The Growth Company Limited

The Growth Company Limited

Trading as: Skills for Growth - SME Support
#02443911 Active
B2bServices

The Growth Company is an award-winning social enterprise dedicated to fostering economic growth, creating jobs, and improving lives through various support services. They collaborate with businesses and individuals to drive significant social and economic change.

Founded: 17/11/1989
Industries: Other service activities n.e.c.
Location: Manchester

Products

  • Gc Insight
  • Growth Flag
  • Skills Bootcamps

Services

  • Business Consulting
  • Education Support
  • Employment Support
  • Offender Rehabilitation
  • Skills Training

Financial Snapshot

Last accounts made up to 31 March 2024
Next accounts due 30 December 2025 (7 months)
Cash in Bank £14.73m
↓ -25%
Turnover £104.86m
↓ -10%
EBITDA £0.67m
↓ -69%
Total Liabilities £22.63m
↓ -27%
Employees 1,727
↓ -11%

Directors

Role:
Leader Of Oldham Council
Appointed:
14/06/2024
Nationality:
British
Age:
48 years
Role:
Director
Appointed:
12/09/2023
Nationality:
British
Age:
47 years
Role:
Business / Technology Consultant
Appointed:
12/09/2023
Nationality:
British
Age:
51 years
Role:
Professor Of Business Innovation
Appointed:
12/09/2023
Nationality:
British
Age:
53 years
Role:
Councillor
Appointed:
30/06/2023
Nationality:
British
Age:
48 years
Role:
Politician
Appointed:
24/06/2022
Nationality:
British
Age:
40 years
Role:
Councillor
Appointed:
24/06/2022
Nationality:
British
Age:
46 years
Role:
Accountant
Appointed:
07/06/2016
Nationality:
British
Age:
49 years
Role:
Director
Appointed:
12/09/2013
Nationality:
British
Age:
65 years
Role:
Chief Executive
Appointed:
03/09/2013
Nationality:
British
Age:
59 years

People with Significant Control

No active PSCs found
Mar 2024Mar 2023Mar 2022
Income Statement
Turnover
Export Revenue
Sales
Other Operating Income
Other Operating Items
Cost of Sales
Raw Materials & Consumables
Gross Profit
Admin Expenses
Other Operating Charges
Depreciation
R&D Expenses
Operating Profit
EBITDA
Financial Revenue
Financial Expenses
Financial Profit/Loss
Interest Paid
Extraordinary Revenue
Extraordinary Expenses
Net Extraordinary Items
Pre-Tax Profit
Tax
Profit After Tax
Retained Profit
Balance Sheet
Non-Current Assets
Intangible Assets
Tangible Fixed Assets
Other Non-Current Assets
Current Assets
Stock
Debtors
Cash in Hand
Other Current Assets
Called Up Share Capital
P&L Account Reserve
Shareholder Funds
Other Shareholder Funds
Provisions
Long Term Debt
Creditors (> 1 year)
Other Non-Current Liabilities
Short Term Debt
Creditors
Creditors (< 1 year)
Other Current Liabilities
Key Metrics
Net Assets
Net Current Assets
Total Assets Less Current Liabilities
Working Capital
Enterprise Value
Added Value
Cashflow Before D&A
Other Information
Staff Costs
Number of Employees
0 shareholders available
Shareholder 1
Shares:
Percentage:
Filing Date:
Shareholder 2
Shares:
Percentage:
Filing Date:
Shareholder 3
Shares:
Percentage:
Filing Date:

Charges

7 charges registered
National Westminster Bank PLC Outstanding
Created 07/06/2019

Freehold land on the north east side of trafford park road, trafford park, manchester known as warre...

#024439110007 Negative Pledge
The Greater Manchester Combined Authority Outstanding
Created 05/04/2017

Land at circle court, warren bruce road, trafford park, manchester (title number GM942478).

#024439110006 Negative Pledge

Properties

13 properties
Regions
1
Freehold
1
Leasehold
12
NORTH WEST

Storage Space, Lee House, 90 Great Bridgewater Street, Manchester (M1 5JW)

Leasehold M1 5JW
Added 08/08/2013 MANCHESTER
NORTH WEST

Lee House, 90 Great Bridgewater Street, Manchester (M1 5JW)

Leasehold M1 5JW
Added 08/08/2013 MANCHESTER
NORTH WEST

First Floor Flat, Lee House, 90 Bridgewater Street, Manchester (M1 5JW)

Leasehold M1 5JW
Added - MANCHESTER
0 issuances recorded

Total Amount Raised (Valid Issuances)

Shares Issued (Valid Issuances)

Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:
Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:

Grants

Total grant funding received: £11,196,947.69

Department for Business, Energy and Industrial Strategy
£404,341.59

Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=640148

Date Awarded:
01/04/2022
Programme:
UKRI - Innovate UK - Scheme 22/23
Department for Work and Pensions
-£10,764.69

The Kickstart Scheme provides funding to employers to create jobs for 16 to 24 year olds on Universal Credit.

Date Awarded:
01/04/2022
Programme:
Kickstart Scheme
Department for Work and Pensions
£3,437,747.79

The Kickstart Scheme provides funding to create new jobs for 16 to 24 year olds on Universal Credit who are at risk of long term unemployment.

Date Awarded:
01/04/2021
Programme:
Kickstart Scheme
Department for Digital, Culture, Media & Sport
£158,000.00

This project proposes to deliver a continued programme of support for their newly created bookable products. Activities include the rebuilding and deeper engagement with travel trade and tour operator intermediaries; a product audit; B2B marketing activities and raising awareness to challenge perceptions of Manchester and the North. The project team will extend the focus of the project to include the UK short break market as well as continuing to work in the US and reaching out to a number of other overseas markets in recovery.

Date Awarded:
01/10/2020
Programme:
ALB - British Tourist Authority t/a VisitEngland - Discover England Fund Year 5 2020/21
Department for Education
£3,923,206.36

To fund the provision of apprenticeship training.

Date Awarded:
01/04/2020
Programme:
Apprenticeships Participation 18+

Group Structure

Government Council Contracts Beta

Total Council Spend
£485,351.90
Across 93 transactions
Contract Period
Feb 2020 - Aug 2024
10 councils
Average Per Council
£48,535.19
9 avg. transactions

Council Partners

Blackburn With Darwen Borough Council
Cornwall Council
Gloucestershire County Council

Company Filings

11/04/2025 Confirmation Statement

Confirmation Statement With No Updates

07/02/2025 Officers

Termination Director Company With Name Termination Date

31/12/2024 Accounts

Accounts With Accounts Type Group

28/11/2024 Mortgage

Mortgage Satisfy Charge Full

08/11/2024 Officers

Termination Director Company With Name Termination Date

12/08/2024 Officers

Appoint Person Director Company With Name Date

01/07/2024 Officers

Termination Director Company With Name Termination Date