Choose2 CIC
Registered name: CHOOSE2 CIC
Choose2 CIC made £742k revenue and £78.9k profit in the year to 31 Mar 2025.
Choose2 CIC’s revenue grew 9% to £742k in the year to 31 Mar 2025, with £78.9k profit and 22 employees. The company is classified under “other education” and is based in York; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- York, Yorkshire and The Humber
- Age
- 12 yrs · since 2014
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £735k | £679k | £742k |
| Cost of sales | £150k | £120k | £91.3k |
| Gross profit | £585k | £559k | £650k |
| Operating profit | −£46.6k | −£19.3k | £81k |
| Profit before tax | −£46.6k | −£19.3k | £81k |
| Profit after tax | −£46.6k | −£19.3k | £78.9k |
| Profit (best available) | −£46.6k | −£19.3k | £78.9k |
| Employees (average) | 16 | 19 | 22 |
| Ratios | |||
| Profit margin | −6.3% | −2.8% | 10.7% |
| Gross margin | 79.7% | 82.3% | 87.7% |
| Revenue per employee | £45.9k | £35.8k | £33.7k |
| Profit per employee | −£2.9k | −£1k | £3.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▼7.6% | ▲9.2% |
| Headcount growth | — | ▲18.8% | ▲15.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £128k | £137k | £171k |
| Net assets | £0 | £0 | £263k |
| Fixed assets | £56.5k | £44.5k | £36.5k |
| Current assets | £173k | £154k | £241k |
| Debtors | £43.3k | £17.4k | £8.9k |
| Deferred income | £0 | £0 | — |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 10.7%
- Profit ÷ revenue.
- Gross margin
- 87.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £33.7k
- Revenue ÷ average employees.
- Profit per employee
- £3.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £263k
- Cash at bank
- ▲25%
- Now £171k
- Headcount
- ▲16%
- Now 22
- Deferred income
- —
- Now —
- Fixed assets
- ▼18%
- Now £36.5k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £78.9k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.