DORMANT COMPANY ACCOUNTS

Every company is required by law to complete and file annual company accounts in a format that is acceptable to Companies House. Even companies that have not traded must still file a company balance sheet. Limited companies and limited liability partnerships must file accounts within 9 months from their financial year end and PLC companies must file accounts within 6 months from their financial year end. There are automatic penalties for the late filing of accounts, directors can be prosecuted and companies can be dissolved.

Late filing penalties have now been increased for a private limited company accounts filed not more than 1 month late the penalty is £150.00, more than 1 month but not more than 3 months late the penalty is £375.00, more than 3 months but not more than 6 months late the penalty is £750.00 and more than 6 months late the penalty is £1500.00. Penalties for PLC companies are higher and if accounts are filed late for 2 consecutive years the penalty is doubled.

If your company has traded we suggest that you contact a reputable firm of Chartered Accountants to prepare and file your accounts. If your company has not traded we can prepare and file dormant company accounts on your behalf for a charge of £30.00. Click here to order this service.

Please note that we do not file accounts for companies that have previously traded but we will make a charge to cover our time if an order is placed.