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Iris Project Solutions Ltd

08989604

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 7 FERN COURT, PETERLEE, SR8 2RR
Incorporated 10/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities
71129
Other engineering activities

Officers

Mr Robert George Preston

director · Since 10/04/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 5 other boards

Mr Michael Ian Thompson

director · Since 10/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 11 other boards

Persons with Significant Control

Iris Business Services Ltd

75–100% shares
75–100% votes

Unit 7, Fern Court, Peterlee, SR8 2RR

Reg: 08986589 · Companies House, Crown Way, Cardiff, Cf14 3uz · Limited Company

Notified 06/04/2016

Ips Ne Ltd

Significant control

Unit 7, Fern Court, Peterlee, SR8 2RR

Reg: 14839206 · England & Wales · Limited Company

Notified 27/09/2023

Former PSCs

Mr Neil David Hay

Ceased 31/03/2023

CompanyRankvs 1996+ SIC 71122 peers
75

Financial strength88th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.37× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£108k

Balance sheet strength

Cash

£131k

Cash in the bank

Net Current Assets

£108k

Working capital

Current Assets

£397k

Current Liabilities

£289k

Debtors

£266k

5avg. employees-1

Tax at Year End

Corp tax£24k

Balance Sheet

Assets less current liabilities£108k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.37-£182k
20231.50+£93k
20221.38

Derived from filed accounts. Not audited figures.