iris london limited
iris london limited Company Information
Company Number
03651456
Website
www.iris-worldwide.comRegistered Address
third floor, 10 queen street place, london, EC4R 1BE
Industry
Other business support service activities n.e.c.
Artistic creation
Telephone
02076547900
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
iris nation worldwide ltd 100%
iris london limited Estimated Valuation
Pomanda estimates the enterprise value of IRIS LONDON LIMITED at £68.4m based on a Turnover of £53.2m and 1.29x industry multiple (adjusted for size and gross margin).
iris london limited Estimated Valuation
Pomanda estimates the enterprise value of IRIS LONDON LIMITED at £51m based on an EBITDA of £3.7m and a 13.64x industry multiple (adjusted for size and gross margin).
iris london limited Estimated Valuation
Pomanda estimates the enterprise value of IRIS LONDON LIMITED at £28.2m based on Net Assets of £19.1m and 1.47x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Iris London Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Iris London Limited Overview
Iris London Limited is a live company located in london, EC4R 1BE with a Companies House number of 03651456. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 1998, it's largest shareholder is iris nation worldwide ltd with a 100% stake. Iris London Limited is a mature, large sized company, Pomanda has estimated its turnover at £53.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Iris London Limited Health Check
Pomanda's financial health check has awarded Iris London Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £53.2m, make it larger than the average company (£4.6m)
£53.2m - Iris London Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.6%)
4% - Iris London Limited
2.6% - Industry AVG
Production
with a gross margin of 65.6%, this company has a lower cost of product (45.9%)
65.6% - Iris London Limited
45.9% - Industry AVG
Profitability
an operating margin of 6.8% make it as profitable than the average company (7.8%)
6.8% - Iris London Limited
7.8% - Industry AVG
Employees
with 317 employees, this is above the industry average (25)
317 - Iris London Limited
25 - Industry AVG
Pay Structure
on an average salary of £69.8k, the company has a higher pay structure (£47.1k)
£69.8k - Iris London Limited
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £167.9k, this is more efficient (£139.3k)
£167.9k - Iris London Limited
£139.3k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is near the average (43 days)
41 days - Iris London Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (39 days)
46 days - Iris London Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is more than average (24 days)
35 days - Iris London Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (49 weeks)
4 weeks - Iris London Limited
49 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.5%, this is a similar level of debt than the average (55.6%)
56.5% - Iris London Limited
55.6% - Industry AVG
iris london limited Credit Report and Business Information
Iris London Limited Competitor Analysis
Perform a competitor analysis for iris london limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
iris london limited Ownership
IRIS LONDON LIMITED group structure
Iris London Limited has no subsidiary companies.
Ultimate parent company
CHEIL WORLDWIDE INC
#0068221
2 parents
IRIS LONDON LIMITED
03651456
iris london limited directors
Iris London Limited currently has 2 directors. The longest serving directors include Mr Ian Millner (Aug 2000) and Claire Humprhis (Aug 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Millner | England | 54 years | Aug 2000 | - | Director |
