Iris Care Group Midco Limited
Registered name: IRIS CARE GROUP MIDCO LIMITED
Part of Iris Care Group Limited groupIris Care Group Midco Limited made £0 revenue and a £1.5m loss in the year to 31 Mar 2025. read from filing text
Iris Care Group Midco Limited’s revenue was £0 in the year to 31 Mar 2025, with a loss of £1.5m and 5 employees. The company is classified under “activities of other holding companies” and is based in Cardiff; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cardiff, 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.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Iris Care Group Limited”
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&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £0 | £0 | £0 | £0 |
| Operating profit | £0 | £0 | −£8.8k | −£2.8k |
| Profit before tax | −£194k | −£140k | −£1.6m | −£2m |
| Profit after tax | −£332k | £6.2k | −£2m | −£1.5m |
| Profit (best available) | −£332k | £6.2k | −£2m | −£1.5m |
| Employees (average) | 5 | 5 | 5 | 5 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Revenue per employee | £0 | £0 | £0 | £0 |
| Profit per employee | −£66.4k | £1.2k | −£405k | −£303k |
| Growth (year on year) | ||||
| Profit growth | — | — | ▼32653% | — |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | — | £18.2m |
| Net assets | £31.5m | £31.5m | £29.5m | £28m |
| Current assets | — | — | £78.7m | £72.2m |
| Debtors | £66.9m | £73.3m | £78.7m | £54m |
| 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
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£303k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼5%
- Now £28m
- Cash at bank
- —
- Now £18.2m
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Iris Care Group Limitedultimate parent75–100%
- Iris Care Group Midco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Iris Care Group Midco 2 LimitedRev. £84m · Profit £835k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1.5m), 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.