Chelmsford Star Co-operative Society
The Chelmsford Star Co-operative Society is an independent consumer co-operative in the United Kingdom.
| Company type | Consumer Co-operative |
|---|---|
| Industry | Retail (Wholesale) |
| Founded | 1867 |
| Headquarters | 220 Moulsham Street, Chelmsford, Essex CM2 OLS |
Key people | Barry Wood, Chief Executive Officer |
| Products | Grocer, Department Store, Funeral Director, Travel Agent |
| Revenue | £113.5 million (52 weeks ending January 26 2019) |
Number of employees | 884 |
| Website | www |
Registered under the Co-operative and Community Benefit Societies Act 2014, the Society is a member of Co-operatives UK, the Co-operative Group and the national co-operative wholesaler Federal Retail and Trading Services. In 1995, it had a membership of 38,867 and annual sales of £34.2 million.
In 2018-19 (the 52 weeks ending January 26 2019), its membership had reached 87,368 and its revenue (gross takings) was £113.5 million (up 2.8% year on year) - of which sales accounted for £92.4mn. Net profit, or surplus before distributions, in 2018-19 was £787,337 (down by 14% year on year) as UK high-street retailers faced a tough time. The Society had an average of 884 employees (263 full-time and 621 part-time) in 2018-19, slightly fewer than in 2017-18. Net debt stood at £4.4m (£5.7m 2017/18) and the Society's pension deficit was £1.9m (£2.4m 2017/18).