Worshipful Company of Management Consultants

What Worshipful Company of Management Consultants does

The Worshipful Company of Management Consultants (WCoMC) is a chartered, membership-based Livery Company of the City of London dedicated to professional management consultants. Founded in 1992 as a Guild, it progressed to Company without Livery status in 1999, became the 105th Livery Company in 2004, and received its Royal Charter in 2008. The organization operates three pillars — Philanthropy, Education, and Fellowship — serving two principal customer groups: individual management consultants (who join as Freemen and progress to Liverymen) and UK nonprofit organizations that receive ProBono consultancy and mentoring, supplemented by modest grants from the Charitable Fund. Its members collectively contribute approximately £1m of ProBono support annually, with around 40 new nonprofit organizations added to the client portfolio each year.

WCoMC's core offerings include Membership Services, ProBono Consultancy, Mentoring Services, Charitable Fund grants, Education Programs, and recurring flagship events (Charities Supper, Education Supper, Installation Celebration). The underlying technology stack is minimal: civiCRM is used for membership management, event booking, and member data storage, with no proprietary software product. The company maintains a Coat of Arms (granted 1994) and other ceremonial assets that anchor its brand identity within the City of London Livery tradition.

Revenue is generated from two streams: recurring membership fines and quarterage (subscription fees, with age-based variation) and one-time event ticket sales (e.g., Charities Supper 2026 priced at £114 for members, £132 for non-members). Distribution is primarily in-person in London, with domestic UK-only geographic scope. The go-to-market is community-led, relying on word-of-mouth referrals, professional network connections, City of London civic engagements, and the prestige of ProBono work to attract new members. The organization is governed by a Master, Wardens, Court, and Clerk, with no external parent company or venture capital ownership.

Name

Worshipful Company of Management Consultants

Legal name

The Worshipful Company of Management Consultants

Website

https://wcomc.org

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

The Worshipful Company of Management Consultants is the 105th Livery Company of the City of London, serving UK management consultants through membership, fellowship, and ProBono consultancy and mentoring to nonprofit organizations.

Ownership category

akta.pro rank

Product category

Professional Membership Services

NAICS

Management Consulting Services (54161), Other Management Consulting Services (541618), Religious, Grantmaking, Civic, Professional, and Similar Organizations (813)

SIC

Services-Membership Organizations (8600), Services-Management Consulting Services (8742)

akta.pro primary industry

Leadership Development & Executive Coaching (BPAHAGAD)

akta.pro secondary industries

Culture, Engagement & Employee Experience (EX) Consulting (BPAHAGAI), Organization Design & Operating Model Consulting (BPAHAGAB)

Keywords

• Professional membership services
• Pro bono consultancy
• Management consulting
• Charitable grants
• Professional fellowship events

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Fines and Quarterage: Members pay a fine upon joining and quarterage (regular subscription fees) in return for benefits and services provided by the company. Subscription rates may vary with member age.
2. Event Revenue: The company generates revenue through event ticket sales. Events include flagship events like Charities Supper, Education Supper, and Installation Celebration. Event fees vary for members and non-members.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

The Worshipful Company of Management Consultants is a Chartered Livery Company of the City of London delivering professional membership, fellowship, and ProBono management consulting services. It provides management consultants with networking, education, and events, while also supplying free consultancy, mentoring, and modest grant funding to UK nonprofit organisations. Revenue is generated through member fines, quarterage (recurring subscriptions), and event ticket sales.

Product overview

WCoMC is a professional membership organization (Livery Company) rather than a technology product company. It offers membership services, ProBono consultancy, mentoring, educational programs, events, and charitable fund grants to management consultants. The organization operates primarily as a community platform rather than a software product provider.

Differentiator

Problem solved

Functional benefit

Brands

• ProBono Programme: The organisation's charitable consultancy and mentoring services provided to non-profit organisations
• Charitable Fund

Products and services

• Membership Services Professional membership offering for management consultants providing fellowship, networking, professional development, and access to events and special interest groups. Members progress through a formal pathway from Freeman to Liveryman status.
• Charities Supper Annual flagship event celebrating members' consultancy and mentoring support to UK nonprofits, featuring client speakers and the presentation of the Matheson Cup award. Ticket pricing: Members & Guests EarlyBird £114.00 (incl. VAT £19.00); Non-Members & Guests £132.00 (incl. VAT £22.00).
• ProBono Consultancy Voluntary management consultancy services provided to nonprofit organisations throughout the UK by WCoMC members, with members contributing combined experience exceeding 5,000 years and approximately £1m of consultancy value annually.
• Mentoring Services Mentoring support delivered by experienced WCoMC management consultants to nonprofit sector leaders, with formal mentor training sessions coordinated within the programme.
• Charitable Fund Modest grant-making fund providing financial support that complements the ProBono consultancy and mentoring offered to UK nonprofit organisations.
• Education Programmes Professional development initiatives including research, publications, educational events, and school engagement programmes to develop the next generation of management consultant thinkers.
• Education Supper Annual prestige event featuring thought-provoking speakers on topical subjects, supporting the Education pillar of WCoMC.
• Installation Celebration Autumn event marking the start of the Livery Year with the transition of the Master and leadership team for the incoming Company year.