| Claire Humprhis | 51 years | Aug 2000 | - | Director |
IRIS LONDON LIMITED financials
Iris London Limited's latest turnover from December 2022 is £53.2 million and the company has net assets of £19.1 million. According to their latest financial statements, Iris London Limited has 317 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 53,230,000 | 53,648,000 | 45,870,000 | 46,890,000 | 47,406,000 | 40,190,000 | 39,123,000 | 48,541,000 | 50,658,000 | 34,034,000 | 34,133,000 | 37,126,000 | 36,151,130 | 36,123,889 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 18,302,000 | 17,134,000 | 15,358,000 | 18,710,000 | 21,245,000 | 14,278,000 | 11,373,000 | 18,695,000 | 22,991,000 | 12,206,000 | 11,918,000 | 13,275,000 | 16,935,182 | 17,503,726 |
| Gross Profit | 34,928,000 | 36,514,000 | 30,512,000 | 28,180,000 | 26,161,000 | 25,912,000 | 27,750,000 | 29,846,000 | 27,667,000 | 21,828,000 | 22,215,000 | 23,851,000 | 19,215,948 | 18,620,163 |
| Admin Expenses | 31,294,000 | 31,453,000 | 26,445,000 | 23,411,000 | 21,583,000 | 22,430,000 | 22,851,000 | 24,807,000 | 24,880,000 | 18,848,000 | 19,566,000 | 21,520,000 | 18,706,101 | 18,008,028 |
| Operating Profit | 3,634,000 | 5,061,000 | 4,067,000 | 4,769,000 | 4,578,000 | 3,482,000 | 4,899,000 | 5,039,000 | 2,787,000 | 2,980,000 | 2,649,000 | 2,331,000 | 509,847 | 612,135 |
| Interest Payable | 617,000 | 373,000 | 288,000 | 1,051,000 | 874,000 | 37,000 | 13,000 | 33,000 | 8,000 | 1,000 | 4,000 | 38,000 | 35,391 | 38,637 |
| Interest Receivable | 2,983,000 | 2,330,000 | 2,288,000 | 2,470,000 | 2,063,000 | 1,388,000 | 1,097,000 | 1,005,000 | 835,000 | 580,000 | 405,000 | 646,000 | 12,482 | 2,749 |
| Pre-Tax Profit | 6,000,000 | 7,018,000 | 6,067,000 | 6,188,000 | 5,767,000 | 4,833,000 | 5,983,000 | 6,011,000 | 3,614,000 | 3,559,000 | 3,050,000 | 2,939,000 | 486,938 | 576,247 |
| Tax | -415,000 | -520,000 | -246,000 | -954,000 | -509,000 | -750,000 | -1,132,000 | -1,061,000 | -849,000 | -299,000 | -615,000 | -422,000 | -75,893 | 223,570 |
| Profit After Tax | 5,585,000 | 6,498,000 | 5,821,000 | 5,234,000 | 5,258,000 | 4,083,000 | 4,851,000 | 4,950,000 | 2,765,000 | 3,260,000 | 2,435,000 | 2,517,000 | 411,045 | 799,817 |
| Dividends Paid | 0 | 0 | 0 | 9,000,000 | 9,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 5,585,000 | 6,498,000 | 5,821,000 | -3,766,000 | -3,742,000 | 4,083,000 | 4,851,000 | 4,950,000 | 2,765,000 | 3,260,000 | 2,435,000 | 2,517,000 | 411,045 | 799,817 |
| Employee Costs | 22,129,000 | 22,834,000 | 17,278,000 | 14,695,000 | 14,967,000 | 15,133,000 | 16,038,000 | 14,998,000 | 11,947,000 | 11,176,000 | 12,524,000 | 13,227,000 | 10,420,222 | 10,732,861 |
| Number Of Employees | 317 | 339 | 313 | 226 | 223 | 247 | 259 | 260 | 234 | 209 | 238 | 248 | 226 | 243 |
| EBITDA* | 3,739,000 | 5,190,000 | 4,332,000 | 4,906,000 | 4,734,000 | 3,572,000 | 4,911,000 | 5,051,000 | 2,787,000 | 2,991,000 | 2,758,000 | 2,558,000 | 810,840 | 1,234,943 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,000 | 43,000 | 69,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,000 | 120,000 | 347,463 | 646,469 |
| Intangible Assets | 56,000 | 135,000 | 238,000 | 188,000 | 160,000 | 224,000 | 145,000 | 0 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 73,000 | 178,000 | 307,000 | 188,000 | 160,000 | 224,000 | 145,000 | 0 | 12,000 | 12,000 | 23,000 | 132,000 | 359,463 | 658,469 |
| Stock & work in progress | 1,768,000 | 58,000 | 97,000 | 1,385,000 | 3,303,000 | 1,415,000 | 897,000 | 700,000 | 1,624,000 | 1,309,000 | 1,035,000 | 1,126,000 | 960,027 | 367,005 |
