Ichoice Health Limited
Registered name: ICHOICE HEALTH LIMITED
Part of Icon Infrastructure LLP groupIchoice Health Limited made £111m revenue and £3.3m profit in the year to 31 Mar 2025.
Ichoice Health Limited’s revenue grew 19% to £111m in the year to 31 Mar 2025, with £3.3m profit and 2,672 employees. The company is classified under “activities of other holding companies” and is based in Bracknell; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bracknell, South East
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
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) | £75.3m | £93.1m | £111m |
| Cost of sales | −£49m | −£59.2m | −£69.5m |
| Gross profit | £26.3m | £34m | £41.7m |
| Operating profit | £3.2m | £8.5m | £10.9m |
| Profit before tax | £2.2m | £2.9m | £4.3m |
| Profit after tax | £1.7m | £1.4m | £3.3m |
| Profit (best available) | £1.7m | £1.4m | £3.3m |
| Employees (average) | 2,036 | 2,472 | 2,672 |
| Ratios | |||
| Profit margin | 2.2% | 1.5% | 3% |
| Gross margin | 34.9% | 36.5% | 37.5% |
| Revenue per employee | £37k | £37.7k | £41.6k |
| Profit per employee | £822 | £566 | £1.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲23.7% | ▲19.5% |
| Profit growth | — | ▼16.4% | ▲139.1% |
| Headcount growth | — | ▲21.4% | ▲8.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 3%
- Profit ÷ revenue.
- Gross margin
- 37.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £41.6k
- Revenue ÷ average employees.
- Profit per employee
- £1.3k
- 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.
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
- ▲8%
- Now 2,672
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Icon Infrastructure LLPultimate parent75–100%
- Icon Infrastructure Operations (Sterling) Ltd75–100%
- Ichoice Health Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Choice Care LimitedFigures not disclosed
- Ichoice Health 2 LimitedFigures not disclosed
- Isupported Living Properties LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £3.3m), from the Companies House accounts bulk data published Dec 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.