1、Company Registration No.00958970(England and Wales)THE BOSTON CONSULTING GROUP LIMITEDAnnual Report And Financial StatementsFor The Year Ended 31 December 2019THE BOSTON CONSULTING GROUP LIMITEDStrategic Report For the year ended 31 December 2019-1-The directors present the strategic report for the
2、year ended 31 December 2019.Principal activities and review of the businessThe principal activity of the Company continues to be that of the provision of management consultancy services.Turnover from professional services for the financial year was 49,003,808(2018:38,522,837).The net asset position
3、at the end of the year was 147,965,383(2018:129,615,372).The Company has monitored the impacts of the global COVID-19 pandemic since the balance sheet date and has concludedthat it does not materially impact our business and operations.Furthermore,The Companys ultimate parent,BCG Inc.,has provided a
4、 letter of support in the unlikely event that it is required.On 11 October 2019 The Boston Consulting Group Limited(BCG)acquired 100 percent of the issued capital of AllofUs Limited(AoU)with the trade,assets and employees of AoU being transferred to BCG on the same day.Net assets at acquisition were
5、 valued at 428,912.The directors of the Company manage its operations and risks at US group level,rather than at an individual business unit level.For this reason the Companys directors believe that a discussion of the Companys risk and analysis using keyperformance indicators would not be appropria
6、te for an understanding of the development of position of the Companys business.The management consultancy market is competitive and the services required by our clients,who operate in an increasinglycomplex and global economy,are ever changing.Our ability to serve our clients is dependent on our in