Late micro-entity accounts filing in Faversham

Late accounts for Faversham micro-entities

Late filing penalties for a private company start at £150 if the accounts are up to a month late, then £375 for one to three months, £750 for three to six months and £1,500 beyond six months. The penalties double if you are late two years running. They are charged to the company, and Companies House only considers an appeal for a reasonable excuse, so speed matters.

Late accounts filing for Faversham businesses: local facts

Faversham is in the Swale council area, in the South East region. In Swale, 4,760 of the 5,345 VAT- and PAYE-registered businesses in the 2026 ONS count have fewer than ten employees, around 89%. If you run a company in Faversham, you are in good company.

The largest groups of micro businesses in Swale are construction (1,045), wholesale and retail (645) and professional, scientific and technical services (615). For construction companies in Faversham, Construction Industry Scheme deductions, retentions and stage payments can distort profit, so we reconcile your CIS statements before the accounts are prepared. That puts construction at 22% of the local micro-business base.

Zooming in, the ONS neighbourhood area around Faversham (Swale 015) has 500 VAT- or PAYE-registered businesses, and 450 of them (90%) are micro businesses.

Swale ranks 747 of the 1105 areas we serve by number of micro businesses, and its micro share of 89% is in line with the 89% average across them. In wholesale and retail (645 micro businesses in Swale), closing stock and the VAT treatment of different product lines are the usual pressure points, so we value stock carefully and check your VAT records. In professional, scientific and technical services (615 micro businesses in Swale), fee income, work in progress at the year end and how directors are paid are the key decisions, so we plan these with you before the accounts are finalised.