SIMPLY ACCOUNTS & TAX LIMITED Financials
- Company number
- 07485632Copy
Copy - Registered office
- Epsilon House Epsilon Terrace, West Road, Ipswich IP3 9FJ
- Incorporated
- 07/01/2011
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
3.10%vs 20242024: £73.52K
Total Assets
-31.01%vs 20242024: £256.49K
Total Liabilities
-44.71%vs 20242024: £182.97K
Employees
-1vs 20242024: 5
In 2025, SIMPLY ACCOUNTS & TAX LIMITED reported net assets of £75.79K. The same filing shows total assets of £176.96K and total liabilities of £101.16K. Reported headcount was 4 in 2025. Total Liabilities fell from £182.97K in 2024 to £101.16K in 2025 (-44.71%). 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
3.10%from £73.52K 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 SIMPLY ACCOUNTS & TAX LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+45.2%vs 2023+20.5% a year compound (CAGR)
Total Assets
+22.5%vs 2023+10.7% a year compound (CAGR)
Total Liabilities
+9.7%vs 2023+4.7% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+45.2%
£52.20K in 2023 to £75.79K in 2025
Every measure that changed in SIMPLY ACCOUNTS & TAX LIMITED's filings between 2023 and 2025 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SIMPLY ACCOUNTS & 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
- 42.83%2025
- Liabilities to total assets
- 57.17%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SIMPLY ACCOUNTS & TAX 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£ | 18.68K | 31.30K | 52.20K | 73.52K | 75.79K |
| Total Assets£ | 185.27K | 172.03K | 144.45K | 256.49K | 176.96K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 166.58K | 140.73K | 92.24K | 182.97K | 101.16K |
| Employees | 4 | 4 | 4 | 5 | 4 |
SIMPLY ACCOUNTS & TAX LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SIMPLY ACCOUNTS & TAX LIMITED filed financial statements?
Yes. Okredo holds filed figures for SIMPLY ACCOUNTS & TAX LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
What net assets did SIMPLY ACCOUNTS & TAX LIMITED report in 2025?
SIMPLY ACCOUNTS & TAX LIMITED reported net assets of £75.79K for 2025. That compares with £73.52K in 2024, a change of 3.10%.
What total assets did SIMPLY ACCOUNTS & TAX LIMITED report in 2025?
SIMPLY ACCOUNTS & TAX LIMITED reported total assets of £176.96K for 2025. That compares with £256.49K in 2024, a change of -31.01%.
What total liabilities did SIMPLY ACCOUNTS & TAX LIMITED report in 2025?
SIMPLY ACCOUNTS & TAX LIMITED reported total liabilities of £101.16K for 2025. That compares with £182.97K in 2024, a change of -44.71%.
How many people does SIMPLY ACCOUNTS & TAX LIMITED employ?
SIMPLY ACCOUNTS & TAX LIMITED reported 4 employees in 2025, compared with 5 in 2024.
How have SIMPLY ACCOUNTS & TAX LIMITED financials changed over the last 3 years?
Between 2023 and 2025, SIMPLY ACCOUNTS & TAX LIMITED's net assets rose by 45.2%, total assets rose by 22.5%, total liabilities rose by 9.7% and employee numbers was unchanged. Net assets compounded at 20.5% a year across the two years to 2025, from £52.20K to £75.79K. Reported headcount went from 4 in 2023 to 4 in 2025.
Which years of SIMPLY ACCOUNTS & TAX 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.