CITIFINANCIAL EUROPE LIMITED
Get an alert when CITIFINANCIAL EUROPE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-11 (in 4mo)
Last made up 2025-08-28
Watchouts
None on the register
Cash
£2M
-2.8% vs 2023
Net assets
£34M
-1.1% vs 2023
Employees
—
Average over period
Profit before tax
-£390K
+82.4% vs 2023
Name history
Renamed 3 times since incorporation
- CITIFINANCIAL EUROPE LIMITED 2017-06-05 → present
- CITIFINANCIAL EUROPE PLC 2003-04-11 → 2017-06-05
- ASSOCIATES CAPITAL CORPORATION PLC 1978-12-31 → 2003-04-11
- WEEKHURST LIMITED 1978-06-23 → 1978-12-31
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£2,215,000 | -£390,000 | |
| Profit before tax | -£2,215,000 | -£390,000 | |
| Net profit | -£2,215,000 | -£390,000 | |
| Cash | £1,732,000 | £1,684,000 | |
| Total assets less current liabilities | £33,976,000 | £33,586,000 | |
| Net assets | £33,976,000 | £33,586,000 | |
| Equity | £33,976,000 | £33,586,000 | |
| Average employees | — | — | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -6.5% | -1.2% | |
| Gearing (liabilities / total assets) | 5.3% | 3.4% | |
| Current ratio | 18.82x | 29.34x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101 Reduced Disclosure Framework
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore, have prepared the financial statements on a going concern basis. In addition, Citigroup Inc. continues to provide confirmation that it will provide sufficient funding to the Company to ensure that it maintains a sound financial situation and is in a position to meet its debt obligations for the foreseeable future.”
Significant events
- “As at 31 December 2024, the Company held no consumer loan portfolio assets. The Company now solely manages legacy obligations including the handling of Payment Protection Insurance (PPI) claims.”
- “On 26 January 2016, as the Company no longer undertakes any regulated business activities, the Company had its regulatory licence cancelled by the FCA.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 50 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CUMMING, Simon James | Secretary | 2008-06-01 | — | British |
| BURNS, William Alan | Director | 2021-11-19 | Aug 1964 | American |
| MURPHY, William Adrian | Director | 2023-07-10 | Mar 1980 | Irish |
Show 50 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELL, Stuart William | Secretary | 1999-06-16 | 2006-04-13 |
| GAULTER, Andrew Martin | Secretary | 2006-04-13 | 2008-06-01 |
| HALL, Michael John | Secretary | — | 1999-06-16 |
| ANDERSON, Scott Thomas | Director | 1999-01-06 | 2002-10-14 |
| BENEDETTO, Joseph Andrea | Director | 2004-06-22 | 2006-05-02 |
| BRAITHWAITE, Alun Charles | Director | 1995-11-07 | 1999-03-24 |
| CAMPBELL, John | Director | 1993-11-09 | 1997-11-05 |
| COBB, James Robert | Director | 2007-06-28 | 2008-01-09 |
| CRONIN, Michael | Director | 1998-07-14 | 2005-11-18 |
| DUFFELL, Alan Michael | Director | 2011-05-18 | 2016-02-29 |
| FARACE, Andrea | Director | 2014-03-31 | 2018-07-30 |
| GEARY, Geoffrey John | Director | 1999-08-02 | 2006-05-02 |
| GODFREY, John Edgar | Director | — | 1995-07-21 |
| GOKLANY, Kunal Manohar | Director | 2023-02-03 | 2023-06-30 |
| GOSS, Gavan Patrick | Director | 1995-09-07 | 1997-03-20 |
| HALL, Michael John | Director | 1995-09-07 | 2006-04-28 |
| HOLLINGSWORTH, Matthew Lee | Director | 1992-11-19 | 1995-09-07 |
| HORIE, Wilfred Y | Director | 1997-03-20 | 2000-01-01 |
