Dormant Company Accounts Guide UK 2024
Even if your company is dormant, you still have legal obligations. Learn what you need to file and how to stay compliant with Companies House and HMRC.
In This Guide
1. What is a Dormant Company?
A dormant company is one that has had no significant accounting transactions during a financial period. The definition differs slightly between Companies House and HMRC.
Transactions That Do Not Count
- - Payment for shares on formation
- - Companies House filing fees
- - Companies House late filing penalties
Transactions That DO Count
- - Bank charges and interest
- - Professional services (accountant fees)
- - Any trading activity
- - Receiving income
2. Companies House vs HMRC Definitions
A company can be dormant for one body but not the other.
| Criterion | Companies House | HMRC |
|---|---|---|
| Definition | No significant accounting transactions | Not trading, no income |
| Bank fees impact | Company NOT dormant | Still dormant |
| Filing required? | Yes - dormant accounts | Can request exemption |
Important
If your dormant company has a business bank account with ANY transactions (even just bank fees), it is not dormant for Companies House purposes. You will need to file micro-entity accounts instead.
3. Filing Requirements
Companies House Requirements
Dormant companies must still file:
- Dormant accounts - within 9 months of year end
- Confirmation statement - annual, 13 GBP online
4. Common Mistakes to Avoid
Thinking no filing is required
Dormant companies must still file accounts and confirmation statements.
Confusing CH and HMRC dormancy
Your company may be dormant for one but not the other.
Forgetting bank fees count
Bank charges mean you are not dormant for Companies House.