IRIDESCENT IDEAS CIC

Company number 07635685 · Active

IRIDESCENT IDEAS CIC is a community interest company registered in PLYMOUTH, United Kingdom, incorporated on 16 May 2011. Its registered activity is management consultancy activities other than financial management. Its latest published accounts for the period ending 31 May 2022 show equity of £17k, total assets of £20k, turnover of £84k, a result of −£4,822. It has filed 1 set of accounts. Our model estimates a 0.14 % probability that it becomes insolvent within 12 months, 1.2 times the average for active companies (medium risk).

Insolvency risk, next 12 months

0.14 %
Medium risk
Lowest riskHighest risk

Higher than 93 % of active companies in the United Kingdom. 1.2× the average annual insolvency rate (0.12 %).

Raises the risk

Operating margin5.5×-0.203077–-0.0180698 · 0.63 % became insolvent
Return on assets4.4×-0.633926–-0.0567532 · 0.51 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Loss2.7×1 · 0.31 % became insolvent

Lowers the risk

Legal form0.2×Community Interest Company · 0.02 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Industry0.7×70 · 0.08 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Late filings0.8×0–1 · 0.09 % 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
07635685 · official register
Status
Active
Legal form
Community Interest Company
Incorporated
16 May 2011 (15 years)
Registered address
PL2 1EE PLYMOUTH
Postcode area
Plymouth
Activity
70229 Management consultancy activities other than financial management
Industry
Head offices; management consultancy
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202215 Feb 2023£84k −£4,822£17k£20k £3,294£7,8134

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

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Questions about IRIDESCENT IDEAS CIC

What is the company number of IRIDESCENT IDEAS CIC?

IRIDESCENT IDEAS CIC is registered under company number 07635685 in the official register of United Kingdom. View it at the official register.

Is IRIDESCENT IDEAS CIC still active?

Yes. IRIDESCENT IDEAS CIC is registered as active (status: Active).

Has IRIDESCENT IDEAS CIC gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for IRIDESCENT IDEAS CIC in the official data.

How likely is IRIDESCENT IDEAS CIC to become insolvent?

Our model estimates a 0.14 % probability that IRIDESCENT IDEAS CIC becomes insolvent within the next 12 months (medium risk). That is higher than 93 % of active companies in the United Kingdom.

When was IRIDESCENT IDEAS CIC founded?

IRIDESCENT IDEAS CIC was incorporated on 16 May 2011.

Where is IRIDESCENT IDEAS CIC registered?

IRIDESCENT IDEAS CIC's registered address is in PL2 1EE PLYMOUTH (Plymouth), United Kingdom.

What do the latest accounts of IRIDESCENT IDEAS CIC show?

The latest published accounts (period ending 31 May 2022) show equity of £17k, total assets of £20k, turnover of £84k, a result of −£4,822, 4 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 9 Nov 2026.