You can’t use our dormant company accounts service if…

We offer a dormant company accounts service that sees us prepare and file dormant company accounts with Companies House on behalf of your company. However, there are some scenarios when a company can’t utilise this service. You can’t use our dormant company accounts service if…

• Your company is not dormant. What is a dormant company? Companies House say “A company is dormant if it has had no “significant accounting transactions” during the accounting period. A “significant accounting transaction” is one which the company should enter in its accounting records. The amount paid for shares on the formation of a company and a few costs that the company may incur in order to keep the company registered at Companies House do not count as significant accounting transactions”

• Your company has ever traded, even in a previous financial year

• Your company has filed a “SH01 – Return of allotment of shares” document with Companies House

For more information on our service see here:

Dormant Company Accounts

This post was brought to you by Mathew Aitken at Companies Made Simple – The Simplest Company Formation Service

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