Key Deadlines for Filing Company Accounts You Shouldn’t Miss
- Even Solutions Accountancy
- 6 hours ago
- 3 min read
Filing company accounts is one of the most important responsibilities for any UK limited company director. Missing your Companies House deadline can result in automatic penalties, unnecessary stress, and even damage to your company’s reputation.
The good news? Once you understand how company accounts deadlines work, staying compliant becomes much easier. This guide explains the key dates, what they mean, and how to avoid late filing penalties.
Understanding Company Accounts Deadlines
For a newly incorporated company, the first set of accounts must be filed within 21 months of the date of incorporation. After that, subsequent accounts are due annually, within 9 months of the company’s financial year-end.
For example, if your company was incorporated on 1 January 2023, your first accounts deadline would be 1 October 2024. After that, if your financial year ends on 31 December, your next accounts would be due by 30 September the following year.
Failing to meet these deadlines can result in fines starting at £150, increasing with the length of the delay.
Important Dates for Company Accounts Filing
To avoid penalties, it’s essential to keep track of these key dates:
Incorporation Date: Marks the start of your company’s accounting period.
First Accounts Deadline: 21 months from incorporation.
Annual Accounts Deadline: 9 months after the end of each financial year.
Confirmation Statement Deadline: Usually 12 months after incorporation, separate from accounts but equally important.
For example, if your company’s financial year ends on 31 March, your accounts must be filed by 31 December. It’s wise to prepare your accounts well in advance to allow time for review and corrections.
If you’re unsure about your deadlines, you can check your company’s filing history on the Companies House website or consult with a professional.
How much do accountants charge to file company accounts?
Hiring an accountant to handle your company accounts can save time and reduce errors. The cost varies depending on the complexity of your accounts and the services provided.
Basic Filing Service: £100 - £300
This usually includes preparing and submitting statutory accounts and confirmation statements.
Full Accounting Service: £500 - £1,500+
This covers bookkeeping, payroll, tax returns, and financial advice in addition to filing accounts.
Specialist Services: Fees vary
For companies with complex structures or international operations, fees may be higher.
When choosing an accountant, consider their experience, reputation, and whether they offer additional support like tax planning. Investing in professional help can prevent costly mistakes and ensure timely filing.
Tips to Avoid Missing Company Accounts Deadlines
Missing deadlines can be costly, but with the right approach, you can stay on top of your obligations:
Set reminders early - Use digital calendars or accounting software to alert you well before deadlines.
Keep accurate records - Maintain organised financial records throughout the year to simplify the filing process.
Understand your accounting period - Know your company’s financial year-end and plan accordingly.
Use professional services - Accountants can help ensure accuracy and timely submission.
File online - Electronic filing is faster and reduces the risk of delays compared to postal submissions.
By following these steps, you can avoid penalties and maintain good standing with Companies House.
Why Timely Company Accounts Filing Matters
Timely filing of company accounts is not just a legal requirement but also a sign of good business practice. It helps:
Build trust with investors and creditors
Transparent financial reporting reassures stakeholders about your company’s stability.
Avoid fines and legal action
Late filing can lead to escalating penalties and even court orders.
Maintain your company’s reputation
Compliance reflects professionalism and reliability.
Access financial services
Banks and lenders often require up-to-date accounts for loans or credit.
If you want to learn more about the process and get professional assistance, consider exploring company accounts filing services that can guide you through every step.
Staying informed about your company accounts deadlines is essential for smooth business operations. By planning ahead and seeking expert help when needed, you can ensure your accounts are filed on time and your company remains compliant.
