All limited companies, whether they trade or not, must deliver accounts to Companies House each year. This includes dormant companies.
It’s the directors’ responsibility to file their company’s accounts, and make sure they’re filed on time. It’s important to understand your role and how late filing could affect your company.
Missing your filing deadline could affect your credit score or access to finance. It can affect how others view your company and whether they want to do business with you. There are also financial penalties and legal consequences – you could get a criminal record, a fine or disqualification.
If you employ an accountant to file your company’s accounts, it’s still your responsibility, as director, to make sure they’re filed on time.
For further information please select the following link: File your accounts early this December to avoid a penalty - GOV.UK