How much does Greater Manchester Chamber of Commerce make?

Greater Manchester Chamber of Commerce reported revenue of £3.2m and a loss of £641k in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Greater Manchester Chamber of Commerce have?

Greater Manchester Chamber of Commerce reported an average of 47 employees in the year to 31 Mar 2023.

Is Greater Manchester Chamber of Commerce profitable?

No — Greater Manchester Chamber of Commerce reported a loss of £641k in the year to 31 Mar 2023.

Company No. 05245944 · Incorporated 29 Sep 2004

Greater Manchester Chamber of Commerce

Registered name: GREATER MANCHESTER CHAMBER OF COMMERCE

Greater Manchester Chamber of Commerce made £3.2m revenue and a £641k loss in the year to 31 Mar 2023.

Greater Manchester Chamber of Commerce’s revenue grew 10% to £3.2m in the year to 31 Mar 2023, with a loss of £641k and 47 employees. The company is classified under “activities of business and employers membership organizations” and is based in Leeds; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 94110Activities of business and employers membership organizations

Status: In Administration
Location: Leeds, Yorkshire and The Humber
Age: 22 yrs · since 2004
Type: PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Mar 2023

Key figures

Independent

Revenue

£3.2m

Growth ▲9.8%

Profit

−£641k

Growth —

Profit margin

−20.3%

Gross 80.6%

Employees

Change 0%

Profit / employee

−£13.6k

Revenue/employee £67.3k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.9m	£3.2m
Cost of sales	£489k	£614k
Gross profit	£2.4m	£2.5m
Operating profit	−£211k	−£547k
Profit before tax	−£299k	−£641k
Profit after tax	−£299k	−£641k
Profit (best available)	−£299k	−£641k
Employees (average)	47	47
Ratios
Profit margin	−10.4%	−20.3%
Gross margin	83%	80.6%
Revenue per employee	£61.3k	£67.3k
Profit per employee	−£6.4k	−£13.6k
Growth (year on year)
Revenue growth	—	▲9.8%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£557k	£659k
Net assets	−£3.4m	−£2.7m
Fixed assets	£1.1m	£963k
Current assets	£1.6m	£1.5m
Debtors	£634k	£473k
Deferred income	£1.1m	£1.3m
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: −20.3%; Profit ÷ revenue.
Gross margin: 80.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £67.3k; Revenue ÷ average employees.
Profit per employee: −£13.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 30.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 41.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£2.7m
Cash at bank: ▲18%; Now £659k
Headcount: 0%; Now 47
Deferred income: ▲14%; Now £1.3m
Fixed assets: ▼9%; Now £963k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

Greater Manchester Chamber Communities FoundationFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit −£641k), from the Companies House accounts bulk data published Mar 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.