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Company No. 09741480 · Incorporated 20 Aug 2015

First Option Healthcare Limited

Registered name: FIRST OPTION HEALTHCARE LIMITED

Part of First Option Group Ltd group

First Option Healthcare Limited made £14.8m revenue and £529k profit in the year to 31 Mar 2025.

First Option Healthcare Limited’s revenue was £14.8m in the year to 31 Mar 2025, with £529k profit and 296 employees. The company is classified under “management consultancy activities other than financial management” and is based in Chelmsford; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial managementSIC 86102Medical nursing home activities
Status
Active
Location
Chelmsford, East of England
Age
11 yrs · since 2015
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light
Revenue
£14.8m
Growth —
Profit
£529k
Growth —
Profit margin
3.6%
Gross 36.5%
Employees
296
Change —
Profit / employee
£1.8k
Revenue/employee £49.9k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202231 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£24m£22.7m£14.8m
Cost of sales£16.6m£14.7m−£9.4m
Gross profit£7.4m£8m£5.4m
Operating profit£951k£684k£736k
Profit before tax£934k£600k£649k
Profit after tax£742k£536k£529k
Profit (best available)£742k£536k£529k
Staff costs£12.1m£13.2m—
Employees (average)219286296
Ratios
Profit margin3.1%2.4%3.6%
Gross margin30.8%35.2%36.5%
Revenue per employee£110k£79.3k£49.9k
Profit per employee£3.4k£1.9k£1.8k
Balance sheet — indirect signals, not revenue
Cash at bank£247k£244k—
Net assets£473k£477k—
Fixed assets£169k£329k—
Current assets£2.1m£3.1m—
Debtors£1m£1.2m—
Deferred income£120k£183k—
SourceFullAccounts · bulk data Mar 2025FullAccounts · bulk data Mar 2025Accounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
3.6%
Profit ÷ revenue.
Gross margin
36.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£49.9k
Revenue ÷ average employees.
Profit per employee
£1.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
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.
Indirect — not revenue

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 —
Cash at bank
—
Now —
Headcount
—
Now 296
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. First Option Group Ltdultimate parent75–100%
  2. First Option Healthcare Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Mar 2025 (profit £529k), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.