IRIS BUSINESS SERVICES LTD Financials
- Company number
- 08986589Copy
Copy - Registered office
- Unit 7 Fern Court, Bracken Hill Business Park, Peterlee, Co Durham SR8 2RR
- Incorporated
- 08/04/2014
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
32.49%vs 20242024: £510.71K
Total Assets
80.81%vs 20242024: £720.27K
Cash in Bank
990.66%vs 20242024: £18.42K
Total Liabilities
198.56%vs 20242024: £209.57K
Employees
0vs 20242024: 4
In 2025, IRIS BUSINESS SERVICES LTD reported net assets of £676.65K. The same filing shows total assets of £1.30M, cash in bank of £200.88K and total liabilities of £625.68K. Reported headcount was 4 in 2025. Total Assets rose from £720.27K in 2024 to £1.30M in 2025 (80.81%). Okredo holds filed figures for 2022–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
32.49%from £510.71K in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures IRIS BUSINESS SERVICES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+131%vs 2023+52% a year compound (CAGR)
Cash in Bank
+134%vs 2023+53.1% a year compound (CAGR)
Total Assets
+89.3%vs 2023+37.6% a year compound (CAGR)
Total Liabilities
+58.4%vs 2023+25.9% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Cash in Bank+134%
£85.67K in 2023 to £200.88K in 2025
Every measure that changed in IRIS BUSINESS SERVICES LTD's filings between 2023 and 2025 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from IRIS BUSINESS SERVICES LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 51.96%2025
- Liabilities to total assets
- 48.04%2025
- Cash to liabilities
- 32.11%2025
- Cash to total assets
- 15.42%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for IRIS BUSINESS SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 1.24M | 293.06K | 510.71K | 676.65K |
| Total Assets£ | – | 688.08K | 720.27K | 1.30M |
| Cash in Bank£ | 1.34M | 85.67K | 18.42K | 200.88K |
| Total Liabilities£ | – | 395.01K | 209.57K | 625.68K |
| Employees | 4 | 4 | 4 | 4 |
IRIS BUSINESS SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has IRIS BUSINESS SERVICES LTD filed financial statements?
Yes. Okredo holds filed figures for IRIS BUSINESS SERVICES LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did IRIS BUSINESS SERVICES LTD report in 2025?
IRIS BUSINESS SERVICES LTD reported net assets of £676.65K for 2025. That compares with £510.71K in 2024, a change of 32.49%.
What total assets did IRIS BUSINESS SERVICES LTD report in 2025?
IRIS BUSINESS SERVICES LTD reported total assets of £1.30M for 2025. That compares with £720.27K in 2024, a change of 80.81%.
What cash in bank did IRIS BUSINESS SERVICES LTD report in 2025?
IRIS BUSINESS SERVICES LTD reported cash in bank of £200.88K for 2025. That compares with £18.42K in 2024, a change of 990.66%.
How many people does IRIS BUSINESS SERVICES LTD employ?
IRIS BUSINESS SERVICES LTD reported 4 employees in 2025, compared with 4 in 2024.
How have IRIS BUSINESS SERVICES LTD financials changed over the last 3 years?
Between 2023 and 2025, IRIS BUSINESS SERVICES LTD's net assets rose by 131%, cash in bank rose by 134%, total assets rose by 89.3% and total liabilities rose by 58.4%. Net assets compounded at 52% a year across the two years to 2025, from £293.06K to £676.65K. Reported headcount went from 4 in 2023 to 4 in 2025.
Which years of IRIS BUSINESS SERVICES LTD financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.