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RELAX TAX LIMITED Financials

Company number
06039015Copy
Copy
Registered office
5 Central Parade, Station Road, Sidcup, Kent DA15 7DH
Incorporated
02/01/2007

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

£34.25K2025
2.23%vs 2024

2024: £33.51K

Total Assets

£636.01K2025
-49.73%vs 2024

2024: £1.27M

Cash in Bank

£41.87K2024
-33.47%vs 2023

2023: £62.94K

Total Liabilities

£543.68K2025
-6.97%vs 2024

2024: £584.40K

Employees

32025
0vs 2024

2024: 3

In 2025, RELAX TAX LIMITED reported net assets of £34.25K. The same filing shows total assets of £636.01K, cash in bank of £41.87K and total liabilities of £543.68K. Reported headcount was 3 in 2025. Total Assets fell from £1.27M in 2024 to £636.01K in 2025 (-49.73%). 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

£34.25K2025
2.23%from £33.51K 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 RELAX TAX LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£32.17K2023£34.25K2025
+6.5%vs 2023

+3.2% a year compound (CAGR)

Total Assets

£685.98K2023£636.01K2025
-7.3%vs 2023

-3.7% a year compound (CAGR)

Total Liabilities

£653.81K2023£543.68K2025
-16.8%vs 2023

-8.8% a year compound (CAGR)

Employees

3202332025
0%vs 2023

Biggest increase

Net Assets+6.5%

£32.17K in 2023 to £34.25K in 2025

Biggest decrease

Total Liabilities-16.8%

£653.81K in 2023 to £543.68K in 2025

RELAX TAX 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 RELAX TAX 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
5.39%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
85.48%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
7.16%2024
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
3.31%2024
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 RELAX TAX LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£9.04K21.64K32.17K33.51K34.25K
Total Assets£29.72K44.09K685.98K1.27M636.01K
Cash in Bank£24.11K34.99K62.94K41.87K–
Total Liabilities£17.87K22.45K653.81K584.40K543.68K
Employees23333

RELAX TAX LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RELAX TAX LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

RELAX TAX LIMITED reported net assets of £34.25K for 2025. That compares with £33.51K in 2024, a change of 2.23%.

RELAX TAX LIMITED reported total assets of £636.01K for 2025. That compares with £1.27M in 2024, a change of -49.73%.

RELAX TAX LIMITED reported cash in bank of £41.87K for 2024. That compares with £62.94K in 2023, a change of -33.47%.

RELAX TAX LIMITED reported 3 employees in 2025, compared with 3 in 2024.

Between 2023 and 2025, RELAX TAX LIMITED's net assets rose by 6.5%, total assets fell by 7.3%, total liabilities fell by 16.8% and employee numbers was unchanged. Net assets compounded at 3.2% a year across the two years to 2025, from £32.17K to £34.25K. Reported headcount went from 3 in 2023 to 3 in 2025.

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.