MOMENTUM TAXATION AND ACCOUNTANCY LTD Financials
- Company number
- 05772721Copy
Copy - Registered office
- Harelands Courtyard Offices Moor Road, Melsonby, Richmond, North Yorkshire DL10 5NY
- Incorporated
- 06/04/2006
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
0.84%vs 20232023: £320.21K
Total Assets
3.83%vs 20232023: £728.69K
Cash in Bank
166.27%vs 20232023: £30.67K
Total Liabilities
6.17%vs 20232023: £408.48K
Employees
0vs 20232023: 16
In 2024, MOMENTUM TAXATION AND ACCOUNTANCY LTD reported net assets of £322.89K. The same filing shows total assets of £756.59K, cash in bank of £81.67K and total liabilities of £433.70K. Reported headcount was 16 in 2024. Cash in Bank rose from £30.67K in 2023 to £81.67K in 2024 (166.27%). 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
0.84%from £320.21K 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 MOMENTUM TAXATION AND ACCOUNTANCY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+8.5%vs 2022+4.2% a year compound (CAGR)
Cash in Bank
+313%vs 2022+103% a year compound (CAGR)
Total Assets
+7.7%vs 2022+3.8% a year compound (CAGR)
Total Liabilities
+7%vs 2022+3.5% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+313%
£19.80K in 2022 to £81.67K in 2024
Every measure that changed in MOMENTUM TAXATION AND ACCOUNTANCY LTD's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MOMENTUM TAXATION AND ACCOUNTANCY 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
- 42.68%2024
- Liabilities to total assets
- 57.32%2024
- Cash to liabilities
- 18.83%2024
- Cash to total assets
- 10.79%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MOMENTUM TAXATION AND ACCOUNTANCY 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£ | 330.68K | 297.50K | 320.21K | 322.89K |
| Total Assets£ | 814.74K | 702.66K | 728.69K | 756.59K |
| Cash in Bank£ | 167.48K | 19.80K | 30.67K | 81.67K |
| Total Liabilities£ | 484.06K | 405.16K | 408.48K | 433.70K |
| Employees | 16 | 16 | 16 | 16 |
MOMENTUM TAXATION AND ACCOUNTANCY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has MOMENTUM TAXATION AND ACCOUNTANCY LTD filed financial statements?
Yes. Okredo holds filed figures for MOMENTUM TAXATION AND ACCOUNTANCY LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MOMENTUM TAXATION AND ACCOUNTANCY LTD report in 2024?
MOMENTUM TAXATION AND ACCOUNTANCY LTD reported net assets of £322.89K for 2024. That compares with £320.21K in 2023, a change of 0.84%.
What total assets did MOMENTUM TAXATION AND ACCOUNTANCY LTD report in 2024?
MOMENTUM TAXATION AND ACCOUNTANCY LTD reported total assets of £756.59K for 2024. That compares with £728.69K in 2023, a change of 3.83%.
What cash in bank did MOMENTUM TAXATION AND ACCOUNTANCY LTD report in 2024?
MOMENTUM TAXATION AND ACCOUNTANCY LTD reported cash in bank of £81.67K for 2024. That compares with £30.67K in 2023, a change of 166.27%.
How many people does MOMENTUM TAXATION AND ACCOUNTANCY LTD employ?
MOMENTUM TAXATION AND ACCOUNTANCY LTD reported 16 employees in 2024, compared with 16 in 2023.
How have MOMENTUM TAXATION AND ACCOUNTANCY LTD financials changed over the last 3 years?
Between 2022 and 2024, MOMENTUM TAXATION AND ACCOUNTANCY LTD's net assets rose by 8.5%, cash in bank rose by 313%, total assets rose by 7.7% and total liabilities rose by 7%. Net assets compounded at 4.2% a year across the two years to 2024, from £297.50K to £322.89K. Reported headcount went from 16 in 2022 to 16 in 2024.
Which years of MOMENTUM TAXATION AND ACCOUNTANCY LTD financial data are available?
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.