Overdue Company Accounts Filing in Welshpool

Company accounts become overdue when the applicable filing deadline has passed and the required accounts have not been delivered to Companies House. The relevant deadline depends on the company's accounting reference period and its circumstances, so it is worth checking the filing history on your Companies House record rather than assuming nothing is due. If a period appears as outstanding, the accounts for that period are overdue and still need to be prepared and filed where required. Common reasons for falling behind include loose bookkeeping, a change of accountant, or an assumption that a dormant or non-trading company has nothing to file — but the filing obligation is determined by whether the documents were delivered, not by whether the company traded.

Yes, in most cases. An overdue filing means the deadline has passed and the accounts remain outstanding, not that the requirement has disappeared. The relevant statutory accounts still need to be prepared and delivered to Companies House where required, subject to the applicable requirements. If you have received correspondence from Companies House about the missed deadline, that does not remove the obligation either. Depending on the circumstances, there may also be other outstanding filings to deal with, such as confirmation statements or HMRC matters, and these usually need to be addressed separately.

Yes. Dormancy and overdue filing are separate issues. A dormant company can still have Companies House filing obligations, and if the required accounts were not delivered by the applicable deadline, those accounts can be overdue. Dormant accounts are generally simpler to prepare, but they still need to be prepared and filed where required, and dormancy does not automatically exempt a company from filing. If your company has been dormant for one or more periods, we can review the position and confirm which periods remain outstanding.

When accounts are delivered after the applicable deadline, Companies House may impose a late-filing penalty, and the amount can vary depending on how late the accounts are and the company's circumstances. Filing the outstanding accounts remains necessary regardless of any penalty. The longer the accounts remain overdue, the more serious the position can become, and persistent failure to meet filing obligations can increase the risk of further action, including compulsory strike-off in some cases — although not every overdue company faces that outcome. If a strike-off notice has already been issued, the position may need separate consideration, and if a company has already been dissolved, restoration or legal advice may be required rather than a straightforward overdue filing.

Yes. The requirement to pay a late-filing penalty and the requirement to file the outstanding accounts are separate matters. Paying a penalty does not remove the need to prepare and deliver the accounts, and delivering the accounts does not automatically cancel a penalty that has already been applied. Whether an appeal against a penalty is possible depends on the circumstances and the applicable Companies House rules, and there is no guarantee of a particular outcome. We can review your circumstances and explain what may be available, but the accounts themselves still need to be dealt with either way.

Where several periods are outstanding, each one may need to be addressed separately, which can mean preparing and filing more than one set of accounts. The figures for a later period often depend on the position at the end of the previous one, so the periods are usually worked through in order rather than all at once. Filing one set of accounts does not automatically resolve every outstanding period. The information required for each period depends on the company's circumstances and the nature of its records, and we can map out what is outstanding before any preparation begins.

Some companies with overdue accounts may qualify for the micro-entity reporting framework, under which FRS 105 is the applicable financial reporting standard for qualifying entities. However, not every company qualifies, and not every small company automatically meets the micro-entity criteria — the company's legal structure, accounting period, size and eligibility all need to be considered. It is also worth noting that an overdue set of accounts may originally have been prepared under the micro-entity, small-company or another applicable framework. We will confirm the appropriate basis before preparing anything.

Yes. Statutory accounts are filed with Companies House where required, while Corporation Tax Returns such as CT600 are submitted to HMRC where applicable — filing overdue accounts with Companies House does not automatically satisfy any HMRC Corporation Tax obligation. A confirmation statement is also a separate filing, submitted to Companies House, and filing accounts does not replace it. Where a company has more than one overdue item, these are distinct compliance matters that may each need attention, and it is worth checking your Companies House record and HMRC position together so nothing is overlooked.