Jun 1999	Director	British	0 - 2	1 (50.0%)
Resigned	Mark William METCALFE	07 Dec 1998	31 May 2004	Director	British	0 - 10	8 (80.0%)
Resigned	John Anthony Bernard WOTTON	22 Jul 1998	31 Oct 2001	Director	British	0 - 14	6 (42.9%)
Resigned	Robert Frederick BLAIR	13 Oct 1997	31 Dec 1998	Plumber And Heating Engineer	British	2 - 6	0 (0.0%)
Resigned	Stephen John SPICER	13 Oct 1997	23 Jun 1999	Plumber And Heating Engineer	British	1 - 2	1 (33.3%)
Resigned	Robert Currie ROBERTSON	09 Oct 1995	02 Oct 1998	Chartered Accountant	British	0 - 8	1 (12.5%)
Resigned	Rodney Napier BRAMLEY	23 Jun 1995	08 Apr 1999	Director	British	0 - 1	0 (0.0%)
Resigned	Geoffrey BULGIN	23 Jun 1995	04 Aug 2005	Director	British	0 - 1	0 (0.0%)
Resigned	Mark HAYNES		30 Sep 1998	Production Director	British	1 - 3	1 (25.0%)
Resigned	Peter James BAILEY		23 Jun 1995	Engineer	British	0 - 1	0 (0.0%)
Resigned	Peter SCOTT		23 Jun 1995	Engineer	British	4 - 4	2 (25.0%)
Resigned	Francis Patrick HAYES		23 Jun 1995	Carpenter And Builder	British	0 - 1	0 (0.0%)
Resigned	Mary Christine HAYES		21 Jun 1995	Company Secretary	British	0 - 2	0 (0.0%)
Resigned	Alice Josephine BAILEY		21 Jun 1995	Housewife	British	0 - 1	0 (0.0%)

Number of active directors: 2
Average tenure of active directors: 19.1 years
Average tenure of resigned directors: 2.6 years
Average active director Dissolution Rate: 8.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Paul Ralph Richard GOODMAN	Per LAURITSEN
BRITISH HEALTHCARE TRADES ASSOCIATION (00154121) - Active	✔
CIT REALISATIONS LIMITED (01182024) - Active	✔	✔
BSN MEDICAL LIMITED (04085346) - Active	✔
THE LINDSAY LEG CLUB FOUNDATION (05360413) - Active	✔
BSN MEDICAL UK HOLDING LIMITED (05663648) - Active	✔
HUNTER GOODMAN LIMITED (06290749) - Dissolved	✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

no controlling companies

CIT REALISATIONS LIMITED

no controlled companies

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 3663 Other manufacturing)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
CIT REALISATIONS LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.4%	1.4%	2.7%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium