IRAX LTD

Company number 03742065 · Active

IRAX LTD is a private limited company registered in OSWESTRY, United Kingdom, incorporated on 26 Mar 1999. Its registered activity is business and domestic software development. Its latest published accounts for the period ending 30 Sep 2025 show equity of −£112k, total assets of £13k. It has filed 7 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 76 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent

Lowers the risk

Region0.1×SY · 0.01 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Cash ÷ assets0.9×0.578498–0.951833 · 0.10 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
03742065 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
26 Mar 1999 (28 years)
Registered address
SY10 9DF OSWESTRY
Postcode area
Shrewsbury
Activity
62012 Business and domestic software development
Industry
Computer programming and consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Sep 202515 Jun 2026– –−£112k£13k £124k£12k3
30 Sep 202415 Jun 2025– –−£61k£60k £121k£10k3
30 Sep 202315 Jun 2024– –−£46k£67k £113k£22k3
30 Sep 202215 Jun 2023– –£5,056£137k £132k£1,7663
30 Sep 202115 Jun 2022– –£16k£101k £86k£383
30 Sep 202015 Jun 2021– –£27k£75k £48k–3
30 Sep 201915 Jun 2020– –£25k£91k £66k£2,5603

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Shrewsbury

Questions about IRAX LTD

What is the company number of IRAX LTD?

IRAX LTD is registered under company number 03742065 in the official register of United Kingdom. View it at the official register.

Is IRAX LTD still active?

Yes. IRAX LTD is registered as active (status: Active).

Has IRAX LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for IRAX LTD in the official data.

How likely is IRAX LTD to become insolvent?

Our model estimates a 0.00 % probability that IRAX LTD becomes insolvent within the next 12 months (low risk). That is higher than 76 % of active companies in the United Kingdom.

When was IRAX LTD founded?

IRAX LTD was incorporated on 26 Mar 1999.

Where is IRAX LTD registered?

IRAX LTD's registered address is in SY10 9DF OSWESTRY (Shrewsbury), United Kingdom.

What do the latest accounts of IRAX LTD show?

The latest published accounts (period ending 30 Sep 2025) show equity of −£112k, total assets of £13k, 3 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.