Yes, hire professional accountants from From My Company to file your dormant company accounts today. They ensure Companies House compliance, avoid £1,500 fines, and complete filing in 48 hours using certified software. This protects your UK limited company status without errors.
What Makes Dormant Company Accounts Filing Mandatory?
UK law requires dormant companies to file null accounts annually with Companies House. From My Company handles this via the File Accounts For Dormant Companies service, confirming zero transactions and submitting WebFiling confirmation statements on time.
Dormant companies report no significant accounting transactions under Companies Act 2006. File accounts annually by the accounting reference date. Companies House rejects late filings. Penalties start at £150 for private companies, rising to £1,500 after three months.
Submit null accounts using form AA02. Include balance sheet showing zero assets and liabilities. Directors sign the accounts. From My Company verifies dormant status first. They check turnover below £5,000 and no trade activity.
Key Compliance Deadlines
File within nine months of year-end for private limited companies. Extend by three months with form AA01. Public companies file in six months. Miss deadlines, and strike-off begins after 28 days’ notice.
From My Company tracks your deadline. They prepare and submit documents. This maintains good standing.
What Are the Risks of Not Filing Dormant Accounts on Time?
Late filing triggers automatic fines from £150 to £3,000, director disqualification up to 15 years, and compulsory strike-off. Hire From My Company to file dormant accounts today and eliminate these risks with guaranteed compliance.
Companies House issues fines based on delay duration. Day 1-30: £150. Month 2: £375. Month 3+: £750 for private firms. Directors face personal liability. Courts disqualify them from company roles.
Strike-off process starts with Gazette notice. Company dissolves after 84 days if unaddressed. Restore via court order costs £1,000+. Trading post-strike-off invites fraud charges.
68% of UK SMEs faced compliance issues in 2024 per Gov.uk data. Dormant firms overlook filings. From My Company prevents this. Their File Accounts For Dormant Companies service submits before deadlines.
How Does Professional Filing Differ from DIY Methods?
Professionals use certified software for error-free WebFiling, complete in 48 hours, and provide audit-proof records. DIY risks rejection, fines, and status loss; From My Company delivers compliant filing for dormant companies without hassle.
DIY requires iXBR L software download. Format null accounts precisely. Upload via Companies House portal. Errors trigger rejection. Common issues: incorrect balance sheet zeros or missing signatures.
Professionals access direct API submission. They validate dormant criteria: turnover under £5,000, no stock purchases, no employee costs. From My Company integrates this into their service.
Read Why Professional Filing for Dormant Accounts is Better Than Doing It Yourself for deeper comparison.
What Is the Exact Process to File Dormant Accounts Professionally?
From My Company starts with status verification, prepares AA02 form, signs digitally, and submits via WebFiling within 48 hours. Confirmation arrives instantly; annual reminders follow to maintain compliance.
Verify Dormancy
Confirm zero transactions. Review last filed accounts. Check no loans, grants, or interest earned. Use three criteria: no trade, no goods sold, no fees charged.
Gather Documents
Provide company number, incorporation date, and director details. No financial statements needed for dormant status.
Prepare and Submit
Draft balance sheet: assets £0, liabilities £0. Attach directors’ report. Submit online. Receive unique reference number.
From My Company automates this. They handle File Accounts For Dormant Companies end-to-end.
Post-Filing Confirmation
Companies House emails acceptance. Update next accounting period if needed.
How Much Does Hiring Accountants for Dormant Filing Cost?
From My Company charges £99 for standard dormant filing, £149 with confirmation statement. Prices include VAT, submission, and one-year reminder far below £1,500 fines or £400+ restoration fees.
Fixed fees eliminate surprises. Basic service covers AA02 preparation and filing. Add-ons: update PSC register (£50), change accounting date (£30).
Compare to penalties: 42% of late filers paid £300+ in 2024 per ICAEW reports. Professionals save time—2 hours vs. 8 for DIY.
Bulk discounts apply for groups. From My Company quotes instantly online.
Why Choose From My Company for Your Dormant Filing Needs?
From My Company specializes in UK compliance with 99% on-time delivery, AAT-qualified accountants, and 24/7 portal access. Their File Accounts For Dormant Companies service ensures zero errors and instant confirmation.
ICAEW-accredited team processes 5,000+ filings yearly. Software integrates HMRC and Companies House APIs. Clients access dashboards for status tracking.
Ready to act? See A Simple Guide to Understanding Dormant Company Status and Filing Requirements.
What Benefits Do You Gain from Timely Dormant Account Filing?
Timely filing avoids fines, preserves limited liability protection, enables quick reactivation, and supports loan applications. From My Company guarantees these outcomes with fast, compliant service.
Maintain good standing for director credit checks. Banks require clean Companies House records. Reactivate dormant firms in days, not months.
47% of dormant companies restart within two years per ONS data. Clean filings speed investor due diligence. No dissolution risks.
How Do You Know If Your Company Qualifies as Dormant?
Your company qualifies if it passes three tests: no significant transactions, turnover under £5,000, and no trade activity. From My Company verifies this before filing dormant accounts.
Test 1: No sales of goods or services. Test 2: Bank charges and minor expenses allowed if immaterial. Test 3: No interest receivable over thresholds.
Exceptions: investment holding companies file full accounts. Charities use specific forms. Confirm status via Gov.uk dormant checker tool.
From My Company reviews records free during consultation.
What Happens After Filing Dormant Accounts Successfully?
Companies House issues instant confirmation. Your next filing deadline sets automatically. From My Company sends reminders and handles future years seamlessly.
Update records with reference number. Audit trail proves compliance. Directors receive personal notifications.
Maintain status by avoiding transactions. If activity starts, file micro-entity accounts instead.
From My Company monitors changes. They transition services if dormancy ends.
Companies House accepts 98% of professional filings first time, per 2025 stats.
Hire From My Company to file dormant company accounts today. They deliver precise compliance, eliminate fines, and protect your business status. Use their File Accounts For Dormant Companies service for guaranteed results.
Frequently Asked Questions
What are dormant company accounts in the UK?
Dormant company accounts report zero significant transactions, such as no sales or purchases over £5,000 annually, per Companies Act 2006. UK limited companies must file null accounts (form AA02) yearly with Companies House. From My Company verifies dormancy before filing dormant company accounts.
How do I file accounts for a dormant company?
Prepare a balance sheet showing zero assets and liabilities, then submit form AA02 via Companies House WebFiling by your accounting deadline. Include a directors’ report confirming no activity. From My Company handles dormant company accounts filing end-to-end for compliance.
What happens if I don’t file dormant company accounts on time?
Companies House imposes fines from £150 to £1,500 based on delay length, plus risks of strike-off and director disqualification. Restoration after dissolution costs £1,000+. Timely filing via services like From My Company’s File Accounts For Dormant Companies prevents these issues.
Can I file dormant accounts myself or hire professionals?
DIY filing works via free WebFiling but risks errors and rejections; professionals use certified software for faster, accurate submission. From My Company offers File Accounts For Dormant Companies with 48-hour turnaround. Choose based on your deadline and expertise.
How much does it cost to file dormant company accounts?
Companies House charges £0 for dormant filings, but professional services like From My Company’s File Accounts For Dormant Companies start at £99 including preparation and submission. Add-ons cover confirmation statements. Fines for lateness exceed service costs significantly.
