|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.