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MSC R&D TAX SERVICES LIMITED Financials

Company number
04418978Copy
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Registered office
No 1 Velocity, 2 Tenter Street, Sheffield S1 4BY
Incorporated
17/04/2002

Company snapshot

Status
Active
Employees
15 (2025)
Latest financial data
2025
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£1.32M2025
34.28%vs 2024

2024: £983.57K

Total Assets

£1.87M2025
21.78%vs 2024

2024: £1.54M

Cash in Bank

£697.10K2023
First reported year

Total Liabilities

£550.59K2025
-0.44%vs 2024

2024: £553.02K

Employees

152025
+2vs 2024

2024: 13

In 2025, MSC R&D TAX SERVICES LIMITED reported net assets of £1.32M. The same filing shows total assets of £1.87M, cash in bank of £697.10K and total liabilities of £550.59K. Reported headcount was 15 in 2025. Net Assets rose from £983.57K in 2024 to £1.32M in 2025 (34.28%). 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

£1.32M2025
34.28%from £983.57K 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 MSC R&D TAX SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£584.28K2023£1.32M2025
+126%vs 2023

+50.3% a year compound (CAGR)

Total Assets

£1.19M2023£1.87M2025
+57%vs 2023

+25.3% a year compound (CAGR)

Total Liabilities

£607.70K2023£550.59K2025
-9.4%vs 2023

-4.8% a year compound (CAGR)

Employees

152023152025
0%vs 2023

Biggest increase

Net Assets+126%

£584.28K in 2023 to £1.32M in 2025

Biggest decrease

Total Liabilities-9.4%

£607.70K in 2023 to £550.59K in 2025

MSC R&D TAX SERVICES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MSC R&D TAX SERVICES 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
70.58%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
29.42%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.

Cash to liabilities
114.71%2023

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
58.48%2023

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 MSC R&D TAX SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£2.002.00584.28K983.57K1.32M
Total Assets£–2.001.19M1.54M1.87M
Cash in Bank£––697.10K––
Total Liabilities£–0.00607.70K553.02K550.59K
Employees–2151315

MSC R&D TAX SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MSC R&D TAX SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MSC R&D TAX SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did MSC R&D TAX SERVICES LIMITED report in 2025?

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MSC R&D TAX SERVICES LIMITED reported net assets of £1.32M for 2025. That compares with £983.57K in 2024, a change of 34.28%.

What total assets did MSC R&D TAX SERVICES LIMITED report in 2025?

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MSC R&D TAX SERVICES LIMITED reported total assets of £1.87M for 2025. That compares with £1.54M in 2024, a change of 21.78%.

What cash in bank did MSC R&D TAX SERVICES LIMITED report in 2023?

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MSC R&D TAX SERVICES LIMITED reported cash in bank of £697.10K for 2023. There is no earlier filing to compare it against.

How many people does MSC R&D TAX SERVICES LIMITED employ?

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MSC R&D TAX SERVICES LIMITED reported 15 employees in 2025, compared with 13 in 2024.

How have MSC R&D TAX SERVICES LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, MSC R&D TAX SERVICES LIMITED's net assets rose by 126%, total assets rose by 57%, total liabilities fell by 9.4% and employee numbers was unchanged. Net assets compounded at 50.3% a year across the two years to 2025, from £584.28K to £1.32M. Reported headcount went from 15 in 2023 to 15 in 2025.

Which years of MSC R&D TAX SERVICES 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.