File a Dormant Company Account

What is a Dormant Company Account?

A dormant company account refers to the financial statements submitted to Companies House by a company that has had no significant accounting transactions during a financial year. Dormant company accounts are simpler than regular company accounts because there are no transactions to report other than those necessary to maintain the company’s legal status

Key Characteristics of a Dormant Company

1. No Significant Transaction

A dormant company must have no significant accounting transactions during its financial year. Significant transactions include any transaction that impacts the company's financial position, such as sales, purchases, salaries, or interest payments.

The only allowable transactions for a dormant include:
  1. filing fees paid to Companies House.
  2. Payment for shares by the subscribers to the memorandum of association
  3. Penalties for late filing of accounts.
2. Maintaining Legal Status

A dormant company still needs to meet certain statutory obligations to maintain its legal status, such as filing annual confirmation statements and maintaining a registered office address.

How does it work?

  1. Place an order for dormant company account filing
  2. We Prepare your company account consisting of a balance sheet and any necessary notes which typically includes entries like "called up share capital not paid."
  3. We file the dormant company accounts with Companies House
Please Note

If your company was not incorporated with our service you just need to provide a few details about your company.

Dormant Company Account Filing Service

We will file your company dormant accounts. This includes everything needed for the filing .

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Dormant Company Account Filing Service
Express

We will file your Limited company dormant company accounts in 24 hours. This includes everything needed for the filing.

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FAQs on Dormant Company Accounts

When do dormant company accounts need to be filed? +

Dormant company accounts must be filed within nine months of the company’s financial year-end. For example, if the financial year ends on 31st December, the accounts must be filed by 30th September of the following year.

Can a dormant company have any transactions? +
  • Filing fees paid to Companies House.
  • Payment for shares by the initial subscribers to the memorandum of association.
  • Penalties for late filing of accounts.
What are the consequences of not filing dormant company accounts on time? +

Failing to file dormant company accounts on time can result in penalties and the company being struck off the Companies House register. Penalties increase the longer the accounts are overdue.

Can a dormant company start trading again? +

Yes, a dormant company can start trading again at any time. Once the company begins trading, it will no longer be considered dormant and must file full statutory accounts reflecting its trading activities.

Do dormant companies need to file a confirmation statement? +

Yes, dormant companies are required to file a confirmation statement at least once a year. The confirmation statement ensures that the company’s details held by Companies House are up to date.

Do dormant companies need to file tax returns? +

Dormant companies must inform HM Revenue and Customs (HMRC) of their dormant status. If a company is dormant for corporation tax purposes, it may not need to file tax returns. However, if the company becomes active, it must resume filing tax returns.

What are the benefits of keeping a company dormant? +
  • Securing a business name for future use.
  • Simplifying compliance and reporting requirements.
  • Preparing for future business activities without the immediate need for active trading.
Can a company be dormant and still have directors and shareholders? +

Yes, a dormant company can have directors and shareholders. The status of being dormant refers to the lack of significant financial transactions, not the presence of directors or shareholders.