IRIS SOFTWARE LIMITED
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Next accounts due
2027-01-31 (in 8mo)
Last filed for 2025-04-30
Confirmation statement due
2026-05-22 (this month)
Last made up 2025-05-08
Watchouts
None on the register
Cash
£8M
+4.6% vs 2024
Net assets
£887M
+24.1% vs 2024
Employees
396
+132.9% vs 2024
Profit before tax
£172M
+49.2% vs 2024
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2025-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Turnover | £175,043,821 | £197,843,464 | |
| Operating profit | £82,039,729 | £85,003,796 | |
| Profit before tax | £115,335,839 | £172,085,002 | |
| Net profit | £120,010,359 | £172,195,958 | |
| Cash | £7,172,307 | £7,500,593 | |
| Total assets less current liabilities | £714,699,961 | £886,895,919 | |
| Net assets | £714,699,961 | £886,895,919 | |
| Equity | £714,699,961 | £886,895,919 | |
| Average employees | 170 | 396 | |
| Wages | £4,147,104 | £19,057,005 | |
| Directors' remuneration | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-04-30 vs 2024-04-30
-
Turnover
+13%
£175,043,821 £197,843,464
-
Cash
+4.6%
£7,172,307 £7,500,593
-
Net assets
+24.1%
£714,699,961 £886,895,919
-
Employees
+132.9%
170 396
-
Operating profit
+3.6%
£82,039,729 £85,003,796
-
Profit before tax
+49.2%
£115,335,839 £172,085,002
-
Wages
+359.5%
£4,147,104 £19,057,005
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Operating margin | 46.9% | 43.0% | |
| Net margin | 68.6% | 87.0% | |
| Return on capital employed | 11.5% | 9.6% | |
| Gearing (liabilities / total assets) | 10.3% | 9.8% | |
| Current ratio | 10.42x | 10.77x | |
| Interest cover | 218.57x | 58.96x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- IRIS SOFTWARE LIMITED 2001-11-01 → present
- TRANSACTION TECHNOLOGY (SOFTWARE) LIMITED 1996-07-03 → 2001-11-01
- DIRECTBOSS LIMITED 1996-05-08 → 1996-07-03
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they believe there is no material uncertainty in respect of going concern...”
Significant events
- “On 30 April 2024, the IRIS Group was acquired by a consortium of investors.”
- “On 14 May 2024, we successfully completed the acquisition of Swipeclock LLC, acquiring 100% of its shares for cash consideration of $192 million (£150 million).”
- “During October 2024, we completed the UK acquisition of School Spider Limited... costing £2.6 million.”
- “On 20 December 2024, IRIS completed its international acquisition of Dext, a leading bookkeeping automation platform provider for total consideration of £637.7 million.”
- “Following the year end, in May 2025, IRIS announced it had made a strategic minority investment in Instead, an AI-powered tax platform...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KELLY, Stephanie Ann | Director | 2025-08-14 | May 1971 | British |
| STRUDWICK, Robert Henry | Director | 2026-01-15 | Apr 1963 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHALLINGER, Sara | Secretary | 2007-07-24 | 2009-02-20 |
| DOUGLAS, Raymond Leslie Scott | Secretary | 1997-05-01 | 2004-11-29 |
| GAHAGAN, Roger Patrick | Secretary | 1996-05-29 | 1997-05-01 |
| PREEDY, Richard Ian | Secretary | 2004-11-29 | 2007-07-23 |
| ROBERTS, Neal Anthony | Secretary | 2009-03-11 | 2011-12-21 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1996-05-08 | 1996-05-26 |
| ALI, Mansoor Anwar | Director | 2011-12-21 | 2012-05-14 |
| COX, Michael David | Director | 2019-02-01 | 2026-01-15 |
| CROMPTON, Kerry Jane | Director | 2011-03-01 | 2011-12-21 |
| DADY, Kevin Peter | Director | 2015-12-01 | 2024-04-30 |
| DISCOMBE, Nicholas Sanders | Director | 2013-05-31 | 2014-01-28 |
| DISCOMBE, Nicholas Sanders | Director | 2012-05-31 | 2012-07-24 |
| DOUGLAS, Raymond Leslie Scott | Director | 1997-05-01 | 2005-01-05 |
| GAHAGAN, Roger Patrick | Director | 1996-05-29 | 2000-10-20 |
| GUEST, David Ranger | Director | 1996-05-29 | 2004-07-05 |
| LEUW, Martin Philip | Director | 2001-05-22 | 2011-03-01 |
| LEWIS, Mark Jonathan | Director | 2014-01-28 | 2016-09-28 |
| LOCKIE, David James | Director | 2020-11-16 | 2025-05-31 |
| MARNOCH, Alasdair | Director | 2012-07-24 | 2013-05-31 |
| MORTIMER-ZHIKA, Elona, Ms. | Director | 2016-11-07 | 2024-12-20 |
| ROBERTS, Douglas Charles | Director | 1996-06-11 | 2004-07-05 |
| ROBERTS, Neal Anthony | Director | 2005-03-11 | 2011-12-21 |
| ROBINSON, Phillip David | Director | 2011-12-21 | 2016-01-12 |
| ROZIER, Kenneth | Director | 1996-06-11 | 2004-07-05 |
| STONE, Anthony Thomas | Director | 1996-06-11 | 2004-07-05 |
| VELUSSI, Luca | Director | 2008-03-14 | 2010-12-08 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1996-05-08 | 1996-05-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Iris Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 176 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-06 | AA | accounts | Accounts with accounts type full | |
| 2026-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-05 | AA | accounts | Accounts with accounts type full | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-03 | AA | accounts | Accounts with accounts type full | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-07 | AA | accounts | Accounts with accounts type full | |
| 2022-05-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-15 | AA | accounts | Accounts with accounts type full | |
| 2021-05-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-01 | CH01 | officers | Change person director company with change date | |
| 2021-02-19 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.