What are dormant company accounts?

Streamlined and hassle-free, dormant company accounts offer an essential snapshot of your company's financial status, emphasizing the vital balance sheet and share capital.
With the ease of filing permitted by Companies House, you can now save significant time and costs, liberating you from the need for an accountant's assistance.

How often must dormant company accounts be filed?
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 Dormant accounts are to be filed annually. Even if your company is dormant, it remains essential to meet the requirement of submitting yearly accounts to Companies House.
How can you get started with this efficient service?
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Simply email us. Once done, expect an online questionnaire in your email inbox. Fill it out, and within a single working day of receiving the completed form, we'll ensure your dormant company accounts are filed accurately. You'll receive an email notification upon Companies House's acceptance of the accounts.

Frequently Asked Questions

​What is a dormant company?
A dormant company for the purposes of Companies House is one that has no ‘significant accounting transactions.’ If there are no significant accounting transactions in the company, then it is usually considered dormant and so is eligible to file dormant company accounts.
Companies House and HMRC have different definitions as to what is considered a dormant company. Whilst Companies House relies upon the significant accounting transaction rule, HMRC considers a company dormant when it is non-trading.

What is meant by a 'significant accounting transaction?
'A ‘significant accounting transaction’ is any transaction that needs to be entered into the company’s accounting records. For example, the payment of an invoice or interest received from a bank account. It doesn’t matter how big or small the transaction actually is.
There are, however, three specific transactions that will not count as ‘significant’:
  • Payment for shares taken by the initial shareholders on incorporation (the subscribers)
  • Any filing fees that are paid to Companies House, e.g. for a change of name or confirmation statement
  • Any penalties for the late filing of accounts
If there are no other transactions in the company aside from the three listed above, the company is usually able to submit dormant company accounts.

How long does it take to file my dormant company accounts?
Once you purchase this service, we will email you our online questionnaire to complete. When your responses to this questionnaire have been received, we will submit your dormant company accounts within one working day.
We highly recommend you order this service at least three working days prior to the deadline to submit your annual accounts.

​What companies can file dormant company accounts?
Only companies that are dormant for Companies House’s purposes are eligible to file dormant accounts. Dormant companies are defined by Companies House as those that have no ‘significant accounting transactions.’
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As a designer, I now have a London address and a limited company, formed in time for a new contract. The All Inclusive Package is probably the best on the market ”

Raymond Phillips
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