Starfish 9 Ltd
Registered name: STARFISH 9 LTD
Part of Starfish Construction Group Limited groupStarfish 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 67 | 60 | 57 | 55 |
| Ratios | ||||
| Profit margin | 2.2% | 7.7% | 18.4% | 23.3% |
| Gross margin | 25.3% | 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 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Dec 2025 |
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.
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
Group structure
Ownership chain
- Starfish Construction Group Limitedultimate parent75–100%
- 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).
Similar profitable businesses
- K & N Surfacing LimitedBiggin Hill · Construction of commercial buildings
- Revenue
- £26.3m
- Profit
- £3.5m
- Staff
- 129
- Frank Rogers (Building Contractor) LimitedLiverpool · Construction of commercial buildings
- Revenue
- £26.4m
- Profit
- £1.7m
- Staff
- 67
- Bell Building Projects LimitedLanarkshire · Construction of commercial buildings
- Revenue
- £26.5m
- Profit
- £1.3m
- Staff
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- Brooks and Wood LimitedIpswich · Construction of commercial buildings
- Revenue
- £26.5m
- Profit
- £415k
- Staff
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- Geo Houlton & Sons LimitedHull · Construction of commercial buildings
- Revenue
- £26.6m
- Profit
- £356k
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- PBS Construction (North East) LimitedHull · Construction of commercial buildings
- Revenue
- £26.7m
- Profit
- £2.4m
- Staff
- 80
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.