Limited companies are subject to late filing penalties if they fail to meet their statutory obligations with HMRC and Companies House.

Whether you are responsible for an active or dormant company or LLP, failure to prepare and deliver annual accounts (full, abridged, micro-entity, or dormant) can lead to the following penalties being imposed by Companies House:

• No more than a month = £150 Penalty
• More than 1 month but not more than 3 months = £375 Penalty
• More than 3 months but not more than 6 months = £750 Penalty
• More than 6 months = £1,500 Penalty

If your accounts are delivered late 2 years in a row, the penalties are automatically doubled.