Running your own company can be exciting but also challenging. Directors have lots of responsibilities including keeping company records up-to-date and making sure they’re filed on time.
All limited companies, whether they trade or not, must deliver annual accounts each year. This includes dormant companies.
It’s the directors’ responsibility to file a company’s accounts. You could get a criminal record, a fine or disqualification if you do not deliver your accounts on time.
Even if an accountant files your company’s accounts on your behalf, it’s still your responsibility to make sure they’re filed on time.
For further information please select the following link Companies urged to file accounts early and online to avoid penalties - GOV.UK (www.gov.uk)