| Trade Debtors | 6,052,000 | 6,197,000 | 4,939,000 | 5,787,000 | 4,020,000 | 6,734,000 | 7,104,000 | 5,573,000 | 5,348,000 | 4,649,000 | 3,483,000 | 4,930,000 | 5,977,101 | 4,523,772 |
| Group Debtors | 28,675,000 | 52,675,000 | 56,096,000 | 50,675,000 | 44,532,000 | 46,847,000 | 37,214,000 | 27,518,000 | 20,893,000 | 14,409,000 | 9,832,000 | 9,002,000 | 25,290,542 | 14,351,953 |
| Misc Debtors | 5,154,000 | 3,312,000 | 3,071,000 | 2,319,000 | 1,837,000 | 1,967,000 | 1,426,000 | 1,286,000 | 231,000 | 388,000 | 578,000 | 216,000 | 200,616 | 590,507 |
| Cash | 2,199,000 | 2,177,000 | 2,286,000 | 1,244,000 | 977,000 | 2,216,000 | 2,095,000 | 2,054,000 | 2,827,000 | 2,484,000 | 2,437,000 | 460,000 | 2,109,916 | 1,280,982 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 43,848,000 | 64,419,000 | 66,489,000 | 61,410,000 | 54,669,000 | 59,179,000 | 48,736,000 | 37,131,000 | 30,923,000 | 23,239,000 | 17,365,000 | 15,734,000 | 34,538,202 | 21,114,219 |
| total assets | 43,921,000 | 64,597,000 | 66,796,000 | 61,598,000 | 54,829,000 | 59,403,000 | 48,881,000 | 37,131,000 | 30,935,000 | 23,251,000 | 17,388,000 | 15,866,000 | 34,897,665 | 21,772,688 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,341,000 | 3,193,000 | 3,129,000 | 2,095,000 | 3,244,000 | 2,140,000 | 2,037,000 | 2,592,000 | 4,377,000 | 3,516,000 | 2,565,000 | 1,555,000 | 2,131,284 | 1,942,549 |
| Group/Directors Accounts | 14,326,000 | 8,610,000 | 15,285,000 | 20,567,000 | 18,382,000 | 0 | 0 | 0 | 0 | 0 | 0 | 750,000 | 14,237,139 | 11,401,889 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76,000 | 77,722 | 57,800 |
| other current liabilities | 8,155,000 | 9,280,000 | 11,366,000 | 7,741,000 | 7,242,000 | 12,432,000 | 10,900,000 | 8,830,000 | 8,505,000 | 4,979,000 | 4,785,000 | 6,221,000 | 7,901,008 | 4,783,943 |
| total current liabilities | 24,822,000 | 21,083,000 | 29,780,000 | 30,403,000 | 28,868,000 | 14,572,000 | 12,937,000 | 11,422,000 | 12,882,000 | 8,495,000 | 7,350,000 | 8,602,000 | 24,347,153 | 18,186,181 |
| loans | 0 | 0 | 0 | 0 | 0 | 15,115,000 | 10,315,000 | 4,940,000 | 2,234,000 | 1,665,000 | 1,165,000 | 826,000 | 6,629,612 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76,652 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 13,000 | 9,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 15,128,000 | 10,324,000 | 4,940,000 | 2,234,000 | 1,665,000 | 1,165,000 | 826,000 | 6,629,612 | 76,652 |
| total liabilities | 24,822,000 | 21,083,000 | 29,780,000 | 30,403,000 | 28,868,000 | 29,700,000 | 23,261,000 | 16,362,000 | 15,116,000 | 10,160,000 | 8,515,000 | 9,428,000 | 30,976,765 | 18,262,833 |
| net assets | 19,099,000 | 43,514,000 | 37,016,000 | 31,195,000 | 25,961,000 | 29,703,000 | 25,620,000 | 20,769,000 | 15,819,000 | 13,091,000 | 8,873,000 | 6,438,000 | 3,920,900 | 3,509,855 |
| total shareholders funds | 19,099,000 | 43,514,000 | 37,016,000 | 31,195,000 | 25,961,000 | 29,703,000 | 25,620,000 | 20,769,000 | 15,819,000 | 13,091,000 | 8,873,000 | 6,438,000 | 3,920,900 | 3,509,855 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 3,634,000 | 5,061,000 | 4,067,000 | 4,769,000 | 4,578,000 | 3,482,000 | 4,899,000 | 5,039,000 | 2,787,000 | 2,980,000 | 2,649,000 | 2,331,000 | 509,847 | 612,135 |
| Depreciation | 26,000 | 26,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 11,000 | 109,000 | 227,000 | 300,993 | 622,808 |
