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Company No. SC358097 · Incorporated 14 Apr 2009

Starfish 9 Ltd

Registered name: STARFISH 9 LTD

Part of Starfish Construction Group Limited group

Starfish 9 Ltd made £26.4m revenue and £6.1m profit in the year to 31 Mar 2025.

Starfish 9 Ltd’s revenue grew 35% to £26.4m in the year to 31 Mar 2025, with £6.1m profit and 55 employees. The company is classified under “construction of commercial buildings” and is based in Motherwell; we hold 4 years of its filed accounts.

Status
Active
Location
Motherwell, Scotland
Age
17 yrs · since 2009
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed
Revenue
£26.4m
Growth ▲34.9%
Profit
£6.1m
Growth ▲70.4%
Profit margin
23.3%
Gross 46.2%
Employees
55
Change ▼3.5%
Profit / employee
£112k
Revenue/employee £479k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£13.7m£17.2m£19.5m£26.4m
Cost of sales£10.2m£12m£11.5m£14.2m
Gross profit£3.5m£5.2m£8m£12.2m
Operating profit£370k£1.7m£4.8m£8.2m
Profit before tax£360k£1.6m£4.7m£8.1m
Profit after tax£301k£1.3m£3.6m£6.1m
Profit (best available)£301k£1.3m£3.6m£6.1m
Staff costs£7.8m£9m£8m£11.1m
Employees (average)67605755
Ratios
Profit margin2.2%7.7%18.4%23.3%
Gross margin25.3%30.1%40.9%46.2%
Revenue per employee£204k£286k£343k£479k
Profit per employee£4.5k£22k£63.2k£112k
Cash conversion−278.4%206.7%68.6%72%
Growth (year on year)
Revenue growth—▲25.7%▲13.7%▲34.9%
Profit growth—▲339.4%▲172.8%▲70.4%
Headcount growth—▼10.4%▼5%▼3.5%
Balance sheet — indirect signals, not revenue
Cash at bank£2.9m£6m£8.3m£12.7m
Net assets£3.7m£5m£8.6m£14.2m
Fixed assets£832k£1m£1.9m£1.5m
Current assets£5.7m£7m£12.2m£18.2m
Debtors£2.2m£827k£2.6m£3.7m
Cash from operations−£1m£3.4m£3.3m£5.9m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Feb 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
23.3%
Profit ÷ revenue.
Gross margin
46.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£479k
Revenue ÷ average employees.
Profit per employee
£112k
Profit ÷ average employees.
Cash conversion
72%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
5.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
14.2%
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
▲66%
Now £14.2m
Cash at bank
▲54%
Now £12.7m
Headcount
▼4%
Now 55
Deferred income
—
Now —
Fixed assets
▼24%
Now £1.5m
Corporate ownership

Group structure

Ownership chain

  1. Starfish Construction Group Limitedultimate parent75–100%
  2. Starfish 9 Ltdthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £6.1m), from the Companies House accounts bulk data published Dec 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.