Dormant Accounts
Dormant accounts are simplified annual financial statements filed with Companies House for limited companies that have not traded or had any financial activity during the accounting period. They confirm that your company remains legally registered but inactive - ensuring you stay compliant without having to file full accounts.
What is Dormant Company?
If your company has stopped trading or hasn’t yet started, you still need to tell Companies House that it’s dormant by filing Dormant Company Accounts each year. These filings keep your company legally active while confirming that there has been no financial activity.
A dormant company is one that has had no significant accounting transactions during the financial year. In practice, this means the business hasn’t bought or sold goods or services, paid salaries, or earned income. The only allowable transactions are minimal ones, such as paying the Companies House filing fee or basic accountancy costs.
Filing dormant accounts ensures your company remains in good standing without attracting late filing penalties or being struck off. It’s often used when a business has paused operations but intends to resume later, or when a director wants to secure a company name for future use. Dormant accounts are also common for holding companies or property SPVs that are not yet trading.
Easy Reactivation
When you’re ready to start trading again, we’ll switch your company back to “active” status, and resume your accounting.
Maintain Compliance
Your company remains fully compliant and penalty-free while inactive, keeping your registration secure for future use.
Save Time
Skip the stress and let us take care of the details, so you can focus on running your business or enjoying your free time.
24/7 Support
You’ll have direct access to your accountant whenever you need help or clarification.
