Section 441 of the Companies Act 2006 requires all companies to deliver annual accounts to the Registrar of Companies by the due date. Section 453 specifies that a civil administration penalty shall be payable if the accounts are delivered late, and provides for the Secretary of State to specify the level of this penalty through regulations.

 

To increase the effectiveness of the late filing penalties, when section 453 came into force Companies House changed the current schedule of late filing penalties as contained in section 242A of the Companies Act 1985. In parallel, the Government will amend section 242A of the 1985 Act so that these changes also apply to accounts prepared under the 1985 Act but delivered late on or after 1st February 2009 when the updated penalties came into force.

 

What are the Penalties?

 

For a Limited Company

For a PLC

Do you need help in filing your accounts on time?  Are you already late and not sure what to do?

 

Contact us immediately and our accounts team will help you save time and money.