Category Archives: Dormant Company

How Can I Make My Company Dormant?

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You’ve found a company name you like and so naturally you want to prevent anyone else from taking it before you’re ready to get your business up and running. This brings us to one of the most common queries we receive on customer service; “How can I make my company dormant?” Continue reading

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Setting up a business – when is the right time to do it?

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Setting up a business - when is the right time to do it?

Entrepreneurs want the ability to do business for themselves. It’s a strong impulse that many people have – but when do you actually take the plunge and form your own company? Continue reading

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Dormant company accounts & the accounting reference date: What date can you file?

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Dormant company accounts are a version of company accounts filed by companies that have never had any trading activity. A company’s first set of accounts should be filed no later than 21 months after the company was formed. Following accounts should be filed no later than 9 months from the next accounting reference date. Continue reading

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How do I renew my Companies Made Simple Service?

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How do I renew my Companies Made Simple services? Find out in this blog post.

Companies Made Simple offer a range of services that are renewable after one year:

Company Formation Packages

Privacy Package – £59.99 plus VAT

What exactly is being renewed? The Registered Office and Service address services.

Comprehensive / Ultimate Package – £99.99 plus VAT

What exactly is being renewed? The Registered Office service, Service address service, Maintenance of Statutory Books service and Annual Return service. Continue reading

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What does a Limited Company need to file with Companies House?

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The Companies House filing obligations explained

If you have formed a limited company, you have two filing obligations with Companies House; annual returns and annual accounts. Due to the wording, these two are often mistaken for each other – the aim of this post is to put an end to this confusion!

Annual Returns

The return is a yearly update with Companies House to inform them whether there have been any changes to the structure of the company. These could be changes to directors, shareholders, share structure, the nature of the business, or the registered office. Even if there have been no changes, it’s still necessary to file an annual return. The annual return is due (at the latest) 1 year and 28 days after the company is formed (but can be filed any time before, as long as the company is 1 month old) and then subsequently for each year following. Continue reading

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Video Blog: What are Dormant Company Accounts?

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In our latest video blog, Peter explains what Dormant Company Accounts are, who can file them, and what to do if you miss the deadline.

See here for more information on our own Dormant Company Accounts service.

Brought to you by Mathew Aitken at …

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What’s the difference between Annual Returns & Annual Accounts?

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For years now we’ve been banging on about the difference Annual Returns and Annual Accounts – well now we’ve made a video about it! Here’s Laura with the explanation:

See here for more information on:

Our Annual Return Services

Our Dormant Company Accounts Service

Please let us know what you think of the video via the below comments function.

Brought to you by Mathew Aitken at …

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How do I form a Dormant Company?

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First, let’s look at the Companies House definition of a dormant company:

A company is dormant if it has had no ‘significant accounting transactions’ during the accounting period. A significant accounting transaction is one which the company should enter in its accounting records.

To form a dormant company (private company limited by shares):

1. Form the company (as you normally would).
2. Roughly 3 weeks after incorporation, HMRC will send a letter to your registered office. Use this letter to find your allocated HMRC office. Write a letter to this address explaining that your company is dormant and shall remain dormant until further notice.
3. File annual returns annually (a trading company has to file these too).
4. File dormant company accounts annually (a trading company has to file these too; just not the dormant version).
5. Don’t trade!

If and when your company does start trading, let HMRC know immediately.

If you have any questions regarding this process, please let us know via the comments section below.

Brought to you by Mathew Aitken at …

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