1st Choice Partners LLP
Registered name: 1ST CHOICE PARTNERS LLP
1st Choice Partners LLP made £266k revenue and £99.9k profit in the year to 31 Mar 2025.
1st Choice Partners LLP’s revenue grew 12% to £266k in the year to 31 Mar 2025, with £99.9k profit and 1 employee. The company is based in Billingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Billingham, North East
- Age
- 5 yrs · since 2021
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
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 | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £237k | £266k |
| Operating profit | — | £98.4k | £207k |
| Profit after tax | — | −£10.1k | £99.9k |
| Profit (best available) | — | −£10.1k | £99.9k |
| Employees (average) | 0 | 1 | 1 |
| Ratios | |||
| Profit margin | — | −4.3% | 37.6% |
| Revenue per employee | — | £237k | £266k |
| Profit per employee | — | −£10.1k | £99.9k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲12.2% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £21k | £18k | £52.1k |
| Net assets | — | — | — |
| Fixed assets | £4.7m | £4.5m | £4.6m |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 37.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £266k
- Revenue ÷ average employees.
- Profit per employee
- £99.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1732%
- 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
- ▲190%
- Now £52.1k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲3%
- Now £4.6m
Group structure
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £99.9k), from the Companies House accounts bulk data published Mar 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.