IRIS TELECOMS LTD Financials
- Company number
- 13384485CopyCopy
- Registered office
- 34 Westbourne Avenue, Cannock WS11 4AN
- Incorporated
- 10/05/2021
Company snapshot
- Status
- Active
- Employees
- 2 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
-78.99%vs 20242024: £64.00K
Total Assets
-11.22%vs 20242024: £378.42K
Cash in Bank
-77.19%vs 20242024: £96.06K
Total Liabilities
26.32%vs 20242024: £179.64K
Employees
-1vs 20242024: 3
In 2025, IRIS TELECOMS LTD reported net assets of £13.44K. The same filing shows total assets of £335.95K, cash in bank of £21.91K and total liabilities of £226.92K. Reported headcount was 2 in 2025. Cash in Bank fell from £96.06K in 2024 to £21.91K in 2025 (-77.19%). 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
-78.99%from £64.00K 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 TELECOMS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-95.4%vs 2023-78.6% a year compound (CAGR)
Cash in Bank
-93%vs 2023-73.5% a year compound (CAGR)
Total Assets
-49.5%vs 2023-28.9% a year compound (CAGR)
Total Liabilities
+4.5%vs 2023+2.2% a year compound (CAGR)
Employees
-33.3%vs 2023-1Biggest increase
Total Liabilities+4.5%
£217.05K in 2023 to £226.92K in 2025
Biggest decrease
Net Assets-95.4%
£292.52K in 2023 to £13.44K in 2025
IRIS TELECOMS 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from IRIS TELECOMS 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
- 4.00%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
- 67.55%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
- 9.66%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
- 6.52%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 TELECOMS 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£ | 97.77K | 292.52K | 64.00K | 13.44K |
| Total Assets£ | 366.81K | 665.24K | 378.42K | 335.95K |
| Cash in Bank£ | 72.45K | 312.61K | 96.06K | 21.91K |
| Total Liabilities£ | 149.17K | 217.05K | 179.64K | 226.92K |
| Employees | 3 | 3 | 3 | 2 |
IRIS TELECOMS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for IRIS TELECOMS LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
IRIS TELECOMS LTD reported net assets of £13.44K for 2025. That compares with £64.00K in 2024, a change of -78.99%.
IRIS TELECOMS LTD reported total assets of £335.95K for 2025. That compares with £378.42K in 2024, a change of -11.22%.
IRIS TELECOMS LTD reported cash in bank of £21.91K for 2025. That compares with £96.06K in 2024, a change of -77.19%.
IRIS TELECOMS LTD reported 2 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, IRIS TELECOMS LTD's net assets fell by 95.4%, cash in bank fell by 93%, total assets fell by 49.5% and total liabilities rose by 4.5%. Net assets contracted at 78.6% a year across the two years to 2025, from £292.52K to £13.44K. Reported headcount went from 3 in 2023 to 2 in 2025 (-1).
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.