Voices for Choices CIC
Registered name: VOICES FOR CHOICES CIC
Voices for Choices CIC made £170k revenue and £4.6k profit in the year to 31 Aug 2024.
Voices for Choices CIC’s revenue grew 42% to £170k in the year to 31 Aug 2024, with £4.6k profit and 2 employees. The company is classified under “other business support service activities” and is based in Bury; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bury, North West
- Age
- 8 yrs · since 2018
- 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 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £110k | £120k | £170k |
| Cost of sales | £73.5k | £76.7k | £83.4k |
| Gross profit | £36.7k | £43.5k | £86.8k |
| Operating profit | −£1.3k | −£29.8k | £4.6k |
| Profit before tax | −£1.3k | −£29.8k | £4.6k |
| Profit after tax | −£1.3k | −£29.8k | £4.6k |
| Profit (best available) | −£1.3k | −£29.8k | £4.6k |
| Employees (average) | 1 | 1 | 2 |
| Ratios | |||
| Profit margin | −1.2% | −24.8% | 2.7% |
| Gross margin | 33.3% | 36.2% | 51% |
| Revenue per employee | £110k | £120k | £85.1k |
| Profit per employee | −£1.3k | −£29.8k | £2.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲9.1% | ▲41.6% |
| Headcount growth | — | 0% | ▲100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £74.8k | £27k | £66.2k |
| Net assets | −£1.8k | −£31.6k | −£27k |
| Fixed assets | £425 | £763 | £2.5k |
| Current assets | £75k | £27k | £69.6k |
| Debtors | £0 | £0 | £3.4k |
| Deferred income | — | £51.7k | £87.5k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 2.7%
- Profit ÷ revenue.
- Gross margin
- 51%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £85.1k
- Revenue ÷ average employees.
- Profit per employee
- £2.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 51.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 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 −£27k
- Cash at bank
- ▲145%
- Now £66.2k
- Headcount
- ▲100%
- Now 2
- Deferred income
- ▲69%
- Now £87.5k
- Fixed assets
- ▲233%
- Now £2.5k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £4.6k), from the Companies House accounts bulk data published May 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.