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Iris Service Solutions Ltd

09074512

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 7 FERN COURT, PETERLEE, SR8 2RR
Incorporated 06/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71111
Architectural activities
71121
Engineering design activities for industrial process and production
71122
Engineering related scientific and technical consulting activities
71129
Other engineering activities

Officers

Mr Robert George Preston

director · Since 06/06/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 5 other boards

Mr Michael Ian Thompson

director · Since 06/06/2014

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 11 other boards

Persons with Significant Control

Iris Business Services Ltd

75–100% shares
75–100% votes
Appoint directors

Unit 7, Fern Court, Peterlee, SR8 2RR

Reg: 08986589 · England & Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

IRIS BUSINESS SERVICES LTD

Created 26/09/2014Registered 09/10/2014

CompanyRankvs 553+ SIC 71111 peers
76

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.06× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

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

£701k

Balance sheet strength

Cash

£182k

Cash in the bank

Net Current Assets

£701k

Working capital

Current Assets

£1.4M

Current Liabilities

£662k

Debtors

£1.2M

144avg. employees-4

Tax at Year End

Corp tax£26k

Balance Sheet

Assets less current liabilities£701k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20242.06-£240k
20231.41-£19k
20221.33+£350k
20211.42

Derived from filed accounts. Not audited figures.