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Making my company dormant

Discussion in 'General Business Forum' started by chrisNVUS, May 1, 2009.

  1. chrisNVUS

    chrisNVUS UKBF Newcomer Free Member

    Posts: 4 Likes: 0
    Can anyone tell me how long the process takes to register with Companies house that your business is dormant? Once you make your business dormant, do you also need to do this with HMRC?
  2. Rufford

    Rufford UKBF Regular Free Member

    Posts: 373 Likes: 61
    I think it's matter of your accountant submitting dormant accounts...

    I had/have a couple of dormant companies; on of which I've just resurrected. They just stay dormant with the lodgement of dormant accounts. When an if they start to trade it's not a matter of informing anyone - the company just starts again... then lodges trading accounts..
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  3. 4little1s

    4little1s UKBF Regular Full Member

    Posts: 1,615 Likes: 93
    Another compnay I run was registered to be dormant, it was more a case of when the accounts were due we completed a dormant accounts form and it was registered. Interestingly its been dormant for a few years now and companies house have said unless they hear from us they are removing from the regisiter !
  4. MyAccountantOnline

    MyAccountantOnline UKBF Regular Full Member

    Posts: 9,253 Likes: 1,832

    When a company is dormant the accounts submitted to Companies House are in a greatly simplified format - this is the only notification as such that is needed. You dont have to apply for a company to be dormant.

    This might help -

    http://www.companieshouse.gov.uk/about/gbhtml/gba3.shtml#five

    Yes you/or your accountant would notify HMRC.
  5. MyAccountantOnline

    MyAccountantOnline UKBF Regular Full Member

    Posts: 9,253 Likes: 1,832
    They only do this if accounts/documents havent been filed. Unless you want to loose this company you ought to act immediately to stop this happening.

    Bear in mind the consequences of a company being struck off eg the company bank account being frozen.
  6. chrisNVUS

    chrisNVUS UKBF Newcomer Free Member

    Posts: 4 Likes: 0
    Thank you, the link was very helpful. Much appreciated! Cheers!
  7. mahutchinson

    mahutchinson UKBF Regular Free Member

    Posts: 1,060 Likes: 109
    They would only do that if accounts or annual return are overdue, otherwise the company can stay dormant forever. They have no authority to remove a company filing returns correctly.