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IRIS PROJECT SOLUTIONS LTD Financials

Company number
08989604Copy
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Registered office
Unit 7 Fern Court, Bracken Hill Business Park, Peterlee, Co Durham SR8 2RR
Incorporated
10/04/2014

Company snapshot

Status
Active
Employees
5 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2025.

Net Assets

£696.52K2025
544.06%vs 2024

2024: £108.15K

Total Assets

£2.89M2025
627.55%vs 2024

2024: £396.72K

Cash in Bank

£127.51K2025
-2.44%vs 2024

2024: £130.70K

Total Liabilities

£2.19M2025
658.84%vs 2024

2024: £288.58K

Employees

52025
0vs 2024

2024: 5

In 2025, IRIS PROJECT SOLUTIONS LTD reported net assets of £696.52K. The same filing shows total assets of £2.89M, cash in bank of £127.51K and total liabilities of £2.19M. Reported headcount was 5 in 2025. Total Assets rose from £396.72K in 2024 to £2.89M in 2025 (627.55%). 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

£696.52K2025
544.06%from £108.15K in 2024

Year-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 PROJECT SOLUTIONS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£289.67K2023£696.52K2025
+140%vs 2023

+55.1% a year compound (CAGR)

Cash in Bank

£128.13K2023£127.51K2025
-0.5%vs 2023

-0.2% a year compound (CAGR)

Total Assets

£871.06K2023£2.89M2025
+231%vs 2023

+82% a year compound (CAGR)

Total Liabilities

£581.39K2023£2.19M2025
+277%vs 2023

+94.1% a year compound (CAGR)

Employees

6202352025
-16.7%vs 2023-1

Biggest increase

Total Liabilities+277%

£581.39K in 2023 to £2.19M in 2025

Biggest decrease

Employees-16.7%

6 in 2023 to 5 in 2025

IRIS PROJECT SOLUTIONS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IRIS PROJECT SOLUTIONS 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
24.13%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.

Liabilities to total assets
75.87%2025

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.

Cash to liabilities
5.82%2025

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
4.42%2025

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 PROJECT SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2022202320242025
Net Assets£196.27K289.67K108.15K696.52K
Total Assets£712.52K871.06K396.72K2.89M
Cash in Bank£105.80K128.13K130.70K127.51K
Total Liabilities£516.25K581.39K288.58K2.19M
Employees6655

IRIS PROJECT SOLUTIONS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has IRIS PROJECT SOLUTIONS LTD filed financial statements?

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Yes. Okredo holds filed figures for IRIS PROJECT SOLUTIONS LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did IRIS PROJECT SOLUTIONS LTD report in 2025?

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IRIS PROJECT SOLUTIONS LTD reported net assets of £696.52K for 2025. That compares with £108.15K in 2024, a change of 544.06%.

What total assets did IRIS PROJECT SOLUTIONS LTD report in 2025?

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IRIS PROJECT SOLUTIONS LTD reported total assets of £2.89M for 2025. That compares with £396.72K in 2024, a change of 627.55%.

What cash in bank did IRIS PROJECT SOLUTIONS LTD report in 2025?

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IRIS PROJECT SOLUTIONS LTD reported cash in bank of £127.51K for 2025. That compares with £130.70K in 2024, a change of -2.44%.

How many people does IRIS PROJECT SOLUTIONS LTD employ?

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IRIS PROJECT SOLUTIONS LTD reported 5 employees in 2025, compared with 5 in 2024.

How have IRIS PROJECT SOLUTIONS LTD financials changed over the last 3 years?

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Between 2023 and 2025, IRIS PROJECT SOLUTIONS LTD's net assets rose by 140%, cash in bank fell by 0.5%, total assets rose by 231% and total liabilities rose by 277%. Net assets compounded at 55.1% a year across the two years to 2025, from £289.67K to £696.52K. Reported headcount went from 6 in 2023 to 5 in 2025 (-1).

Which years of IRIS PROJECT SOLUTIONS LTD financial data are available?

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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.