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FORTUNE TAX ACCOUNTANTS LTD Financials

Company number
07576674Copy
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Registered office
Derwent House, 42-46 Waterloo Road, Wolverhampton, West Midlands WV1 4XB
Incorporated
24/03/2011

Company snapshot

Status
Active
Employees
15 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£5.62K2025
-5.77%vs 2024

2024: £5.96K

Total Assets

£61.02K2025
-39.58%vs 2024

2024: £101.00K

Total Liabilities

£55.40K2025
-41.71%vs 2024

2024: £95.04K

Employees

152025
0vs 2024

2024: 15

In 2025, FORTUNE TAX ACCOUNTANTS LTD reported net assets of £5.62K. The same filing shows total assets of £61.02K and total liabilities of £55.40K. Reported headcount was 15 in 2025. Total Assets fell from £101.00K in 2024 to £61.02K in 2025 (-39.58%). Okredo holds filed figures for 2021–2025; 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

£5.62K2025
-5.77%from £5.96K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures FORTUNE TAX ACCOUNTANTS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£28.41K2023£5.62K2025
-80.2%vs 2023

-55.5% a year compound (CAGR)

Total Assets

£131.41K2023£61.02K2025
-53.6%vs 2023

-31.9% a year compound (CAGR)

Total Liabilities

£103.01K2023£55.40K2025
-46.2%vs 2023

-26.7% a year compound (CAGR)

Employees

152023152025
0%vs 2023

Biggest decrease

Net Assets-80.2%

£28.41K in 2023 to £5.62K in 2025

Every measure that changed in FORTUNE TAX ACCOUNTANTS LTD's filings between 2023 and 2025 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FORTUNE TAX ACCOUNTANTS LTD'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
9.21%2025

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
90.79%2025

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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for FORTUNE TAX ACCOUNTANTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£11.14K17.72K28.41K5.96K5.62K
Total Assets£59.40K126.36K131.41K101.00K61.02K
Cash in Bank£–––––
Total Liabilities£48.26K108.64K103.01K95.04K55.40K
Employees1010151515

FORTUNE TAX ACCOUNTANTS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has FORTUNE TAX ACCOUNTANTS LTD filed financial statements?

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Yes. Okredo holds filed figures for FORTUNE TAX ACCOUNTANTS LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

What net assets did FORTUNE TAX ACCOUNTANTS LTD report in 2025?

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FORTUNE TAX ACCOUNTANTS LTD reported net assets of £5.62K for 2025. That compares with £5.96K in 2024, a change of -5.77%.

What total assets did FORTUNE TAX ACCOUNTANTS LTD report in 2025?

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FORTUNE TAX ACCOUNTANTS LTD reported total assets of £61.02K for 2025. That compares with £101.00K in 2024, a change of -39.58%.

What total liabilities did FORTUNE TAX ACCOUNTANTS LTD report in 2025?

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FORTUNE TAX ACCOUNTANTS LTD reported total liabilities of £55.40K for 2025. That compares with £95.04K in 2024, a change of -41.71%.

How many people does FORTUNE TAX ACCOUNTANTS LTD employ?

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FORTUNE TAX ACCOUNTANTS LTD reported 15 employees in 2025, compared with 15 in 2024.

How have FORTUNE TAX ACCOUNTANTS LTD financials changed over the last 3 years?

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Between 2023 and 2025, FORTUNE TAX ACCOUNTANTS LTD's net assets fell by 80.2%, total assets fell by 53.6%, total liabilities fell by 46.2% and employee numbers was unchanged. Net assets contracted at 55.5% a year across the two years to 2025, from £28.41K to £5.62K. Reported headcount went from 15 in 2023 to 15 in 2025.

Which years of FORTUNE TAX ACCOUNTANTS LTD financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.