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Institute of Transport Administration

Educating Transport Management since 1944

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Companies urged to file accounts early to avoid penalties

11 Sep 2023

If you’re due to file accounts with Companies House by the end of September, allow plenty of time before your deadline.

Directors have lots of responsibilities including keeping company records up-to-date and making sure they’re filed on time. 

Missing your filing deadline could affect your credit score or access to finance. It can affect how others view your company and whether they want to do business with you.

There are also financial penalties and legal consequences – you could get a criminal record, a fine or disqualification.

Even if an accountant files your company’s accounts on your behalf, it’s still your responsibility, as director, to make sure they’re filed on time.

Further information:

https://www.gov.uk/government/news/companies-urged-to-file-accounts-early-to-avoid-penalties?utm_content=&utm_medium=email&utm_name=&utm_source=govdelivery&utm_term=