| HUGHES, Keith William | Director | — | 1996-06-07 |
| JONES, Thomas William | Director | 2005-03-11 | 2005-06-22 |
| KERR, Ian David | Director | 2007-05-01 | 2008-03-19 |
| KORNREICH, Joel | Director | 2011-05-24 | 2011-10-19 |
| LENORA, Michael | Director | 1998-01-16 | 2001-01-04 |
| LYALL, Nicholas Mark Edward | Director | 2006-04-25 | 2008-04-09 |
| MALONE, Daniel Martin | Director | 2000-10-02 | 2005-06-22 |
| MEILER, Jeffrey George | Director | 1998-07-14 | 2002-08-30 |
| MER, Nandan | Director | 2004-06-22 | 2006-10-16 |
| MILNE, Duncan Andrew | Director | 2011-11-16 | 2015-03-24 |
| MISTRY, Jiten Vasantkumar | Director | 2016-01-26 | 2021-11-20 |
| PETTERSSON, Lars Ake | Director | 1997-03-20 | 1998-02-28 |
| PIJLS, Henricus Lambertus | Director | 2010-03-09 | 2010-07-12 |
| PIJLS, Henricus Lambertus | Director | 2008-05-16 | 2010-02-25 |
| PLUMB, Robert Henry Charles | Director | 1999-01-06 | 2000-07-31 |
| PORTER, Derek Andrew | Director | 1993-11-09 | 1996-10-25 |
| ROLAND, John Peter | Director | — | 1993-09-01 |
| RYAN, Gerard Jude | Director | 2007-05-01 | 2011-06-30 |
| SARUP, Sarvesh | Director | 2006-05-04 | 2007-02-06 |
| SESSOMS, Bobby Daniel | Director | — | 1995-07-07 |
| SHAKESPEARE, Susan Gail | Director | 2019-12-04 | 2023-02-03 |
| SHAKESPEARE, Susan Gail | Director | 2004-06-22 | 2010-02-25 |
| SHARLAND, David Ian | Director | 2017-04-07 | 2019-12-04 |
| SILVERMAN, Allan Henry Phillips | Director | 2005-06-22 | 2008-03-19 |
| SILVERMAN, Allan | Director | 2003-03-19 | 2005-03-11 |
| SINGH, Surinder Pal | Director | 2006-03-17 | 2007-05-02 |
| SLONE, Thomas Ray | Director | 1995-09-07 | 1997-03-20 |
| STYLES, Desmond Guy | Director | 1998-07-14 | 1999-03-24 |
| TOBIAS MARIN, Francisco | Director | 2011-10-18 | 2013-05-10 |
| WEST, Stuart Ronald | Director | — | 1994-04-25 |
| WIGGINS, Jon Christopher | Director | 2010-07-09 | 2011-05-31 |
| WILLIAMS, Terence Ivan | Director | 1994-05-20 | 2006-04-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Citigroup Inc. | Corporate entity | Shares 75–100%, ownership-of-shares-75-to-100-percent-as-firm, Voting 75–100%, voting-rights-75-to-100-percent-as-firm, Appoints directors, right-to-appoint-and-remove-directors-as-firm | 2017-05-25 | Active |
| Citifinancial Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Significant influence | 2016-04-06 | Ceased 2017-05-25 |
Filing timeline
Last 20 of 259 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-09-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-08 | AA | accounts | Accounts with accounts type full | |
| 2023-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-05 | AA | accounts | Accounts with accounts type full | |
| 2022-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-22 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-22 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-08 | AA | accounts | Accounts with accounts type full | |
| 2021-08-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-11-15 | SH01 | capital | Capital allotment shares | |
| 2020-08-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-08-10 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
-2.8%
£1,732,000 £1,684,000
-
Net assets
-1.1%
£33,976,000 £33,586,000
-
Employees
—
Not reported
-
Operating profit
+82.4%
-£2,215,000 -£390,000
-
Profit before tax
+82.4%
-£2,215,000 -£390,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers