Choice Wellbeing Service CIC
Registered name: CHOICE WELLBEING SERVICE CIC
Choice Wellbeing Service CIC made £88.8k revenue and £0 profit in the year to 28 Feb 2025.
Choice Wellbeing Service CIC’s revenue grew 55% to £88.8k in the year to 28 Feb 2025, with £0 profit and 4 employees. The company is classified under “other human health activities” and is based in Washington; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Washington, North East
- Age
- 3 yrs · since 2023
- 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 | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £57.3k | £88.8k |
| Cost of sales | £45k | £35.1k |
| Gross profit | £12.4k | £53.7k |
| Operating profit | £0 | £0 |
| Profit before tax | £0 | £0 |
| Profit after tax | £0 | £0 |
| Profit (best available) | £0 | £0 |
| Employees (average) | 0 | 4 |
| Ratios | ||
| Profit margin | 0% | 0% |
| Gross margin | 21.6% | 60.4% |
| Revenue per employee | — | £22.2k |
| Profit per employee | — | £0 |
| Growth (year on year) | ||
| Revenue growth | — | ▲54.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £25.9k | £31.8k |
| Net assets | £0 | £0 |
| Current assets | £29.4k | £31.8k |
| Debtors | £3.5k | £0 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 60.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £22.2k
- Revenue ÷ average employees.
- Profit per employee
- £0
- 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
- 0%
- 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 £0
- Cash at bank
- ▲23%
- Now £31.8k
- Headcount
- —
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £0), from the Companies House accounts bulk data published Nov 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.