ONE RETAIL EXPERIENCE KOREA LIMITED

1. ONE RETAIL EXPERIENCE KOREA LIMITED 2023-12-21 → present
2. IRIS KOREA LIMITED 2015-08-07 → 2023-12-21
3. IRIS SPONSORSHIP LIMITED 2008-12-11 → 2015-08-07

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “The Company continue to evolve with the market conditions to ensure that the growth and investments in the business remains balanced.”
• “In 2024 the wider Group put a lot of effort to increase quality of the services provided by the Company. In 2024 the Company was continuously increasing its presence on a global market, and strengthen its position on global market- which was the culmination of a lot of hard work and collaboration from Team Members across the organization and the globe.”
• “The Company has taken various initiatives under the directive of the IT department to address cyber security and has implemented robust procedures to comply with GDPR and monitor new regulatory legislation that could impact the business.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +22.7%

  £13,984,133 → £17,158,783

• Cash

  +15.2%

  £1,419,848 → £1,635,976

• Net assets

  +33%

  £1,893,027 → £2,516,900

• Employees

  +23.4%

  77 → 95

• Operating profit

  +89.5%

  £474,547 → £899,237

• Profit before tax

  +154.4%

  £354,771 → £902,373

• Wages

  +19.2%

  £2,536,684 → £3,022,739

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