How much does Starspeed Training Limited make?

Starspeed Training Limited reported revenue of £1.3m and a loss of £1.2k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Starspeed Training Limited have?

Starspeed Training Limited reported an average of 2 employees in the year to 31 Dec 2024.

Is Starspeed Training Limited profitable?

No — Starspeed Training Limited reported a loss of £1.2k in the year to 31 Dec 2024.

Company No. 04632176 · Incorporated 9 Jan 2003

Starspeed Training Limited

Registered name: STARSPEED TRAINING LIMITED

Starspeed Training Limited made £1.3m revenue and a £1.2k loss in the year to 31 Dec 2024.

Starspeed Training Limited’s revenue fell 14% to £1.3m in the year to 31 Dec 2024, with a loss of £1.2k and 2 employees. The company is classified under “non-scheduled passenger air transport” and is based in Cirencester; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 51102Non-scheduled passenger air transport SIC 70229Management consultancy activities other than financial management

Status: Active
Location: Cirencester, South West
Age: 23 yrs · since 2003
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall teamCash flow filed

Revenue

£1.3m

Growth ▼13.9%

Profit

−£1.2k

Growth ▼101.8%

Profit margin

−0.1%

Gross 18.5%

Employees

Change ▼33.3%

Profit / employee

−£620

Revenue/employee £626k

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)	£1.5m	£1.3m
Cost of sales	£1.1m	£1m
Gross profit	£323k	£232k
Profit after tax	£70.1k	−£1.2k
Profit (best available)	£70.1k	−£1.2k
Staff costs	£299k	£262k
Employees (average)	3	2
Ratios
Profit margin	4.8%	−0.1%
Gross margin	22.2%	18.5%
Revenue per employee	£485k	£626k
Profit per employee	£23.4k	−£620
Growth (year on year)
Revenue growth	—	▼13.9%
Profit growth	—	▼101.8%
Headcount growth	—	▼33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£82.1k	£88.9k
Net assets	£1.4m	£1.4m
Current assets	£324k	£449k
Debtors	£175k	£338k
Cash from operations	−£1.5m	£154k
Source	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: −0.1%; Profit ÷ revenue.
Gross margin: 18.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £626k; Revenue ÷ average employees.
Profit per employee: −£620; 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: 27%; 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: ▼0%; Now £1.4m
Cash at bank: ▲8%; Now £88.9k
Headcount: ▼33%; Now 2
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 −£1.2k), 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.