Starflex Systems Limited

Starflex Systems Limited, based in Middlesbrough, UK, is a small, active company established thirteen years ago in 2012. With six employees and £2,184,890 in assets, it operates from a real address and is led by a single director and owner, Foster Christopher Edward. The company holds a stellar 5.0 Google rating from one review. Starflex is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances – parts, with the last import activity recorded one month ago.

The company’s website, Starflex Packaging Europe, reveals a specialized focus: supplying checkweighers, inspection equipment, and conveyor systems for the food processing industry. It's a British designer and manufacturer of weighing, inspection, filling, and conveyor systems, offering both standard and bespoke solutions. The site showcases a wide range of equipment, from heavy-duty checkweighers to metal detectors and grading systems, catering to diverse sectors like meat, fish, dairy, and pharmaceuticals. The company even offers used and stock equipment and comprehensive service and support.

Financially, Starflex Systems Limited presents a mixed picture. Cash bank on hand has impressively increased by 99% to £2,100,000, while current assets have doubled to £2,200,000. Equity has also grown significantly by 90% to £1,700,000. However, creditors have risen substantially, increasing by 170% to £460,000, and trade creditors have ballooned by an astonishing 2,800% to £84,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors suggests potential cash flow pressures. Depreciation on furniture fittings has also increased, though this is likely due to new equipment purchases. There's no mention of an auditor, consistent with its status as a small company exempt from an audit. Overall, Starflex appears to be growing, but managing its debts will be key to its continued success.

Registered in England/Wales under the registration number 08033431, with a registered address at TS5 6JN, England, Middlesbrough, 409 Linthorpe Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.