Citrefine International Limited

Citrefine International Ltd from Leeds UK: a small holding company with an active status, was founded 30 years ago in 1994. It employs 16 people and holds assets of £8,625,768. With five directors and one owner, the company has a Google rating of 4.0 based on six reviews. It regularly imports essential oils and perfumes (6 months) and exports miscellaneous chemical products (53 months).

The company operates as a holding company, overseeing a diverse range of activities. It owns a company called Mosi-guard International Limited and has previously been known as Mosi-guard International Limited and Ackrack Leg Limited. Its core business involves wholesale of intermediate products, retail sales via mail order and internet, and activities of head offices industries. The address is a real address as only three companies registered at the address.

Financially, Citrefine International Ltd shows some interesting trends. Cash and cash equivalents increased by a substantial 49%, reaching £2.7 million, while current assets grew by 12% to £6.9 million. However, net assets also increased by 16% to £6.1 million. Trade debtors decreased by 29% to £1 million, and bank borrowings increased by 13% to £280,000. Creditors decreased by 9% to £870,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. The accounts are unaudited, and the company's auditor is Sagars Accountants Ltd. The company’s net losses deepened from -£10,000 to -£23,000, while cash reserves plummeted 71% to just £4,100.

Overall, Citrefine International Ltd appears to be in a stable position, but the decrease in debtors suggests a need to monitor customer payments more closely. The increase in cash reserves is a positive sign, but the company should continue to manage its expenses carefully.

Registered in England/Wales under the registration number 02962721, with a registered address at LS19 7BN, Leeds, West Yorkshire, Moorfield Road, Yeadon.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.