Iris Technologies Ltd.

Iris Technologies Ltd, based in Rochester, UK, is a small, active company founded eleven years ago. With just two employees and £249,744 in assets, it operates from a real address and is overseen by three directors, though no owners are officially listed. The company is an irregular importer, having imported goods for one month in 2022, and a regular exporter, having exported goods for three months in 2018. It operates within the wholesale of electronic and telecommunications equipment and parts industries.

The company’s website showcases a diverse range of products and services, primarily focused on advanced control electronics, imaging systems, and power generation solutions for aerospace, tactical, and industrial applications. It’s not an e-commerce site in the traditional sense; instead, it functions as a detailed catalog and marketing platform, highlighting technical specifications and engineering capabilities. The site emphasizes risk mitigation, faster development times, and a reputation built on 35 years of experience—a clear pitch to high-value clients.

Financially, Iris Technologies Ltd shows a mixed picture. Current assets have dropped significantly, declining by 63% to £250,000, while cash reserves have plummeted 80% to just £120,000. However, creditors have also decreased by 75%, suggesting improved debt management. Interestingly, corporation tax recoverable has increased by 150%, reaching £93,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in cash and assets raises concerns about its financial health. No auditor is mentioned, which is typical for a small company. The unaudited figures rely on director-reported data.

While the company’s website projects a sophisticated engineering firm, the financials suggest it’s navigating a period of financial pressure. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company's focus on specialized engineering solutions may help it weather the storm.

Registered in England/Wales under the registration number 08869596, with a registered address at ME2 4HU, United Kingdom, Rochester, Kent, Unit C2 Laser Quay, Culpepper Close.

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