| Amortisation | 79,000 | 103,000 | 257,000 | 137,000 | 156,000 | 90,000 | 12,000 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -415,000 | -520,000 | -246,000 | -954,000 | -509,000 | -750,000 | -1,132,000 | -1,061,000 | -849,000 | -299,000 | -615,000 | -422,000 | -75,893 | 223,570 |
| Stock | 1,710,000 | -39,000 | -1,288,000 | -1,918,000 | 1,888,000 | 518,000 | 197,000 | -924,000 | 315,000 | 274,000 | -91,000 | 165,973 | 593,022 | 367,005 |
| Debtors | -22,303,000 | -1,922,000 | 5,325,000 | 8,392,000 | -5,159,000 | 9,804,000 | 11,367,000 | 7,905,000 | 7,026,000 | 5,553,000 | -255,000 | -17,320,259 | 12,002,027 | 19,466,232 |
| Creditors | -852,000 | 64,000 | 1,034,000 | -1,149,000 | 1,104,000 | 103,000 | -555,000 | -1,785,000 | 861,000 | 951,000 | 1,010,000 | -576,284 | 188,735 | 1,942,549 |
| Accruals and Deferred Income | -1,125,000 | -2,086,000 | 3,625,000 | 499,000 | -5,190,000 | 1,532,000 | 2,070,000 | 325,000 | 3,526,000 | 194,000 | -1,436,000 | -1,680,008 | 3,117,065 | 4,783,943 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -13,000 | 4,000 | 9,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 21,940,000 | 4,609,000 | 4,708,000 | -3,172,000 | 3,397,000 | -5,861,000 | -6,261,000 | -4,451,000 | -1,016,000 | -1,990,000 | 2,063,000 | 17,033,994 | -8,554,302 | -11,648,232 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -92,000 | -169,000 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -92,000 | -169,000 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 5,716,000 | -6,675,000 | -5,282,000 | 2,185,000 | 18,382,000 | 0 | 0 | 0 | 0 | 0 | -750,000 | -13,487,139 | 2,835,250 | 11,401,889 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -15,115,000 | 4,800,000 | 5,375,000 | 2,706,000 | 569,000 | 500,000 | 339,000 | -5,803,612 | 6,629,612 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -76,000 | -1,722 | -56,730 | 134,452 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 2,366,000 | 1,957,000 | 2,000,000 | 1,419,000 | 1,189,000 | 1,351,000 | 1,084,000 | 972,000 | 827,000 | 579,000 | 401,000 | 608,000 | -22,909 | -35,888 |
| cash flow from financing | -21,918,000 | -4,718,000 | -3,282,000 | 12,604,000 | 4,456,000 | 6,151,000 | 6,459,000 | 3,678,000 | 1,359,000 | 2,037,000 | -86,000 | -18,684,373 | 9,385,223 | 14,210,491 |
| cash and cash equivalents | ||||||||||||||
| cash | 22,000 | -109,000 | 1,042,000 | 267,000 | -1,239,000 | 121,000 | 41,000 | -773,000 | 343,000 | 47,000 | 1,977,000 | -1,649,916 | 828,934 | 1,280,982 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 22,000 | -109,000 | 1,042,000 | 267,000 | -1,239,000 | 121,000 | 41,000 | -773,000 | 343,000 | 47,000 | 1,977,000 | -1,649,916 | 828,934 | 1,280,982 |
P&L
December 2022turnover
53.2m
-1%
operating profit
3.6m
-28%
gross margin
65.7%
-3.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
19.1m
-0.56%
total assets
43.9m
-0.32%
cash
2.2m
+0.01%
net assets
Total assets minus all liabilities
iris london limited company details
company number
03651456
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
82990 - Other business support service activities n.e.c.
90030 - Artistic creation
incorporation date
October 1998
age
26
accounts
Group
ultimate parent company
previous names
iris nation limited (February 2007)
iris promotional marketing limited (June 2005)
incorporated
UK
address
third floor, 10 queen street place, london, EC4R 1BE
last accounts submitted
December 2022
iris london limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 5 charges/mortgages relating to iris london limited. Currently there are 3 open charges and 2 have been satisfied in the past.
iris london limited Companies House Filings - See Documents
| date | description | view/download |
|---|
