MYCITYDEAL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-06 (in 8mo)
Last made up 2025-12-23
Watchouts
None on the register
Cash
£602K
Latest balance sheet
Net assets
£44M
+15.7% vs 2023
Employees
112
-26.8% vs 2023
Profit before tax
£4M
+30.5% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £15,282,000 | £14,288,000 | |
| Operating profit | -£329,000 | £218,000 | |
| Profit before tax | £2,864,000 | £3,737,000 | |
| Net profit | £2,038,000 | £5,393,000 | |
| Cash | — | £602,000 | |
| Total assets less current liabilities | £39,089,000 | £43,831,000 | |
| Net assets | £37,874,000 | £43,831,000 | |
| Equity | £37,874,000 | £43,831,000 | |
| Average employees | 153 | 112 | |
| Wages | £7,613,000 | £6,319,000 |
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 |
|---|---|---|---|
| Operating margin | -2.2% | 1.5% | |
| Net margin | 13.3% | 37.7% | |
| Return on capital employed | -0.8% | 0.5% | |
| Current ratio | 2.58x | 3.11x |
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
- Reporting scope
- Standalone (parent only)
- Auditor
- Ecovis Wingrave Yeats LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company is part of Groupon, Inc. group of companies (the "Group") and the directors note that the operations of the Company relies on the continued Group operations. The Group have prepared detailed forecasts and projections which indicate that the Group will continue to operate profitably and meet its liabilities for a period of at least twelve months from the date of approval of these financial statements. Based on the above the directors believe it is appropriate to continue to adopt the going concern basis in preparing the Company's financial statements.”
Group structure
- MYCITYDEAL LIMITED · parent
- Groupon Shop Ltd 100%
Significant events
- “In July 2025, the Company's existing lease agreement lapsed and the Company vacated the office premises at Floor 11, Aldgate Tower, 2 Leman Street, London E1 8FA. The Company agreed a fee of £535k with the lessor to restore the premises to its previous conditions.”
- “Effective 1 July 2025, the Company signed a new lease agreement for office space at Floor 4, Aldgate Tower, 2 Leman Street, London E1 8FA for the lease term of 3 years. As a result, the Company has recognised a right of use asset and corresponding lease liability in the amount of £1.8m in the year ended 31 December 2025.”
- “Post year end, the Company signed a loan amendment agreement with Groupon International Limited, a related party, concerning the £45m loan granted by the Company to Groupon International Limited. The agreement extended the loan term to 29 September 2028 and changed the interest rate to 6.08% (starting 29 September 2025).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RODES, Ernesto Martin | Director | 2023-05-18 | Jun 1986 | Spanish |
| SEABROOKE, Sian Elizabeth | Director | 2024-09-30 | Nov 1989 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BECVAR, John Edward | Director | 2016-04-21 | 2017-07-18 |
| BESSIRON, Jean-Francois Sylvain Bruno | Director | 2022-09-23 | 2023-03-31 |
| BLANGA, Roy | Director | 2011-12-02 | 2015-03-31 |
| CHOWDHURY, Elyas | Director | 2015-03-31 | 2016-01-29 |
| DESAPIO, Antonino Michael | Director | 2017-06-20 | 2018-01-25 |
| DOWNES, Bradley Michael | Director | 2011-12-02 | 2015-03-03 |
| GEORGE, Rachel | Director | 2018-05-08 | 2020-07-17 |
| GREEN, Philip David | Director | 2015-12-09 | 2016-03-09 |
| HERAUF, Jeremy Christopher Michael | Director | 2020-03-24 | 2021-09-17 |
| HOYT, Mark Stephen | Director | 2011-12-02 | 2015-08-15 |
| JESCHKE, Arnt | Director | 2009-12-23 | 2009-12-23 |
| MOORE, Matthew John | Director | 2020-06-29 | 2020-09-16 |
| MUHR, Christopher Peter Gerhart | Director | 2009-12-23 | 2011-12-02 |
| PATERSON, Jeremy Edward | Director | 2020-12-09 | 2022-09-23 |
| SCHLIESING, Karl William | Director | 2021-09-17 | 2022-06-09 |
| SCHMITZ, Damien Matthew | Director | 2018-01-25 | 2020-03-24 |
| SCOTT, James Michael John, Mr. | Director | 2016-01-06 | 2016-04-21 |
| STEVENSON, Robert Henry | Director | 2022-06-09 | 2024-09-30 |
| TRAPLIN, Steven Victor Ivo | Director | 2020-09-16 | 2020-12-15 |
| TSCHOETSCH, Tobias Karl Wolfgang | Director | 2011-12-02 | 2013-01-16 |
| WILSON, Jonathan | Director | 2016-04-21 | 2019-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Groupon, Inc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 108 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-29 | AA | accounts | Accounts with accounts type full | |
| 2025-07-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-18 | CH01 | officers | Change person director company with change date | |
| 2024-10-29 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-12 | AA | accounts | Accounts with accounts type full | |
| 2024-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-12 | CH01 | officers | Change person director company with change date | |
| 2024-01-13 | AA | accounts | Accounts with accounts type full | |
| 2024-01-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-04 | AA | accounts | Accounts with accounts type full | |
| 2022-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-13 | CH01 | officers | Change person director company with change date | |
| 2022-10-13 | CH01 | officers | Change person director company with change date | |
| 2022-09-26 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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
-6.5%
£15,282,000 £14,288,000
-
Cash
—
Not reported
-
Net assets
+15.7%
£37,874,000 £43,831,000
-
Employees
-26.8%
153 112
-
Operating profit
+166.3%
-£329,000 £218,000
-
Profit before tax
+30.5%
£2,864,000 £3,737,000
-
Wages
-17%
£7,613,000 £6,319,000
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