Challenge Group Holdings Limited
Registered name: CHALLENGE GROUP HOLDINGS LIMITED
Part of Challenge Group Holdings Limited groupChallenge Group Holdings Limited made £430m revenue and a £1.5m loss in the year to 31 Mar 2024.
Challenge Group Holdings Limited’s revenue grew 76% to £430m in the year to 31 Mar 2024, with a loss of £1.5m. The company is classified under “activities of other holding companies” and is based in Wigan; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wigan
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £142m | £244m | £430m |
| Cost of sales | −£127m | −£221m | −£402m |
| Gross profit | £14.5m | £23m | £27.9m |
| Operating profit | £3.4m | £5.1m | £4m |
| Profit before tax | £1.9m | £2.8m | −£2.4m |
| Profit after tax | £1.5m | £2.4m | −£1.5m |
| Profit (best available) | £1.5m | £2.4m | −£1.5m |
| Employees (average) | 3,063 | 4,321 | — |
| Ratios | |||
| Profit margin | 1% | 1% | −0.3% |
| Gross margin | 10.2% | 9.4% | 6.5% |
| Revenue per employee | £46.3k | £56.6k | — |
| Profit per employee | £481 | £562 | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲72.2% | ▲75.9% |
| Profit growth | — | ▲65% | ▼160.7% |
| Headcount growth | — | ▲41.1% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | Accounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −0.3%
- Profit ÷ revenue.
- Gross margin
- 6.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Challenge Group Holdings Limitedultimate parent75–100%
- Challenge Group (Eot) Limited75–100%
- Challenge Group Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Challenge Recruitment Group LimitedIn AdministrationRev. £0 · Profit £590k
- Challenge Group (Eot) LimitedActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit −£1.5m), from the Companies House accounts bulk data published Dec 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.