What are the micro-entity accounts thresholds in the UK?

For Companies House filing, a company qualifies as a micro-entity if it meets at least 2 of 3 criteria: turnover up to £1,000,000, balance sheet total up to £500,000, and average employees up to 10.

Do I need to meet all 3 micro-entity criteria?

No. You generally need to meet at least 2 out of the 3 thresholds to qualify as a micro-entity.

If I qualify as a micro-entity, do I still need to file CT600?

Yes. Micro-entity status affects what you file with Companies House, but you still need to file your Company Tax Return (CT600) with HMRC when required.

Is my company dormant if it only has bank fees?

For Companies House purposes, bank fees are significant accounting transactions, so your company is not dormant and you may need to file micro-entity accounts instead of dormant accounts.

What is the balance sheet total threshold for micro-entities?

For Companies House filing, the micro-entity balance sheet total threshold is £500,000. This refers to total assets shown on the balance sheet (not net assets).

Micro-Entity Accounts Thresholds UK 2024/25 (Turnover, Balance Sheet, Employees)

1) Thresholds table (the 2-out-of-3 test)

Criterion	Threshold	What to use
Turnover	≤ £1,000,000	Sales/revenue for the period (not profit)
Balance sheet total	≤ £500,000	Total assets (not net assets)
Average employees	≤ 10	Average number of employees in the year

Source (Companies House filing): GOV.UK micro-entities, small and dormant companies

2) Copy-paste checklist (fast self-check)

Micro-entity eligibility checklist

My turnover is ≤ £1,000,000
My balance sheet total (total assets) is ≤ £500,000
My average employees is ≤ 10

Rule of thumb

If you tick 2 or more items above, you can usually file micro-entity accounts with Companies House.

3) What changes if you qualify?

Topic	Companies House	HMRC
Accounts format	Micro-entity accounts (simplified)	CT600 when required (tax return)
Public?	Yes (on public record)	No (tax return is not public)
Deadlines	Typically 9 months after year end	CT600 submission deadline differs from tax payment deadline

Next: Complete micro-entity accounts guide · CT600 guide · Dormant company guide

4) Next steps (choose your path)

File micro-entity accounts

Use our step-by-step filing guide and avoid the common mistakes that cause penalties.

Avoid penalties

Missed a deadline? Learn penalties and the realistic appeal options (with templates).