LONDON CHAMBER OF COMMERCE AND INDUSTRY (THE)

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of no less than 12 months from the date of approval of these financial statements. Accordingly, the directors have prepared the financial statements under the going concern basis.”

Group structure

1. LONDON CHAMBER OF COMMERCE AND INDUSTRY (THE) · parent
   1. 1881 Investments Limited 100% · United Kingdom
   2. Business London Limited 100% · United Kingdom
   3. The City of London Chamber of Commerce and Industry Limited 100% · United Kingdom
   4. The Croydon Chamber of Commerce and Industry (Incorporated) 100% · United Kingdom
   5. Docklands Business Club Limited 100% · United Kingdom
   6. East London Chamber of Commerce Limited 100% · United Kingdom
   7. Hammersmith & Fulham Chamber of Commerce 100% · United Kingdom
   8. The London Chamber of Arbitration Limited 100% · United Kingdom
   9. Westminster Chamber of Commerce 100% · United Kingdom
   10. London Careers Services Limited 50% · United Kingdom
   11. Chambers.Online Limited 33.3% · United Kingdom

Significant events

• “appointment of Michael Mainelli, the immediate past Lord Mayor of London, as LCCI President when he joined our Board on 9 January 2025.”
• “welcomed tax and business consultant Michael Curran who officially joined the Board on 4 June 2024”
• “Also joining the Board on 14 April 2025 was Rowena Herdman-Smith who brings a wealth of insight and knowledgeable experience to the role.”
• “Sarah Howard, Joe Seet and Elizabeth King all left the Board during the year”
• “a significant increase in retained surplus after taxation this time with an improvement from £2,031,000 in 2023 to £2,360,000.”
• “The Group balance sheet remains strong and has increased from £19.6m to £22.2m during the period with the total of cash and investments holdings having improved from £15.1m to £17.2m in that time.”
• “At the end of 2024, the Chamber's business network, including community participants was made up of just under 10,000 businesses, which included 1,728 Premier Plus, International, Reciprocal members and 23 Patrons. This represents a significant increase from the previous year - a successful one in its own right - which we ended with 1,625 Premier Plus, International, Reciprocal members and 17 Patrons members, and an overall figure of under 8,000.”
• “Our inaugural SME London Business Awards took place in February, celebrating the best of the capital's small businesses. Attended by over 320 guests”
• “LCAM - the LCCI's independent dispute resolution service saw significant growth in 2024 in its mediation caseload primarily on account of a successful first year running a mediation scheme for the Central London County Court.”
• “In 2024 LCCI issued a total of 76,559 documents - Certificates of Origin and ATA Carnets being the most significant ones by number or value - bringing in £9,823,000.”
• “Innovate UK Business Growth team of sector specialists at the Chamber supported 30 businesses with internationalisation assistance over the year in question.”
• “LCCI website continues to be at the heart of our marketing and communication strategy especially since our new site was launched in May.”
• “The Board have approved our office refurbishment plans. This will improve the working environment not only for our staff but will also impact positively on the member experience.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +5.8%

  £11,478,000 → £12,144,000

• Cash

  +90.2%

  £1,527,000 → £2,905,000

• Net assets

  +13.3%

  £19,615,000 → £22,219,000

• Employees

  +3.6%

  83 → 86

• Operating profit

  -6.3%

  £2,778,000 → £2,602,000

• Profit before tax

  +6%

  £2,728,000 → £2,892,000

• Wages

  +12.4%

  £3,414,000 → £3,837,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers