IRIS ENGINEERING & TECHNOLOGY LIMITED Financials
- Company number
- 05505239Copy
Copy - Registered office
- Unit 7 Fern Court, Bracken Hill Business Park, Peterlee, Co Durham SR8 2RR
- Incorporated
- 11/07/2005
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
31.72%vs 20242024: £222.43K
Total Assets
-17.23%vs 20242024: £1.92M
Cash in Bank
280.52%vs 20242024: £97.35K
Total Liabilities
-23.67%vs 20242024: £1.69M
Employees
-2vs 20242024: 14
In 2025, IRIS ENGINEERING & TECHNOLOGY LIMITED reported net assets of £292.99K. The same filing shows total assets of £1.59M, cash in bank of £370.42K and total liabilities of £1.29M. Reported headcount was 12 in 2025. Total Liabilities fell from £1.69M in 2024 to £1.29M in 2025 (-23.67%). 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
31.72%from £222.43K 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 ENGINEERING & TECHNOLOGY LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+137%vs 2023+54% a year compound (CAGR)
Cash in Bank
-70.4%vs 2023-45.6% a year compound (CAGR)
Total Assets
-71.6%vs 2023-46.7% a year compound (CAGR)
Total Liabilities
-76.4%vs 2023-51.4% a year compound (CAGR)
Employees
-20%vs 2023-3Biggest increase
Net Assets+137%
£123.54K in 2023 to £292.99K in 2025
Biggest decrease
Total Liabilities-76.4%
£5.47M in 2023 to £1.29M in 2025
IRIS ENGINEERING & TECHNOLOGY LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from IRIS ENGINEERING & TECHNOLOGY LIMITED'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
- 18.45%2025
- Liabilities to total assets
- 81.35%2025
- Cash to liabilities
- 28.67%2025
- Cash to total assets
- 23.32%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 ENGINEERING & TECHNOLOGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 72.43K | 123.54K | 222.43K | 292.99K |
| Total Assets£ | 3.23M | 5.60M | 1.92M | 1.59M |
| Cash in Bank£ | 629.69K | 1.25M | 97.35K | 370.42K |
| Total Liabilities£ | 3.15M | 5.47M | 1.69M | 1.29M |
| Employees | 15 | 15 | 14 | 12 |
IRIS ENGINEERING & TECHNOLOGY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has IRIS ENGINEERING & TECHNOLOGY LIMITED filed financial statements?
Yes. Okredo holds filed figures for IRIS ENGINEERING & TECHNOLOGY LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did IRIS ENGINEERING & TECHNOLOGY LIMITED report in 2025?
IRIS ENGINEERING & TECHNOLOGY LIMITED reported net assets of £292.99K for 2025. That compares with £222.43K in 2024, a change of 31.72%.
What total assets did IRIS ENGINEERING & TECHNOLOGY LIMITED report in 2025?
IRIS ENGINEERING & TECHNOLOGY LIMITED reported total assets of £1.59M for 2025. That compares with £1.92M in 2024, a change of -17.23%.
What cash in bank did IRIS ENGINEERING & TECHNOLOGY LIMITED report in 2025?
IRIS ENGINEERING & TECHNOLOGY LIMITED reported cash in bank of £370.42K for 2025. That compares with £97.35K in 2024, a change of 280.52%.
How many people does IRIS ENGINEERING & TECHNOLOGY LIMITED employ?
IRIS ENGINEERING & TECHNOLOGY LIMITED reported 12 employees in 2025, compared with 14 in 2024.
How have IRIS ENGINEERING & TECHNOLOGY LIMITED financials changed over the last 3 years?
Between 2023 and 2025, IRIS ENGINEERING & TECHNOLOGY LIMITED's net assets rose by 137%, cash in bank fell by 70.4%, total assets fell by 71.6% and total liabilities fell by 76.4%. Net assets compounded at 54% a year across the two years to 2025, from £123.54K to £292.99K. Reported headcount went from 15 in 2023 to 12 in 2025 (-3).
Which years of IRIS ENGINEERING & TECHNOLOGY LIMITED 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.