Iris Networks Limited

Iris Networks Ltd, based in Widnes, UK, is a small, active company founded 13 years ago. With three employees and £1,061,357 in assets, it operates from a virtual address and is a family business led by one director and two owners. The company regularly imports and exports optical and medical tools and devices, with 5 months of import activity and 3 months of export activity recorded as of January 2025.

The company’s website showcases a range of services and products focused on network visibility, security, and testing. It's not primarily an e-commerce site; rather, it positions itself as a provider of specialist solutions and services, partnering with leading manufacturers like Cisco, Aruba, and Juniper. The site emphasizes expert insights, tailored solutions, and a focus on helping clients design, deploy, and troubleshoot their network infrastructure. It also offers professional services like WiFi surveys, network audits, and managed services. The website highlights a focus on public sector framework procurement and leasing options.

Financially, Iris Networks Ltd presents a mixed picture. While cash reserves increased by a substantial 59% to £160,000, net assets only grew by 9% to £120,000. Creditors have increased significantly, rising by 360% to £940,000, and trade debtors have ballooned by 460% to £900,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the large increase in debt raises questions. The company is exempt from an audit as a small company. The decrease in the average number of employees by 33% to two, could suggest a restructuring or a focus on efficiency. It’s clear that Iris Networks is navigating a period of growth, but also increased financial pressures.

Registered in England/Wales under the registration number 07872150, with a registered address at WA8 5SQ, United Kingdom, Widnes, Cheshire, Glebe Business Park, Lunts Heath Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.