With latest figures published by Companies House showing an increase of 2% in accounts being filed late for 2018 (as compared with 2017), we thought it was worth reminding you of the fines that companies could face: |
Accounts delivered late | Penalty: Private company/LLP | Penalty: PLC |
< 1 month | £150 | £750 |
> 1 – 3 months | £375 | £1,500 |
> 3 – 6 months | £750 | £3,000 |
> 6 months | £1500 | £7,500 |
According to Companies House, 223,640 companies (4,202,044 total on register) were late to file their accounts, with the worst areas being London, Birmingham and Manchester.