CIT GROUP LIMITED

1. CIT GROUP LIMITED 2012-03-23 → present
2. CIT GROUP PLC 2001-04-12 → 2012-03-23
3. C I T GROUP PLC 2000-11-06 → 2001-04-12
4. CIT INVESTMENT MANAGEMENT LIMITED 1997-12-08 → 2000-11-06

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the group and company have adequate resources to continue in operational existence for the foreseeable future, being 12 months from the date of approval of these financial statements. Accordingly, the directors continue to adopt the going concern basis in the preparation of the annual accounts.”

Group structure

1. CIT GROUP LIMITED · parent
   1. CIT Group Partners LLP 80% · UK · Property Investment
   2. CIT Financial Services Limited 80% · UK · Financial services
   3. CIT Europe Limited 80% · Bahamas · Dormant
   4. CIT Developments LLP 80% · UK · Property development management
   5. CIT Management Limited 80% · UK · Management services
   6. CIT Jermyn Ltd 80% · UK · Dormant
   7. CIT Asset Management Limited 80% · UK · Property management
   8. CIT Development Services Limited 80% · UK · Property development management

Significant events

• “Included within investments is an amount totalling £1,100,000 that relates to a project that is subject to refinancing in the foreseeable future. Should the project be unsuccessful in refinancing, the extent to which the value of the investment could be realised would be uncertain.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -11.2%

  £5,134,497 → £4,561,141

• Cash

  -33.2%

  £2,331,655 → £1,557,240

• Net assets

  -10.1%

  £6,101,537 → £5,488,080

• Employees

  +11.1%

  18 → 20

• Operating profit

  -110.8%

  £1,275,847 → -£138,137

• Profit before tax

  -182.4%

  £773,519 → -£637,684

• Wages

  +1.1%

  £1,805,244 → £1,825,450

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers