Do dormant companies need to file an official statement at Companies House?

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Do dormant companies need to file an official statement at Companies House?

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A company is considered dormant if it has not done transactions within a given financial period. There are certain conditions that need to be met in order for a company to be considered dormant. You may want to consult the Companies Act 2006 in order to know the provisions and terms that dormant companies can take advantage of.

Like any other company, dormant companies are required to file dormant accounts at Companies House. A company can make use of the form provided by Companies House to prepare a Dormant Company Account if the company has not been doing significant transactions since the date of its incorporation. But if a company that is dormant at present has traded before, the form from Companies House won’t do. Instead, that company must be able to provide full Financial Statements.

If you already have a company formation package with an agency that specialises in setting up a new company, check whether they have a dormant company accounts service that you can add to your package or purchase separately.

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