Late filing penalties: how they work and how to avoid them
How Companies House late filing penalties build up, and the simplest way to avoid them.
If you file your annual accounts late, Companies House charges an automatic penalty. The amount depends on how late the accounts are, and it doubles if you file late two years in a row.
Penalties for a private company
- Up to 1 month late: 150 pounds
- 1 to 3 months late: 375 pounds
- 3 to 6 months late: 750 pounds
- More than 6 months late: 1,500 pounds
How to avoid them
Know your filing deadline and file in good time. The simplest protection is a tool that tracks your deadline and lets you file quickly when it approaches.