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EASY TAX SOLUTIONS LIMITED Financials

Company number
09191044Copy
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Registered office
Unit 12 Bates Industrial Estate, Church Road, Romford, Essex RM3 0HU
Incorporated
28/08/2014

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£2.35M2024
12.36%vs 2023

2023: £2.09M

Total Assets

£2.87M2024
0.99%vs 2023

2023: £2.84M

Cash in Bank

£1.70M2024
29.50%vs 2023

2023: £1.31M

Total Liabilities

£517.77K2024
-30.91%vs 2023

2023: £749.41K

Employees

72024
-3vs 2023

2023: 10

In 2024, EASY TAX SOLUTIONS LIMITED reported net assets of £2.35M. The same filing shows total assets of £2.87M, cash in bank of £1.70M and total liabilities of £517.77K. Reported headcount was 7 in 2024. Cash in Bank rose from £1.31M in 2023 to £1.70M in 2024 (29.50%). 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

£2.35M2024
12.36%from £2.09M 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 EASY TAX SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.78M2022£2.35M2024
+31.8%vs 2022

+14.8% a year compound (CAGR)

Cash in Bank

£1.01M2022£1.70M2024
+69.1%vs 2022

+30% a year compound (CAGR)

Total Assets

£2.56M2022£2.87M2024
+12.3%vs 2022

+6% a year compound (CAGR)

Total Liabilities

£765.67K2022£517.77K2024
-32.4%vs 2022

-17.8% a year compound (CAGR)

Employees

11202272024
-36.4%vs 2022-4

Biggest increase

Cash in Bank+69.1%

£1.01M in 2022 to £1.70M in 2024

Biggest decrease

Employees-36.4%

11 in 2022 to 7 in 2024

EASY TAX SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from EASY TAX SOLUTIONS 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
81.90%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
18.05%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
328.48%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
59.28%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 EASY TAX SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.54M1.78M2.09M2.35M
Total Assets£3.58M2.56M2.84M2.87M
Cash in Bank£1.57M1.01M1.31M1.70M
Total Liabilities£2.02M765.67K749.41K517.77K
Employees1211107

EASY TAX SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has EASY TAX SOLUTIONS LIMITED filed financial statements?

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

What net assets did EASY TAX SOLUTIONS LIMITED report in 2024?

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EASY TAX SOLUTIONS LIMITED reported net assets of £2.35M for 2024. That compares with £2.09M in 2023, a change of 12.36%.

What total assets did EASY TAX SOLUTIONS LIMITED report in 2024?

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EASY TAX SOLUTIONS LIMITED reported total assets of £2.87M for 2024. That compares with £2.84M in 2023, a change of 0.99%.

What cash in bank did EASY TAX SOLUTIONS LIMITED report in 2024?

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EASY TAX SOLUTIONS LIMITED reported cash in bank of £1.70M for 2024. That compares with £1.31M in 2023, a change of 29.50%.

How many people does EASY TAX SOLUTIONS LIMITED employ?

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EASY TAX SOLUTIONS LIMITED reported 7 employees in 2024, compared with 10 in 2023.

How have EASY TAX SOLUTIONS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, EASY TAX SOLUTIONS LIMITED's net assets rose by 31.8%, cash in bank rose by 69.1%, total assets rose by 12.3% and total liabilities fell by 32.4%. Net assets compounded at 14.8% a year across the two years to 2024, from £1.78M to £2.35M. Reported headcount went from 11 in 2022 to 7 in 2024 (-4).

Which years of EASY TAX SOLUTIONS LIMITED financial data are available?

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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.