How much does Starspeed Limited make?

Starspeed Limited reported revenue of £22.8m and a loss of £266k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Starspeed Limited have?

Starspeed Limited reported an average of 95 employees in the year to 31 Dec 2024.

Is Starspeed Limited profitable?

No — Starspeed Limited reported a loss of £266k in the year to 31 Dec 2024.

Company No. 01371670 · Incorporated 1 Jun 1978

Starspeed Limited

Registered name: STARSPEED LIMITED

Starspeed Limited made £22.8m revenue and a £266k loss in the year to 31 Dec 2024.

Starspeed Limited’s revenue fell 9% to £22.8m in the year to 31 Dec 2024, with a loss of £266k and 95 employees. The company is classified under “non-scheduled passenger air transport” and is based in Woking; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 51102Non-scheduled passenger air transport

Status: Active
Location: Woking, South East
Age: 48 yrs · since 1978
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCash flow filed

Revenue

£22.8m

Growth ▼8.5%

Profit

−£266k

Growth —

Profit margin

−1.2%

Gross 8.2%

Employees

Change ▼8.6%

Profit / employee

−£2.8k

Revenue/employee £240k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£24.9m	£22.8m
Cost of sales	£23.9m	£20.9m
Gross profit	£1m	£1.9m
Profit after tax	−£1.6m	−£266k
Profit (best available)	−£1.6m	−£266k
Staff costs	£9.5m	£8.8m
Employees (average)	104	95
Ratios
Profit margin	−6.6%	−1.2%
Gross margin	4%	8.2%
Revenue per employee	£239k	£240k
Profit per employee	−£15.7k	−£2.8k
Growth (year on year)
Revenue growth	—	▼8.5%
Headcount growth	—	▼8.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£674k	£642k
Net assets	£2.6m	£2.3m
Current assets	£4m	£5m
Debtors	£2.1m	£2.6m
Cash from operations	£971k	−£348k
Source	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: −1.2%; Profit ÷ revenue.
Gross margin: 8.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £240k; Revenue ÷ average employees.
Profit per employee: −£2.8k; 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: 11.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼10%; Now £2.3m
Cash at bank: ▼5%; Now £642k
Headcount: ▼9%; Now 95
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£266k), from the Companies House accounts bulk data published May 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.