All limited companies by law have to keep accounting records, whether they are trading or not. So even if your company is not carrying out business, dormant accounts must be filed. The same deadlines and time limits apply for dormant accounts as they do for other Annual Accounts. If you are late being filed into Companies House, then penalties can be incurred.

Your company can only be called dormant if it has not had any significant accounting transactions during the last financial year. In that case you are able to claim exemptions from audit and only have to prepare and deliver to Companies House an abbreviated balance sheet. Financial transactions that do not affect the submitting of dormant company accounts are:

Accountant Online provides you the service for preparation of Dormant Accounts for only GBP100. This package also includes the preparation and e-filing of zero amount Corporation Tax Returns with HM Revenue and Customs (if required).