Dormant Accounts

Starting from £69.99.

Dormant Accounts Filling AA02 Xact+
Dormant Accounts2024-06-14T10:11:58+01:00

Standard Service

£6999Annually
  • Process Time 4-6 Working Days
  • Priority 24/7 Support

Express Service

£9999Annually
  • Process Time 1-2 Working Days
  • Priority 24/7 Support

Frequently Asked Questions:

What does it mean by dormant accounts?2024-05-09T21:06:47+01:00

Companies holding dormant status are only required to submit a simplified form of accounts to Companies House. These simplified accounts, known as dormant company accounts, offer a significant advantage by alleviating the statutory obligation to file profit and loss accounts along with a director’s report.

What information is required to file dormant accounts?2024-05-09T21:23:11+01:00

we’ll need your company name and number, webfiling authentication code, details on shares paid or unpaid, and the name of at least one director.

How often do we need to file accounts?2024-05-09T21:08:44+01:00

Accounts must be filed with Companies House at least once every 12 months.

What does it mean by a dormant company?2024-05-09T21:00:51+01:00

A dormant company refers to a newly established company that hasn’t commenced trading yet or an existing company that hasn’t engaged in any trading activities within the current financial year. This means it has had “no significant accounting transactions” during that period.

What are significant accounting transactions?2024-05-09T21:04:34+01:00

A company can be classified as dormant if it hasn’t engaged in any significant accounting transactions during the financial year. However, if it has carried out activities such as settling invoices, paying bank charges or interest, compensating employees, or distributing dividends to shareholders, it will lose its dormant status.

There are exceptions to this rule. Activities such as payment for shares issued during incorporation, late filing penalties, and filing fees paid to Companies House are excluded from counting as significant accounting transactions.

How much it will take to file accounts?2024-05-09T21:25:28+01:00

With our Express Service, we can prepare and file dormant company accounts with Companies House within 24 hours (1 working day), provided we receive all the necessary information.

Alternatively, our Standard Service typically takes up to 6 working days for the same process, again contingent upon receiving all required details.

To ensure timely filing, we advise ordering the service at least 5 working days before the due date.

Please be aware that we cannot be held responsible for any late filing penalties or fines resulting from delayed orders or incomplete information.

“Happy with their service; value for money. Their service was fast, as said on their site. I’ve taken dormant accounts filling services and received what I’ve asked. I’ve also received the submitted documents through e-mail. I do recommend them.”

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