Dormant Company Accounts

Home / Dormant Accounts

Updated on : 16-Dec-2024   02:55 PM GMT | 4 min read

File Dormant accounts with Companies house in UK

Your company is called dormant account by Companies House if it’s had no ‘significant’ transactions in the financial year.

As you know, it is mandatory for all the limited companies to file annual accounts to Companies House. A dormant company also need to file full financial statements to Companies House annually just like any other company. Dormant accounts are prepared by the company in case company has been dormant from the date of incorporation whereas if the company has traded before but the current status of the company is dormant; you need to prepare full financial statements and submit it to the Companies House. Dormant companies are exempt from audit.

If you're filing your first dormant accounts, it must be submitted within 21 months from the date of incorporation. Then, you are required to file your accounts every 9 months from your accounting reference date (ARD).

Need of Filing Dormant Accounts

If your current status is dormant, still you need to file financial statements in order to keep your company active on Companies House register. It must be filed on time to Companies House otherwise you have to face hefty fines & penalties.

FinacBooks not only helps you in filing dormant accounts but also save your money from fines & penalties and reduce your high accountancy costs.

Why choose us?

1. Over 10 years of experience
2. Experienced and dedicated Professionals
3. Filing of dormant accounts on your behalf
4. Reduce the risk of fines & penalties.
5. Dealing with Companies House

FinacBooksguide to file dormant accounts to Companies house?

FinacBooks is a leading UK portal providing accounting, finance & taxation services to freelancers, contractors, consultants and small businesses. We are having more than 10 years of experience helping businesses in filing dormant accounts to Companies House. We will guide you through the entire process of filing dormant accounts. To avail the best deals on filing dormant accounts, kindly call us at 03300886645 or you can also e-mail us at business@finacbooks.com.