STARFLEX SYSTEMS LIMITED

Company number 08033431 ·

Active

Executive summary

Starflex Systems operates in UK non-store retail (SIC 47990), a scale-driven, low-margin, high-failure sector in which it is a sub-scale but exceptionally profitable niche operator: net assets have compounded at over 80% annually since 2020 to £4.12m, with implied FY2025 profit of at least £1.46m and a return on net assets above 40% — top-decile performance against sector norms of 1–4% net margins. Its £2.7m net cash position, negligible inventory and seven-person headcount insulate it from the stock-obsolescence and fixed-cost risks that dominate the channel, though a £1.88m vehicle fleet purchase has raised fixed assets to 44% of the balance sheet, far above the 10–15% sector norm, and introduced depreciation and residual-value exposure. The principal concerns are concentration — single director, unaudited accounts, inconsistent PSC disclosures — and narrow headroom on the £5.1m small-company balance-sheet threshold, rather than any competitive weakness.

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Shareholders' funds

£4,124,755

Balance sheet as at 2025-12-31

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Overview

Company type
Private Limited Company
Incorporated
2012-04-17
Employees
7 (2025 accounts · was 6 in 2024)
Registered office
409 Linthorpe Road, Middlesbrough, England, TS5 6JN
Postcode
TS5 6JN
Capital
1 GBP
Accounts category
Total Exemption Full

Accounts

Last made up to
2025-12-31
Next due by
2027-09-30
Financial year end
31 December

Confirmation statement

Last statement dated
2026-09-15
Next due by
2027-09-29
View filing history →

Nature of business (SIC)

  • 47990 Other retail sale not in stores, stalls or markets

Officers 1 current · 2 resigned

Subscribers only Director
Subscribers only Appointed 2017-12-29

View all officers and resignations →

Data protection registration

Registered with the ICO as a data protection fee payer — ZC215706 (Tier 1), registered since 2026.

Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.

Contact details

Website
starflexsystems.com
Phone
0021174525118, 0024086834085, 0039787044401

starflexsystems

Previous registered addresses 2

AddressChanged on
TADIS HOUSE WESLEY PLACE, WELLINGTON ROAD, DEWSBURY, WEST YORKSHIRE, WF13 1HD, UNITED KINGDOM2019-09-18
WINNINGTON HOUSE 2 WOODBERRY GROVE, NORTH FINCHLEY, LONDON, N12 0DR2017-05-22

Among its peers

Top 5%

by shareholders' funds, of 121 similar companies in TS

Among the biggest employers among its local peers (7 staff).

Among the oldest 25% of its local peers, trading since 2012.

No.2 of the largest other retail sale not in stores, stalls or markets companies in Middlesbrough →

Competitors Middlesbrough

This company ranks 2 among other retail sale not in stores, stalls or markets in Middlesbrough.

Full league table →

The class of 2012

22%

of the 2,978 companies in this sector incorporated in 2012 are still active today; 75% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 1 title

Freehold
1
Most recent registration
2024-09-30
Price paid, where recorded
£300,000
Where
Middlesbrough
Title numberCounty Tenure RegisteredPrice paid
CE162235 Middlesbrough Freehold 2024-09-30 £300,000

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.