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Micro-entity eligibility calculator
Check in seconds whether your company can file micro-entity accounts.
At a glance
- Turnover up to £1 million
- Balance sheet total up to £500,000
- Up to 10 employees
- You need to meet any 2 of the 3
Check your company
Enter your figures for the financial year.
How to use the calculator
Enter your company’s turnover, balance sheet total and average number of employees for the financial year you are filing. Then press the button. The calculator counts how many of the three limits you meet and tells you whether that is enough.
You do not need to be exact. A close figure from your bank statements or draft accounts is fine for a quick check. If a number is near a limit, speak to us and we will confirm it properly.
The three limits explained
- Turnover of £1 million or less. Turnover is the money your company earns from selling goods or services in the year, before VAT.
- Balance sheet total of £500,000 or less. This is the value of everything the company owns, such as cash, equipment, stock and money owed to it, before deducting what it owes.
- 10 employees or fewer. This is the average number of people employed over the year. A company with only a director and no staff has none.
You only need to meet two of the three. For example, a company with £800,000 turnover and 4 employees qualifies even if its balance sheet is larger than £500,000.
What your result means
If the calculator says you appear to qualify, you can file micro-entity accounts under FRS 105, which are the shortest and quickest set of accounts. They are filed at Companies House, and you still file a Company Tax Return with HMRC.
If the calculator says you do not qualify, your company may be a small company instead and would file a fuller set of accounts. Read our micro-entity vs small company guide to see how the two differ.
When the calculator is not enough
The calculator tests size only. Some types of company cannot use micro-entity rules at all, and the right accounts can also depend on how your company is set up. That is why we always confirm your eligibility before we prepare your accounts.
If you are unsure, order our micro-entity accounts service. If your company turns out not to qualify, we tell you and explain what you need instead.
What to do next
Once you know you qualify, check your filing dates with the deadline calculator. Your accounts are due at Companies House 9 months after the financial year end, and your first accounts 21 months after the company was registered.
Related services and tools
Next steps for your company.
Micro-entity accounts
FRS 105 accounts and your tax return, filed for you.
£399 + VAT up to £100K turnover
What is a micro-entity company?
A plain English definition and the rules.
Guide read in minutes
Micro-entity vs small company
How the two accounts types differ.
Guide read in minutes
Eligibility FAQs
Straight answers to common questions.
What are the micro-entity limits?
Turnover of £1 million or less, a balance sheet total of £500,000 or less, and 10 employees or fewer. You must meet at least two of the three.
Do I need to meet all three limits?
No. Meeting any two of the three is enough.
Can any company file micro-entity accounts?
No. Some types of company are excluded. We check this for you when you order.
Is the calculator accurate?
It applies the published limits to your figures. For a firm answer, ask one of our accountants to confirm.
What if I am close to a limit?
Tell us. We check the exact figures and advise whether micro-entity or small company accounts suit you better.
Not sure if you qualify?
We confirm your eligibility and the right accounts for a fixed fee.