
Company Number
09235474
Next Accounts
Sep 2025
Shareholders
iris low volatility plus corporate member holding co ltd
Group Structure
View All
Industry
Non-life insurance
Registered Address
5th floor 70 gracechurch street, london, EC3V 0XL
Website
barbicaninsurance.comPomanda estimates the enterprise value of IRIS LOW VOLATILITY PLUS CORPORATE MEMBER LIMITED at £0 based on a Turnover of £0 and 0.57x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of IRIS LOW VOLATILITY PLUS CORPORATE MEMBER LIMITED at £61 based on an EBITDA of £9 and a 6.3x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of IRIS LOW VOLATILITY PLUS CORPORATE MEMBER LIMITED at £163 based on Net Assets of £100 and 1.64x industry multiple (adjusted for liquidity).
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Iris Low Volatility Plus Corporate Member Limited is a live company located in london, EC3V 0XL with a Companies House number of 09235474. It operates in the non-life insurance sector, SIC Code 65120. Founded in September 2014, it's largest shareholder is iris low volatility plus corporate member holding co ltd with a 100% stake. Iris Low Volatility Plus Corporate Member Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
Pomanda's financial health check has awarded Iris Low Volatility Plus Corporate Member Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (8.7%)
- - Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
- Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (18 weeks)
- - Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.5%, this is a similar level of debt than the average (81.5%)
- - Iris Low Volatility Plus Corporate Member Limited
- - Industry AVG
Iris Low Volatility Plus Corporate Member Limited's latest turnover from December 2023 is 0 and the company has net assets of £100. According to their latest financial statements, we estimate that Iris Low Volatility Plus Corporate Member Limited has 1 employee and maintains cash reserves of £572 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | -4,236,851 | 21,974,669 | 143,000 | 86,000 | 69,000 | 99,000 | |||
Other Income Or Grants | |||||||||
Cost Of Sales | |||||||||
Gross Profit | |||||||||
Admin Expenses | |||||||||
Operating Profit | |||||||||
Interest Payable | |||||||||
Interest Receivable | |||||||||
Pre-Tax Profit | 9,333 | 467,213 | 441,788 | ||||||
Tax | -9,333 | -9,080 | -8,753 | ||||||
Profit After Tax | 458,133 | 433,035 | |||||||
Dividends Paid | |||||||||
Retained Profit | 458,133 | 433,035 | |||||||
Employee Costs | |||||||||
Number Of Employees | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 69,921,536 | 89,058,479 | 103,291,000 | 123,359,000 | 95,816,000 | 77,797,000 | 51,839,000 | 17,606,000 | |
Intangible Assets | |||||||||
Investments & Other | |||||||||
Debtors (Due After 1 year) | |||||||||
Total Fixed Assets | 69,921,536 | 89,058,479 | 103,291,000 | 123,359,000 | 95,816,000 | 77,797,000 | 51,839,000 | 17,606,000 | |
Stock & work in progress | |||||||||
Trade Debtors | 1,612,411 | 1,499,267 | 18,315,000 | 21,871,000 | 26,038,000 | 22,444,000 | 20,287,000 | 12,424,000 | |
Group Debtors | |||||||||
Misc Debtors | |||||||||
Cash | 572 | 2,437,738 | 4,954,000 | 7,632,000 | 15,002,000 | 7,044,000 | 2,742,000 | ||
misc current assets | 35,803 | 2,408 | 22,000 | 27,000 | 54,000 | 98,000 | 28,000 | ||
total current assets | 572 | 14,993,150 | 18,650,646 | 25,381,000 | 31,908,000 | 41,947,000 | 30,115,000 | 23,306,000 | 12,459,000 |
total assets | 572 | 84,914,686 | 107,709,125 | 128,672,000 | 155,267,000 | 137,763,000 | 107,912,000 | 75,145,000 | 30,065,000 |
Bank overdraft | |||||||||
Bank loan | |||||||||
Trade Creditors | 25,501,660 | 36,369,171 | 47,370,000 | 59,731,000 | 57,802,000 | 42,035,000 | 28,535,000 | 12,211,000 | |
