IRIS PROJECT SOLUTIONS LTD Financials
- Company number
- 08989604Copy
Copy
- 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
2024: £108.15K
Total Assets
2024: £396.72K
Cash in Bank
2024: £130.70K
Total Liabilities
2024: £288.58K
Employees
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
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
+55.1% a year compound (CAGR)
Cash in Bank
-0.2% a year compound (CAGR)
Total Assets
+82% a year compound (CAGR)
Total Liabilities
+94.1% a year compound (CAGR)
Employees
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
- Liabilities to total assets
- 75.87%2025
- Cash to liabilities
- 5.82%2025
- Cash to total assets
- 4.42%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 PROJECT SOLUTIONS 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£ | 196.27K | 289.67K | 108.15K | 696.52K |
| Total Assets£ | 712.52K | 871.06K | 396.72K | 2.89M |
| Cash in Bank£ | 105.80K | 128.13K | 130.70K | 127.51K |
| Total Liabilities£ | 516.25K | 581.39K | 288.58K | 2.19M |
| Employees | 6 | 6 | 5 | 5 |
IRIS PROJECT SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has IRIS PROJECT SOLUTIONS LTD filed financial statements?
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?
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?
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?
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?
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?
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?
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.