iris audio engineering limited
iris audio engineering limited Company Information
Company Number
12430675
Next Accounts
Sep 2025
Shareholders
iris audio technologies limited
Group Structure
View All
Industry
Manufacture of consumer electronics
Registered Address
suite 360 50 eastcastle street, london, W1W 8EA
Website
-iris audio engineering limited Estimated Valuation
Pomanda estimates the enterprise value of IRIS AUDIO ENGINEERING LIMITED at £103.1k based on a Turnover of £168.1k and 0.61x industry multiple (adjusted for size and gross margin).
iris audio engineering limited Estimated Valuation
Pomanda estimates the enterprise value of IRIS AUDIO ENGINEERING LIMITED at £0 based on an EBITDA of £-4.9k and a 3.97x industry multiple (adjusted for size and gross margin).
iris audio engineering limited Estimated Valuation
Pomanda estimates the enterprise value of IRIS AUDIO ENGINEERING LIMITED at £0 based on Net Assets of £-14.7k and 1.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Iris Audio Engineering Limited Overview
Iris Audio Engineering Limited is a live company located in london, W1W 8EA with a Companies House number of 12430675. It operates in the manufacture of consumer electronics sector, SIC Code 26400. Founded in January 2020, it's largest shareholder is iris audio technologies limited with a 100% stake. Iris Audio Engineering Limited is a young, micro sized company, Pomanda has estimated its turnover at £168.1k with declining growth in recent years.
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Iris Audio Engineering Limited Health Check
Pomanda's financial health check has awarded Iris Audio Engineering Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £168.1k, make it smaller than the average company (£9.4m)
- Iris Audio Engineering Limited
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.5%)
- Iris Audio Engineering Limited
4.5% - Industry AVG
Production
with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)
- Iris Audio Engineering Limited
37.6% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (3.1%)
- Iris Audio Engineering Limited
3.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (36)
2 - Iris Audio Engineering Limited
36 - Industry AVG
Pay Structure
on an average salary of £54.5k, the company has an equivalent pay structure (£54.5k)
- Iris Audio Engineering Limited
£54.5k - Industry AVG
Efficiency
resulting in sales per employee of £84.1k, this is less efficient (£250.4k)
- Iris Audio Engineering Limited
£250.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (45 days)
- Iris Audio Engineering Limited
45 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Iris Audio Engineering Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Iris Audio Engineering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 94 weeks, this is more cash available to meet short term requirements (18 weeks)
94 weeks - Iris Audio Engineering Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 541.6%, this is a higher level of debt than the average (59%)
541.6% - Iris Audio Engineering Limited
59% - Industry AVG
IRIS AUDIO ENGINEERING LIMITED financials
Iris Audio Engineering Limited's latest turnover from December 2023 is estimated at £168.1 thousand and the company has net assets of -£14.7 thousand. According to their latest financial statements, Iris Audio Engineering Limited has 2 employees and maintains cash reserves of £2.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 30 | 30 | 30 | 397 |
| Group Debtors | 302 | 302 | 2 | 2 |
| Misc Debtors | 296 | 268 | 4,580 | 18,345 |
| Cash | 2,704 | 2,639 | 99,872 | 295,158 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 3,332 | 3,239 | 104,484 | 313,902 |
| total assets | 3,332 | 3,239 | 104,484 | 313,902 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,608 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 1,484 | 1,484 | 1,484 | 170,034 |
| total current liabilities | 1,484 | 3,092 | 1,484 | 170,034 |
| loans | 16,563 | 8,690 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 108,088 | 86,717 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,563 | 8,690 | 108,088 | 86,717 |
| total liabilities | 18,047 | 11,782 | 109,572 | 256,751 |
| net assets | -14,715 | -8,543 | -5,088 | 57,151 |
| total shareholders funds | -14,715 | -8,543 | -5,088 | 57,151 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 28 | -4,012 | -14,132 | 18,744 |
| Creditors | -1,608 | 1,608 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -168,550 | 170,034 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 7,873 | 8,690 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -108,088 | 21,371 | 86,717 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 65 | -97,233 | -195,286 | 295,158 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 65 | -97,233 | -195,286 | 295,158 |
iris audio engineering limited Credit Report and Business Information
Iris Audio Engineering Limited Competitor Analysis
Perform a competitor analysis for iris audio engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in W1W area or any other competitors across 12 key performance metrics.
iris audio engineering limited Ownership
IRIS AUDIO ENGINEERING LIMITED group structure
Iris Audio Engineering Limited has no subsidiary companies.
Ultimate parent company
1 parent
IRIS AUDIO ENGINEERING LIMITED
12430675
iris audio engineering limited directors
Iris Audio Engineering Limited currently has 2 directors. The longest serving directors include Mr Andreas Keijsers (Jan 2020) and Mr Jacobi Anstruther-Gough-Calthorpe (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andreas Keijsers | 59 years | Jan 2020 | - | Director | |
| Mr Jacobi Anstruther-Gough-Calthorpe | England | 41 years | Jan 2020 | - | Director |
P&L
December 2023turnover
168.1k
+28%
operating profit
-4.9k
0%
gross margin
37.6%
-3.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-14.7k
+0.72%
total assets
3.3k
+0.03%
cash
2.7k
+0.02%
net assets
Total assets minus all liabilities
Similar Companies
iris audio engineering limited company details
company number
12430675
Type
Private limited with Share Capital
industry
26400 - Manufacture of consumer electronics
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
suite 360 50 eastcastle street, london, W1W 8EA
Bank
-
Legal Advisor
-
iris audio engineering 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 did not find charges/mortgages relating to iris audio engineering limited.
iris audio engineering limited Capital Raised & Share Issues BETA
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.
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iris audio engineering limited Companies House Filings - See Documents
| date | description | view/download |
|---|
