How can I tell if a company is dormant?

A company is called dormant by Companies House if it’s had no ‘significant’ transactions in the financial year. Significant transactions does not include: filing fees paid to Companies House, penalties for late filing of accounts and money paid for shares when the company was incorporated. 

Dormant companies will also file a set of Dormant Accounts at Companies House. Dormant accounts filed at Companies House need not include a profit and loss account or directors report.

Un-audited dormant accounts are much simpler than those of a trading company but must show:

  1. An abbreviated balance sheet containing statements above the directors signature to the effect that the company was dormant throughout the accounting period
  2. Any previous years' figures for comparison - even though there are no items of income or expenditure for the current year
  3. Certain notes to the balance sheet.

 

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