Choose the Happy News CIC
Registered name: CHOOSE THE HAPPY NEWS CIC
Choose the Happy News CIC made £4.3k revenue and £161 profit in the year to 31 Mar 2026.
Choose the Happy News CIC’s revenue was £4.3k in the year to 31 Mar 2026, with £161 profit and 0 employees. The company is classified under “publishing of newspapers” and is based in Chorley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Chorley, North West
- 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 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £101 | £30.3k | £0 | £4.3k |
| Cost of sales | £0 | £30k | £0 | £3.8k |
| Gross profit | £101 | £318 | £0 | £521 |
| Operating profit | £0 | £0 | −£360 | £161 |
| Profit before tax | £0 | £0 | −£360 | £161 |
| Profit after tax | £0 | £0 | −£360 | £161 |
| Profit (best available) | £0 | £0 | −£360 | £161 |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 0% | 0% | — | 3.8% |
| Gross margin | 100% | 1.1% | — | 12.2% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲29918% | ▼100% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £899 | £10.9k | £521 | £1.4k |
| Net assets | £0 | £0 | −£360 | −£199 |
| Fixed assets | — | £0 | £0 | £0 |
| Current assets | £899 | £10.9k | £521 | £1.4k |
| Debtors | — | £0 | £0 | — |
| Deferred income | £899 | £300 | £0 | — |
| Source | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 3.8%
- Profit ÷ revenue.
- Gross margin
- 12.2%
- 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
- 0%
- 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 −£199
- Cash at bank
- ▲171%
- Now £1.4k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £161), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.