IDAX SOLUTIONS LTD Financials
- Company number
- 08424417CopyCopy
- Registered office
- Suite 3 Middlesex House, Rutherford Close, Stevenage, Hertfordshire SG1 2EF
- Incorporated
- 28/02/2013
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
-608.99%vs 20232023: £-41.76K
Total Assets
-81.16%vs 20232023: £256.40K
Total Liabilities
15.51%vs 20232023: £294.76K
Employees
-1vs 20232023: 4
In 2024, IDAX SOLUTIONS LTD reported net assets of £-296.09K. The same filing shows total assets of £48.30K and total liabilities of £340.48K. Reported headcount was 3 in 2024. Net Assets fell from £-41.76K in 2023 to £-296.09K in 2024 (-608.99%). 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
-608.99%from £-41.76K in 2023Year-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 IDAX SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-360%vs 2022Total Assets
-91.8%vs 2022-71.4% a year compound (CAGR)
Total Liabilities
-28.1%vs 2022-15.2% a year compound (CAGR)
Employees
+50%vs 2022+1Biggest increase
Employees+50%
2 in 2022 to 3 in 2024
Biggest decrease
Net Assets-360%
£113.97K in 2022 to £-296.09K in 2024
IDAX SOLUTIONS LTD'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 IDAX SOLUTIONS 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
- -613.03%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
- 704.94%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for IDAX SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 154.72K | 113.97K | -41.76K | -296.09K |
| Total Assets£ | 576.18K | 589.52K | 256.40K | 48.30K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 418.67K | 473.45K | 294.76K | 340.48K |
| Employees | 5 | 2 | 4 | 3 |
IDAX SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for IDAX SOLUTIONS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
IDAX SOLUTIONS LTD reported net assets of £-296.09K for 2024. That compares with £-41.76K in 2023, a change of -608.99%.
IDAX SOLUTIONS LTD reported total assets of £48.30K for 2024. That compares with £256.40K in 2023, a change of -81.16%.
IDAX SOLUTIONS LTD reported total liabilities of £340.48K for 2024. That compares with £294.76K in 2023, a change of 15.51%.
IDAX SOLUTIONS LTD reported 3 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, IDAX SOLUTIONS LTD's net assets fell by 360%, total assets fell by 91.8%, total liabilities fell by 28.1% and employee numbers rose by 50%. Total assets contracted at 71.4% a year across the two years to 2024, from £589.52K to £48.30K. 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.