New Filing Penalties at Companies’ House

New filing penalties are coming from 01 February 2008 for late filed accounts at Companies’ House.

Of course this won’t affect most companies, but for those filing late, the penalties will stack up fast.

How late are the accounts delivered	Penalty – Private Company	Penalty – PLC
Not more than one month	£ 150	£750
More than one month but not more than three months	£375	£1500
More than three months but not more than six months	£750	£3000
More than six months	£1500	£7500

In addition where there was a failure to comply with filing requirements in relation to the previous financial year (and that the previous financial year had begun on or after 6th April 2008), the penalty will be double that shown in the table.

When do these new penalties apply?
The new penalties will apply from 1st February 2009.

How will I know when a penalty is levied?
If accounts are delivered late, an invoice is issued automatically to your registered office address.

Do the penalties apply to flat management and dormant companies?
Yes