How It Works
Click on 'Get Now', enter the necessary order form details, proceed to checkout, and complete payment.
Answer the simple questions sent to your email by our accountants.
We will file your dormant accounts and send you a notification once Companies House accepts them.
For companies that have never traded, we will prepare and file dormant accounts within two business days; However, if your company has previously traded and is now dormant, the process may take a day or longer, so we advise contacting us 5-7 business days before the due date.
Don’t just take our word for it, checkout our verified
reviews live on Trustpilot
Is your company eligible for Dormancy?
We can provide free qualified guidance to help get you started with your business needs.
Let us file your dormant company accounts with Companies House in just two business days.
File TodayGauranteed safe and secure checkout
Your Dormant Accounts are in Expert Hands
We are UK's top rated company formation agents. Work with us. Leverage over 100 years of combined experience in company formation, and take the hassle out of setting up your business.
By working with us, be confident that your satisfaction is our top priority. We are committed to providing you with; the best service, up-to-date information and user-friendly company management tools, making your experience seamless and pleasant. 99% of our clients rate our service as “Great” and “Excellent” on Trustpilot.
We prioritise the privacy and security of your sensitive information, including payment details and company and personal information. We designed our system with the utmost care and diligence, integrating measures to keep your data safe and confidential.
Plans start at £2.48 + filing fees
7,000+ 5 Star Reviews
A dormant company has had no significant accounting transactions during the previous financial year and is not actively trading.
A significant accounting transaction is any expense or income that indicates meaningful business activity. Examples include paying directors or purchasing assets to generate profits. However, fees related to maintaining your dormant status, such as Companies House filing fees or professional fees for such filings, are not considered significant accounting transactions.
Making your company dormant requires careful planning and time. To submit dormant statements and stop filing tax returns, your company must have been in the following state for at least one financial year:
Dormant limited companies must file annual accounts and Companies House confirmation statements. To qualify for dormancy, your company must have either never started trading, or you must ensure that all operations have ceased and there have been no significant accounting transactions. Once your business is dormant, you must not pay corporation tax or file another company tax return with the tax authority.
Because your company is not actively trading, Companies House only requires a snapshot of your status. So you need to provide information about your previous year as follows —
Remember, the company director must file annual accounts and send Companies House confirmation statements every year, even if they no longer intend to continue any kind of business activity or receive any income.
We can prepare and file accounts within two working days for never traded companies. Previously traded but now dormant companies may take longer, so we advise contacting us 5-7 working days before the due date.
We charge £88 for our comprehensive service, which includes preparing and filing the necessary documents with Companies House to ensure your dormant business complies with all legal requirements. This fee covers our expertise and the administrative work in accurately managing your dormant accounts.
Failure to file dormant accounts on time can result in significant late filing penalties from Companies House, including fines of up to £5,000. Additionally, your company may be struck off the register. Beyond the financial penalties, the directors' reputations may also be adversely affected, potentially leading to further legal consequences and difficulties in future business endeavours.
Instead of filing late, directors responsible for running the company and making sure all legal requirements are fulfilled can choose to close their company using the new Companies House online service and restore it in the future as needed.
A dormant venture can still hold assets, but these assets must not generate significant accounting transactions, meaning there should be no present income. For instance, if you own intellectual property that earns royalties, it would violate the dormant status. However, an inactive company can hold land for future prospecting purposes or other assets that do not produce income or incur expenses that would disqualify the company from being considered dormant.
If you want to discuss the suitability of dormancy for your situation, please contact us. Call us at +44 (0) 207 689 7888 or Email us at info@yourcompanyformations.co.ukYes, and the company does not need to tell Companies House it is active; however, it must inform HMRC within 3 months. If the company has never traded, it may not have a Company UTR number and must register for Corporation Tax. Additionally, the venture must pay and submit corporation tax and company tax returns, respectively. The next set of non-dormant accounts you file will show the Registrar that your company is no longer dormant.
A dormant company has no significant accounting transactions, while a non-trading company may still have some financial activities but is not engaged in active business operations. Both types of companies must file a confirmation statement and annual accounts with Companies House. A dormant company does not need to submit tax returns if they’ve told HMRC their company is dormant unless it gets notice to deliver a Company Tax Return. However, a non-trading company must file tax returns at least once every five years.