How much does The City of London October Club make?

The City of London October Club reported revenue of £470k and £0 profit in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does The City of London October Club have?

The City of London October Club reported an average of 1 employee in the year to 31 Oct 2023.

Is The City of London October Club profitable?

The City of London October Club reported break-even results (zero profit) in the year to 31 Oct 2023.

Company No. 10447776 · Incorporated 26 Oct 2016

The City of London October Club

Registered name: THE CITY OF LONDON OCTOBER CLUB

The City of London October Club made £470k revenue and £0 profit in the year to 31 Oct 2023.

The City of London October Club’s revenue grew 1% to £470k in the year to 31 Oct 2023, with £0 profit and 1 employee. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 9 yrs · since 2016
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 Oct 2023

Key figures

IndependentSmall team

Revenue

£470k

Growth ▲1%

Profit

£0

Growth —

Profit margin

Gross 65.3%

Employees

Change 0%

Profit / employee

£0

Revenue/employee £470k

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 Oct 2022	31 Oct 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£465k	£470k
Cost of sales	£156k	£163k
Gross profit	£309k	£307k
Operating profit	£0	£0
Profit before tax	£0	£0
Profit after tax	£0	£0
Profit (best available)	£0	£0
Employees (average)	1	1
Ratios
Profit margin	0%	0%
Gross margin	66.4%	65.3%
Revenue per employee	£465k	£470k
Profit per employee	£0	£0
Growth (year on year)
Revenue growth	—	▲1%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£301k	£199k
Net assets	£0	£0
Current assets	£321k	£199k
Debtors	£20k	—
Deferred income	£29k	£11.7k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 65.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £470k; Revenue ÷ average employees.
Profit per employee: £0; 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: 2.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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 £0
Cash at bank: ▼34%; Now £199k
Headcount: 0%; Now 1
Deferred income: ▼60%; Now £11.7k
Fixed assets: —; Now —

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit £0), 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.