Quantifiable outcome

• Members contribute approximately £1m of ProBono support annually to nonprofit clients
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered minor and core.

• RAF600 SquadronminorStrategic or Co-development Partner · 1 January 2018Established affiliation with RAF600 Squadron, the City of London Royal Auxiliary Squadron, which is the only squadron to have two official badges.
• Sea Cadets (Marine Society and Sea Cadets)coreStrategic or Co-development Partner · 1 January 1992The company has been affiliated with the Sea Cadets since their founding in 1992, combining financial and mentoring support alongside an annual presentation of the Satjit Cup. This represents one of their longest-standing affiliations.
• Centre for Charity Effectiveness (Bayes CCE)coreStrategic or Co-development PartnerThe company views the Centre of Charity Effectiveness at Bayes Business School as their 'livery school', as joint founder, providing management and financial support. Supported the founding of this centre which is now the leading non-profit academic centre in the UK.
• Bayes Business School (formerly Cass)coreStrategic or Co-development PartnerLeading global Business School in the City of London known for world-class business education, excellent research reputation, and deep engagement with practice. Part of City, University of London.
• Financial Services GroupminorStrategic or Co-development PartnerOne of the very few inter-Livery organisations in existence, becoming an increasingly influential body in the City where the company's participation is noted and valued.
• City of LondoncoreStrategic or Co-development PartnerThe City of London is one of the world's leading international finance centres. As head of the City of London Corporation, the Lord Mayor serves as ambassador for all UK-based financial and professional services.
• Management Consultancies Association (MCA)minorStrategic or Co-development PartnerFounded in 1956, the industry's trade body representing larger management consulting firms, working to maintain their reputation and sustain quality of service.
• Institute of Consulting (IC)minorStrategic or Co-development PartnerFormerly the IBC created by merger of the Institute of Business Advisers and Institute of Management Consultancy, committed to enhance industry performance by raising professional standards of those working in consultancy roles.
• Pan Livery Philanthropy InitiativecoreStrategic or Co-development PartnerEstablished to improve pan-livery engagement and publicise its nature and scale. The company plays a leading role in this initiative, communicating its scale and impact across the livery.
• City Values ForumcoreStrategic or Co-development PartnerInitiated by WCoMC in 2012 with support of the Financial Reporting Council to develop a new guide for Boards on Governing Culture. The guide was launched at a Mansion House conference in September 2016.

Scale indicators3 records

Recent moves10 records

Expansion highlights5 records

Others

• City Values Forum: Initiative originally convened by WCoMC in 2012 with the Financial Reporting Council to develop governance and culture guidance for boards. Relevant as an ecosystem partner / output channel that overlaps with WCoMC's philanthropy and education pillars.
• Centre for Charity Effectiveness (Bayes Business School): Leading UK academic centre on nonprofit effectiveness, jointly founded by WCoMC and Bayes Business School. A core strategic partner with overlapping mission around charity sector capacity building and pro-bono consulting.
• Pan-Livery Philanthropy Initiative: Inter-Livery initiative in which WCoMC plays a leading role to coordinate charitable giving across the City of London's Livery Companies. Comparable as a convening platform for philanthropic activity involving the Livery network.

Broad incumbents

• Chartered Management Institute (CMI): Royal Charter-backed professional body for managers and leaders across the UK, offering chartered status and development programmes. Comparable as a larger, more broadly chartered membership body serving managers and consultants, with overlapping education and standards-setting remit.
• Chartered Institute of Personnel and Development (CIPD): Chartered body for HR and people development professionals in the UK, with a large membership and policy remit. Comparable as a chartered professional membership organisation with strong education, fellowship, and standards-setting functions targeting working professionals.

Direct peers

• Management Consultancies Association (MCA): UK trade body founded in 1956 representing the management consulting industry. Directly comparable as the leading professional association for management consultants in the UK, with overlapping concerns around standards, reputation, and member services.
• Institute of Consulting (IC): Professional body committed to raising standards across the consultancy profession, formed from the merger of the Institute of Business Advisers and the Institute of Management Consultancy. A direct peer as a fellow chartered body serving UK management consultants and a named WCoMC partner.

Emerging players

• Consultancy.uk: Online industry platform covering UK management consulting news, rankings, and analysis. Comparable as a modern, digital-first community and information source serving the same management consulting audience that WCoMC serves through more traditional channels.

Market position

Strengths4 records

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/wcomc

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Worshipful Company of Management Consultants