The Firmwatch take
Citel Distribution Limited is a 7-year-old property and support services, active on the Companies House register. The latest filed accounts (year to 30 June 2025) show -GBP 156k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Pulse · Net assets, 2024–2025
↘ £12kIncorporated
4 June 2018
7 years on the register
Sector
Other business support service activities n.e.c.
SIC 82990
Size
Not classified
Net assets
−£156k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£156k
Bottom 10% in sector · sector median £1k · 88,031 filers in this sector
Cash
Not disclosed
Working cap.
−£53k
Median £3k
Current ratio
0.4×
Median 1.2×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Property and Support Services
How this company compares in 88,031 filers in this sector
Bottom 10% in sector — Citel Distribution Limited shows −£156k in net assets. Sector median is £1k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Address pattern · WC2H 7HF
140 other UK companies registered at this postcode.
Active
128
Dissolved
11
Strike-off action
1
People
Who runs this company
- BA
BECK, Alexander Paul
director · since 2018
Registered office
Address intelligence
140 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.