Group/Directors Accounts | |||||||||
other short term finances | 440 | ||||||||
hp & lease commitments | |||||||||
other current liabilities | |||||||||
total current liabilities | 472 | 37,565,825 | 50,867,967 | 48,600,000 | 60,752,000 | 60,720,000 | 45,807,000 | 33,610,000 | 12,479,000 |
loans | |||||||||
hp & lease commitments | |||||||||
Accruals and Deferred Income | |||||||||
other liabilities | |||||||||
provisions | |||||||||
total long term liabilities | 47,348,761 | 56,841,058 | 80,072,000 | 94,515,000 | 91,736,000 | 62,105,000 | 41,535,000 | 17,586,000 | |
total liabilities | 472 | 84,914,586 | 107,709,025 | 128,672,000 | 155,267,000 | 152,456,000 | 107,912,000 | 75,145,000 | 30,065,000 |
net assets | 100 | 100 | 100 | -14,693,000 | |||||
total shareholders funds | 100 | 100 | 100 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | |||||||||
Amortisation | |||||||||
Tax | -9,333 | -9,080 | -8,753 | ||||||
Stock | |||||||||
Debtors | -1,612,411 | 113,144 | -16,815,733 | -3,556,000 | -4,167,000 | 3,594,000 | 2,157,000 | 7,863,000 | 12,424,000 |
Creditors | -25,501,660 | -10,867,511 | -11,000,829 | -12,361,000 | 1,929,000 | 15,767,000 | 13,500,000 | 16,324,000 | 12,211,000 |
Accruals and Deferred Income | |||||||||
Deferred Taxes & Provisions | |||||||||
Cash flow from operations | |||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | |||||||||
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | |||||||||
Group/Directors Accounts | |||||||||
Other Short Term Loans | 440 | ||||||||
Long term loans | |||||||||
Hire Purchase and Lease Commitments | |||||||||
other long term liabilities | |||||||||
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | 572 | -2,437,738 | -2,516,262 | -2,678,000 | -7,370,000 | 7,958,000 | 4,302,000 | 2,742,000 | |
overdraft | |||||||||
change in cash | 572 | -2,437,738 | -2,516,262 | -2,678,000 | -7,370,000 | 7,958,000 | 4,302,000 | 2,742,000 |
Perform a competitor analysis for iris low volatility plus corporate member limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in EC3V area or any other competitors across 12 key performance metrics.
IRIS LOW VOLATILITY PLUS CORPORATE MEMBER LIMITED group structure
Iris Low Volatility Plus Corporate Member Limited has no subsidiary companies.
Ultimate parent company
IRIS LOW VOLAILITY PLUS PURPOSE TRUST
#0112978
IRIS LOW VOLATILITY PLUS CORPORATE MEM
#0053530
2 parents
IRIS LOW VOLATILITY PLUS CORPORATE MEMBER LIMITED
09235474
Iris Low Volatility Plus Corporate Member Limited currently has 3 directors. The longest serving directors include Mr Edmond Curtin (Oct 2015) and Mr Stephen Foster (Oct 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Edmond Curtin | 59 years | Oct 2015 | - | Director | |
Mr Stephen Foster | 66 years | Oct 2015 | - | Director | |
Mr Niklaus Hilti | 55 years | Oct 2021 | - | Director |
P&L
December 2023turnover
0
-100%
operating profit
9.7
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
100
0%
total assets
572
-1%
cash
572
0%
net assets
Total assets minus all liabilities
company number
09235474
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
September 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
barbican corporate member (no.8) limited (October 2015)
accountant
-
auditor
PKF LITTLEJOHN LLP
address
5th floor 70 gracechurch street, london, EC3V 0XL
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
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 did not find charges/mortgages relating to iris low volatility plus corporate member limited.
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for IRIS LOW VOLATILITY PLUS CORPORATE MEMBER LIMITED. This can take several minutes, an email will notify you when this has completed.
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