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MK TAX & ACCOUNTING LIMITED Financials

Company number
05944196Copy
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Registered office
The Pinnacle, 150 Midsummer Boulevard, Milton Keynes MK9 1BP
Incorporated
22/09/2006

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£77.61K2025
-70.74%vs 2024

2024: £265.22K

Total Assets

£155.95K2025
-53.03%vs 2024

2024: £332.03K

Total Liabilities

£78.34K2025
17.24%vs 2024

2024: £66.82K

Employees

32025
0vs 2024

2024: 3

In 2025, MK TAX & ACCOUNTING LIMITED reported net assets of £77.61K. The same filing shows total assets of £155.95K and total liabilities of £78.34K. Reported headcount was 3 in 2025. Net Assets fell from £265.22K in 2024 to £77.61K in 2025 (-70.74%). 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

£77.61K2025
-70.74%from £265.22K 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 MK TAX & ACCOUNTING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£223.78K2023£77.61K2025
-65.3%vs 2023

-41.1% a year compound (CAGR)

Total Assets

£285.84K2023£155.95K2025
-45.4%vs 2023

-26.1% a year compound (CAGR)

Total Liabilities

£62.06K2023£78.34K2025
+26.2%vs 2023

+12.4% a year compound (CAGR)

Employees

4202332025
-25%vs 2023-1

Biggest increase

Total Liabilities+26.2%

£62.06K in 2023 to £78.34K in 2025

Biggest decrease

Net Assets-65.3%

£223.78K in 2023 to £77.61K in 2025

MK TAX & ACCOUNTING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 MK TAX & ACCOUNTING 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
49.77%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
50.23%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 MK TAX & ACCOUNTING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£149.13K179.78K223.78K265.22K77.61K
Total Assets£207.86K247.36K285.84K332.03K155.95K
Cash in Bank£–––––
Total Liabilities£58.73K67.59K62.06K66.82K78.34K
Employees44433

MK TAX & ACCOUNTING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MK TAX & ACCOUNTING LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MK TAX & ACCOUNTING LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

What net assets did MK TAX & ACCOUNTING LIMITED report in 2025?

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MK TAX & ACCOUNTING LIMITED reported net assets of £77.61K for 2025. That compares with £265.22K in 2024, a change of -70.74%.

What total assets did MK TAX & ACCOUNTING LIMITED report in 2025?

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MK TAX & ACCOUNTING LIMITED reported total assets of £155.95K for 2025. That compares with £332.03K in 2024, a change of -53.03%.

What total liabilities did MK TAX & ACCOUNTING LIMITED report in 2025?

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MK TAX & ACCOUNTING LIMITED reported total liabilities of £78.34K for 2025. That compares with £66.82K in 2024, a change of 17.24%.

How many people does MK TAX & ACCOUNTING LIMITED employ?

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MK TAX & ACCOUNTING LIMITED reported 3 employees in 2025, compared with 3 in 2024.

How have MK TAX & ACCOUNTING LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, MK TAX & ACCOUNTING LIMITED's net assets fell by 65.3%, total assets fell by 45.4%, total liabilities rose by 26.2% and employee numbers fell by 25%. Net assets contracted at 41.1% a year across the two years to 2025, from £223.78K to £77.61K. Reported headcount went from 4 in 2023 to 3 in 2025 (-1).

Which years of MK TAX & ACCOUNTING LIMITED 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.