OTAX LIMITED Financials
- Company number
- 04693266Copy
Copy - Registered office
- 39 Saint Marks Road, Millfield Sunderland, Tyne & Wear SR4 7EF
- Incorporated
- 11/03/2003
Company snapshot
- Status
- Active
- Employees
- 10 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
4.58%vs 20242024: £281.68K
Total Assets
3.43%vs 20242024: £540.25K
Cash in Bank
21.73%vs 20242024: £168.70K
Total Liabilities
5.52%vs 20242024: £99.32K
Employees
0vs 20242024: 10
In 2025, OTAX LIMITED reported net assets of £294.59K. The same filing shows total assets of £558.77K, cash in bank of £205.36K and total liabilities of £104.80K. Reported headcount was 10 in 2025. Cash in Bank rose from £168.70K in 2024 to £205.36K in 2025 (21.73%). 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
4.58%from £281.68K in 2024Year-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 OTAX LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-14.7%vs 2023-7.7% a year compound (CAGR)
Cash in Bank
+37.2%vs 2023+17.1% a year compound (CAGR)
Total Assets
+4.1%vs 2023+2% a year compound (CAGR)
Total Liabilities
+218%vs 2023+78.2% a year compound (CAGR)
Employees
-37.5%vs 2023-6Biggest increase
Total Liabilities+218%
£32.99K in 2023 to £104.80K in 2025
Biggest decrease
Employees-37.5%
16 in 2023 to 10 in 2025
OTAX 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from OTAX 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
- 52.72%2025
- Liabilities to total assets
- 18.76%2025
- Cash to liabilities
- 195.96%2025
- Cash to total assets
- 36.75%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.
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 OTAX LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 332.25K | 336.16K | 345.56K | 281.68K | 294.59K |
| Total Assets£ | 607.15K | 565.47K | 536.66K | 540.25K | 558.77K |
| Cash in Bank£ | 151.77K | 150.48K | 149.70K | 168.70K | 205.36K |
| Total Liabilities£ | 116.52K | 71.50K | 32.99K | 99.32K | 104.80K |
| Employees | 17 | 15 | 16 | 10 | 10 |
OTAX LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has OTAX LIMITED filed financial statements?
Yes. Okredo holds filed figures for OTAX LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did OTAX LIMITED report in 2025?
OTAX LIMITED reported net assets of £294.59K for 2025. That compares with £281.68K in 2024, a change of 4.58%.
What total assets did OTAX LIMITED report in 2025?
OTAX LIMITED reported total assets of £558.77K for 2025. That compares with £540.25K in 2024, a change of 3.43%.
What cash in bank did OTAX LIMITED report in 2025?
OTAX LIMITED reported cash in bank of £205.36K for 2025. That compares with £168.70K in 2024, a change of 21.73%.
How many people does OTAX LIMITED employ?
OTAX LIMITED reported 10 employees in 2025, compared with 10 in 2024.
How have OTAX LIMITED financials changed over the last 3 years?
Between 2023 and 2025, OTAX LIMITED's net assets fell by 14.7%, cash in bank rose by 37.2%, total assets rose by 4.1% and total liabilities rose by 218%. Net assets contracted at 7.7% a year across the two years to 2025, from £345.56K to £294.59K. Reported headcount went from 16 in 2023 to 10 in 2025 (-6).
Which years of OTAX LIMITED financial data are available?
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.