Dormant Company Accounts in Milton Keynes

A confirmation statement, formerly known as an annual return, is a document that limited companies in the United Kingdom are required to file with Companies House on an annual basis. It provides important information about the company's directors, shareholders, registered address, and other key details.

The purpose of the confirmation statement is to ensure that the information held by Companies House about the company is accurate and up to date. By filing this statement, companies confirm or update the information previously submitted in their annual return.

The confirmation statement includes the following information:

1. Company details: This includes the company name, registration number, and registered office address.
2. Officers: The confirmation statement lists the directors and company secretary (if applicable) of the company. It includes their full names, service addresses, and residential addresses (only partially shown on the public register).
3. Shareholders: The statement provides information about the shareholders of the company, including their names, addresses, and the number and types of shares they hold.
4. Statement of capital: This section details the company's share capital structure, such as the total number of shares issued, their nominal value, and any changes in the share capital during the year.
5. SIC code: The Standard Industrial Classification (SIC) code categorizes the nature of the company's business activities.
6. People with significant control (PSC): Companies are required to disclose any individuals or entities that have significant control or influence over the company. This includes details such as their names, addresses, and the nature of their control.

It's important to note that a confirmation statement is different from an annual financial statement. While the confirmation statement focuses on providing accurate company information, the annual financial statements, such as the profit and loss account and balance sheet, provide a snapshot of the company's financial performance.

Failing to file confirmation statements with Companies House can have several consequences for a company. Here are some potential outcomes:

1. Company strike-off: Companies House has the authority to strike off a company from the register if it fails to submit confirmation statements or annual accounts for an extended period. If a company is struck off, it no longer legally exists, and its assets may be forfeited to the Crown. The company's bank accounts may be frozen, and it loses the right to carry out any business activities. This can have serious implications for the company and its directors, as they may still be personally liable for any outstanding debts or obligations.

2. Prosecution and criminal charges: Persistent failure to submit confirmation statements or providing false or misleading information to Companies House can lead to legal action. In such cases, the company directors or officers may face prosecution, and if convicted, they can be fined personally or even face imprisonment.

1. Sign up as our client and supply all the necessary information and documents. 

2. Approve and sign the dormant company's confirmation statement through our portal. 

3. Our qualified accountants will submit the dormant company's confirmation statement online on your behalf, and a confirmation email will be sent to you.

4. We will keep an eye on the deadline for you and contact you again next year.