Ocean Choices CIC
Registered name: OCEAN CHOICES CIC
Ocean Choices CIC made £224k revenue and £26.6k profit in the year to 31 May 2025.
Ocean Choices CIC’s revenue grew 12% to £224k in the year to 31 May 2025, with £26.6k profit and 5 employees. The company is classified under “social work activities without accommodation for the elderly and disabled” and is based in South Shields; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- South Shields, North East
- Age
- 11 yrs · since 2015
- 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 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £164k | £201k | £224k |
| Cost of sales | — | £19.9k | £4.5k |
| Gross profit | £164k | £201k | £220k |
| Operating profit | −£5.7k | £18.7k | £26.6k |
| Profit before tax | −£5.7k | £18.7k | £26.6k |
| Profit after tax | −£5.7k | £18.6k | £26.6k |
| Profit (best available) | −£5.7k | £18.6k | £26.6k |
| Employees (average) | 6 | 5 | 5 |
| Ratios | |||
| Profit margin | −3.5% | 9.3% | 11.8% |
| Gross margin | 100% | 100% | 98% |
| Revenue per employee | £27.3k | £40.2k | £44.8k |
| Profit per employee | −£952 | £3.7k | £5.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲22.7% | ▲11.6% |
| Profit growth | — | — | ▲42.8% |
| Headcount growth | — | ▼16.7% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £21.2k | £40.2k | £41.1k |
| Net assets | £20k | £38.6k | £65.2k |
| Fixed assets | £5.1k | £10.1k | £50.2k |
| Current assets | £21.2k | £40.2k | £41.1k |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 11.8%
- Profit ÷ revenue.
- Gross margin
- 98%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £44.8k
- Revenue ÷ average employees.
- Profit per employee
- £5.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 22.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲69%
- Now £65.2k
- Cash at bank
- ▲2%
- Now £41.1k
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- ▲398%
- Now £50.2k
Similar profitable businesses
- Josak Care and Recruitment LtdWarlingham · Social work activities without accommodation for the elderly and disabled
- Revenue
- £245k
- Profit
- £24.9k
- Staff
- 18
- Downtown Pompey C.I.C.Southsea · Social work activities without accommodation for the elderly and disabled
- Revenue
- £247k
- Profit
- £3.7k
- Staff
- 0
- Manav Seva Community Centre Community Interest CompanyLeicester · Social work activities without accommodation for the elderly and disabled
- Revenue
- £199k
- Profit
- £4.5k
- Staff
- 10
- Cambeth Community Project C.I.C.Doncaster · Social work activities without accommodation for the elderly and disabled
- Revenue
- £257k
- Profit
- £4.8k
- Staff
- 4
- Chance to Dance Stars Community Interest CompanyBracknell · Social work activities without accommodation for the elderly and disabled
- Revenue
- £167k
- Profit
- £9.3k
- Staff
- 0
- NVR Practitioners Consortium CICLondon · Social work activities without accommodation for the elderly and disabled
- Revenue
- £159k
- Profit
- £307
- Staff
- 3
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £26.6k), from the Companies House accounts bulk data published Feb 2026. 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.