CENIT GROUP LIMITED Financials
- Company number
- SC649655CopyCopy
- Registered office
- 4 Queen Street, Edinburgh, Edinburgh EH2 1JE
- Incorporated
- 16/12/2019
Company snapshot
- Status
- Active
- Employees
- 11 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
37.33%vs 20222022: £25.40K
Total Assets
Increasedvs 20212021: £296.31K
Cash in Bank
125.72%vs 20222022: £38.10K
Total Liabilities
Increasedvs 20212021: £119.18K
Employees
-2vs 20222022: 13
In 2023, CENIT GROUP LIMITED reported net assets of £34.88K. The same filing shows total assets of £481.24K, cash in bank of £85.99K and total liabilities of £430.03K. Reported headcount was 11 in 2023. Total Liabilities rose from £119.18K in 2021 to £430.03K in 2023. Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
37.33%from £25.40K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures CENIT GROUP LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-79.1%vs 2021-54.3% a year compound (CAGR)
Cash in Bank
+360%vs 2021+115% a year compound (CAGR)
Total Assets
+62.4%vs 2021+27.4% a year compound (CAGR)
Filed for 2021 and 2023 only
Total Liabilities
+261%vs 2021+90% a year compound (CAGR)
Filed for 2021 and 2023 only
Employees
-15.4%vs 2021-2Biggest increase
Cash in Bank+360%
£18.68K in 2021 to £85.99K in 2023
Biggest decrease
Net Assets-79.1%
£166.94K in 2021 to £34.88K in 2023
CENIT GROUP LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CENIT GROUP LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 7.25%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 89.36%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 20.00%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 17.87%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for CENIT GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 166.94K | 25.40K | 34.88K |
| Total Assets£ | 296.31K | – | 481.24K |
| Cash in Bank£ | 18.68K | 38.10K | 85.99K |
| Total Liabilities£ | 119.18K | – | 430.03K |
| Employees | 13 | 13 | 11 |
CENIT GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CENIT GROUP LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
CENIT GROUP LIMITED reported net assets of £34.88K for 2023. That compares with £25.40K in 2022, a change of 37.33%.
CENIT GROUP LIMITED reported total assets of £481.24K for 2023. That compares with £296.31K in 2021.
CENIT GROUP LIMITED reported cash in bank of £85.99K for 2023. That compares with £38.10K in 2022, a change of 125.72%.
CENIT GROUP LIMITED reported 11 employees in 2023, compared with 13 in 2022.
Between 2021 and 2023, CENIT GROUP LIMITED's net assets fell by 79.1%, cash in bank rose by 360%, total assets rose by 62.4% and total liabilities rose by 261%. Net assets contracted at 54.3% a year across the two years to 2023, from £166.94K to £34.88K. Reported headcount went from 13 in 2021 to 11 in 2023 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.