Iris Care Group Limited
Registered name: IRIS CARE GROUP LIMITED
Iris Care Group Limited made £84m revenue and a £14.9k loss in the year to 31 Mar 2025.
Iris Care Group Limited’s revenue fell 2% to £84m in the year to 31 Mar 2025, with a loss of £14.9k and 1,777 employees. The company is classified under “activities of other holding companies” and is based in ST Mellons; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- ST Mellons, Wales
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £42m | £78m | £85.3m | £84m |
| Cost of sales | £30m | £57.3m | £60.9m | £59.9m |
| Gross profit | £12m | £20.7m | £24.4m | £24.1m |
| Operating profit | £2m | £4.5m | £8.5m | £9.1m |
| Profit before tax | −£7.3m | −£5.2m | −£5.8m | −£3.5m |
| Profit after tax | £49.8k | £31.6k | £29.3k | −£14.9k |
| Profit (best available) | £49.8k | £31.6k | £29.3k | −£14.9k |
| Staff costs | £20.5m | £40.7m | £50.9m | £52.2m |
| Employees (average) | 807 | 1,488 | 1,719 | 1,777 |
| Ratios | ||||
| Profit margin | 0.1% | 0% | 0% | 0% |
| Gross margin | 28.5% | 26.5% | 28.6% | 28.7% |
| Revenue per employee | £52k | £52.4k | £49.6k | £47.3k |
| Profit per employee | £62 | £21 | £17 | −£8 |
| Cash conversion | 285.3% | 142.9% | 171.3% | 132.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲85.7% | ▲9.4% | ▼1.6% |
| Profit growth | — | ▼36.4% | ▼7.4% | ▼150.9% |
| Headcount growth | — | ▲84.4% | ▲15.5% | ▲3.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £14m | £10.9m | £7.4m | — |
| Net assets | £32.8m | £32.8m | £32.8m | £32.8m |
| Fixed assets | £155m | £153m | £150m | £152m |
| Current assets | £21.7m | £21.9m | £15.5m | £1.4m |
| Debtors | £4.9m | £6.7m | £6.4m | £6.9m |
| Cash from operations | £5.7m | £6.4m | £14.5m | £12.1m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 28.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £47.3k
- Revenue ÷ average employees.
- Profit per employee
- −£8
- Profit ÷ average employees.
- Cash conversion
- 132.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 181.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼0%
- Now £32.8m
- Cash at bank
- —
- Now —
- Headcount
- ▲3%
- Now 1,777
- Deferred income
- —
- Now —
- Fixed assets
- ▲1%
- Now £152m
Group structure
Subsidiaries (1)
- Iris Care Group Midco LimitedRev. £0 · Profit −£1.5m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£14.9k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.