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Company No. 12430852 · Incorporated 28 Jan 2020

Momentum the Growth Consultancy Group Ltd

Registered name: MOMENTUM THE GROWTH CONSULTANCY GROUP LTD

Part of Accenture Plc group

Momentum the Growth Consultancy Group Ltd made £15.8m revenue and £585k profit in the year to 31 May 2024.

Momentum the Growth Consultancy Group Ltd’s revenue fell 1% to £15.8m in the year to 31 May 2024, with £585k profit and 89 employees. The company is classified under “other business support service activities” and is based in Ringwood; we hold 3 years of its filed accounts.

Status
Liquidation
Location
Ringwood
Age
6 yrs · since 2020
Type
Private Limited Company
Latest accounts · year to 31 May 2024

Key figures

Revenue
£15.8m
Growth ▼0.8%
Profit
£585k
Growth —
Profit margin
3.7%
Gross 83.9%
Employees
89
Change ▲2.3%
Profit / employee
£6.6k
Revenue/employee £178k
Profitable streak
1yr
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202231 May 202331 May 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£13.8m£16m£15.8m
Cost of sales−£1.1m−£2.6m−£2.6m
Gross profit£12.7m£13.4m£13.3m
Operating profit£2.7m£1.6m£1.4m
Profit before tax£2.1m£1.1m£878k
Profit after tax£1.6m−£173k£585k
Profit (best available)£1.6m−£173k£585k
Employees (average)778789
Ratios
Profit margin11.5%−1.1%3.7%
Gross margin91.8%83.7%83.9%
Revenue per employee£180k£184k£178k
Profit per employee£20.6k−£2k£6.6k
Growth (year on year)
Revenue growth—▲15.4%▼0.8%
Profit growth—▼110.9%—
Headcount growth—▲13%▲2.3%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Mar 2024Accounts · bulk data Mar 2024Accounts · bulk data Apr 2025
Derived from the latest filing

How the business works

Profit margin
3.7%
Profit ÷ revenue.
Gross margin
83.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£178k
Revenue ÷ average employees.
Profit per employee
£6.6k
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.
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 —
Cash at bank
—
Now —
Headcount
▲2%
Now 89
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Accenture Plc (registered outside the UK register)ultimate parent75–100%
  2. Accenture (UK) Limited75–100%
  3. Momentum the Growth Consultancy Group Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (31)

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

Sources

Latest figures from accounts for the year to 31 May 2024 (profit £585k), from the Companies House accounts bulk data published Apr 2025. 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.