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DIGITAX LONDON LIMITED Financials

Company number
08264917Copy
Copy
Registered office
11 Applegarth Drive Questor, Dartford, Kent DA1 1JD
Incorporated
23/10/2012

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-224.09K2024
-41.84%vs 2023

2023: £-157.99K

Total Assets

£471.64K2024
-17.97%vs 2023

2023: £574.97K

Cash in Bank

£24.57K2024
31.21%vs 2023

2023: £18.73K

Total Liabilities

£695.74K2024
-5.08%vs 2023

2023: £732.96K

Employees

32024
-1vs 2023

2023: 4

In 2024, DIGITAX LONDON LIMITED reported net assets of £-224.09K. The same filing shows total assets of £471.64K, cash in bank of £24.57K and total liabilities of £695.74K. Reported headcount was 3 in 2024. Total Assets fell from £574.97K in 2023 to £471.64K in 2024 (-17.97%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£-224.09K2024
-41.84%from £-157.99K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures DIGITAX LONDON LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£6.65K2022£-224.09K2024
-3472%vs 2022

Cash in Bank

£18.07K2022£24.57K2024
+36%vs 2022

+16.6% a year compound (CAGR)

Total Assets

£1.36M2022£471.64K2024
-65.3%vs 2022

-41.1% a year compound (CAGR)

Total Liabilities

£684.33K2022£695.74K2024
+1.7%vs 2022

+0.8% a year compound (CAGR)

Employees

2202232024
+50%vs 2022+1

Biggest increase

Employees+50%

2 in 2022 to 3 in 2024

Biggest decrease

Net Assets-3472%

£6.65K in 2022 to £-224.09K in 2024

DIGITAX LONDON LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from DIGITAX LONDON LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
-47.51%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
147.51%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
3.53%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
5.21%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for DIGITAX LONDON LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£5.91K6.65K-157.99K-224.09K
Total Assets£1.62M1.36M574.97K471.64K
Cash in Bank£31.94K18.07K18.73K24.57K
Total Liabilities£823.37K684.33K732.96K695.74K
Employees3243

DIGITAX LONDON LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for DIGITAX LONDON LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

DIGITAX LONDON LIMITED reported net assets of £-224.09K for 2024. That compares with £-157.99K in 2023, a change of -41.84%.

DIGITAX LONDON LIMITED reported total assets of £471.64K for 2024. That compares with £574.97K in 2023, a change of -17.97%.

DIGITAX LONDON LIMITED reported cash in bank of £24.57K for 2024. That compares with £18.73K in 2023, a change of 31.21%.

DIGITAX LONDON LIMITED reported 3 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, DIGITAX LONDON LIMITED's net assets fell by 3472%, cash in bank rose by 36%, total assets fell by 65.3% and total liabilities rose by 1.7%. Cash in bank compounded at 16.6% a year across the two years to 2024, from £18.07K to £24.57K. Reported headcount went from 2 in 2022 to 3 in 2024 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.