GREATER MANCHESTER ETHNIC COMMUNITIES NETWORK CIC

Executive Summary

Greater Manchester Ethnic Communities Network CIC is a nascent, niche community health support entity operating within the UK’s ethnic minority advocacy segment. Its early financials show modest turnover and positive cash reserves, consistent with a startup stage CIC relying on grant funding and volunteer leadership. Positioned to benefit from increasing sector focus on health inequalities and community empowerment, it faces typical challenges of scale and resource constraints but holds a strong collaborative and mission-driven stance within its competitive environment.

GREATER MANCHESTER ETHNIC COMMUNITIES NETWORK CIC - Analysis Report

Company Number: 15199749

Analysis Date: 2025-07-29 21:14 UTC

1. Industry Classification
   Greater Manchester Ethnic Communities Network CIC operates within SIC code 86900, classified as "Other human health activities." This sector broadly covers organizations involved in community health support, social care, and related community services that do not fall under traditional healthcare providers like hospitals or clinics. Such entities often provide advocacy, support networks, outreach, and health promotion services aimed at specific populations or community groups. Key characteristics include dependency on public or charitable funding, strong stakeholder engagement, and a focus on social impact rather than profit maximization.

2. Relative Performance
   As a newly incorporated Community Interest Company (CIC) established in October 2023, Greater Manchester Ethnic Communities Network CIC reported initial turnover of £17,273 for its first 13-month period ending October 2024. The company achieved a modest operating profit of £555 and net assets of £450, with cash reserves of £37,055. Compared to typical metrics in the community health and social support sector, these figures reflect a very small-scale operation consistent with an early-stage CIC or micro-entity. Many established community health organizations report annual turnovers ranging from several hundred thousand to millions of pounds, supported by significant grants or government contracts. The company’s lack of employees and modest financial scale aligns with a startup or grassroots network rather than a mature service provider.

3. Sector Trends Impact
   The community health and ethnic community support sector in the UK is influenced by several trends: increasing focus on addressing health inequalities, growing importance of culturally sensitive services, and reliance on funding from charitable trusts, lottery funding, and local government grants. The sector also faces challenges such as funding volatility, the need for capacity building in grassroots organizations, and the impact of post-pandemic social needs. GM Ethnic Communities Network CIC’s model of networking, capacity building, and advocacy positions it well within these trends, leveraging partnerships and funders such as Comic Relief and The National Lottery—both mentioned as key supporters. Their strategic focus on establishing ethnic community hubs aligns with broader sector initiatives to localize support and empower underserved groups.

4. Competitive Positioning
   In the competitive landscape, Greater Manchester Ethnic Communities Network CIC is a niche player focused explicitly on ethnic minority community groups within Greater Manchester. Unlike larger health charities or national social care providers, it occupies a specialized role facilitating networking, information sharing, and capacity building rather than direct service delivery. Strengths include a clear mission responding to racial inequalities, active engagement with multiple stakeholders, and funding from reputable sources. However, weaknesses include its very small operational scale, absence of employees, and limited financial resources compared to established sector leaders. The CIC structure and no share capital status emphasize its social mission but also limit capital raising capabilities. Its competitive advantage lies in local knowledge, community trust, and collaborative approach rather than scale or service breadth.