My Choice Community CIC
Registered name: MY CHOICE COMMUNITY CIC
My Choice Community CIC made £36.1k revenue and £0 profit in the year to 30 Apr 2024.
My Choice Community CIC’s revenue grew 354% to £36.1k in the year to 30 Apr 2024, with £0 profit and 0 employees. The company is classified under “other education” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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 | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £8k | £36.1k |
| Cost of sales | £7.8k | £35.8k |
| Gross profit | £200 | £357 |
| Operating profit | −£7 | £0 |
| Profit before tax | −£7 | £0 |
| Profit after tax | −£7 | £0 |
| Profit (best available) | −£7 | £0 |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −0.1% | 0% |
| Gross margin | 2.5% | 1% |
| Growth (year on year) | ||
| Revenue growth | — | ▲354.1% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | −£7 | −£7 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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 −£7
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2024 (profit £0), 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.