WHEN IS YOUR LIMITED COMPANY DORMANT? (UK)

Hello, I formed my limited company about 4 months ago, and I haven't traded ever since. I called the hmrc and let them know that its dormant and they said I won't need to file a tax return. My question is: Can I still apply for my company dissolution while its dormant and do I need to file any accounts with companies house when its struck off ?

Hi, I’ve opened up a limited company, didn’t do anything, not even opened a bank account, will I have to send in any tax returns or anything at all?

hi i have a ltd company, we dont trade , its like you said, we've saved the name kind of thing,so i consider the company dormant. On the companies house beta portal it says my company status is active, should this say dormant and not active?

Great channel, thank you. Subscribed!
If I'm a sole trader and doing some work as 'company name' (but more as a trading name and filing for this work in Self-Assessment), can I purchase the 'company name' and keep it dormant as a company, just to save the name for when I want to make that switch from little sole trader to limited company? I don't feel it's time (earnings wise) to turn into a company, but would like to save the name.
Thanks!

Hi I have company First accounts made up to 31 October 2022
due by 8 July 2023
Not started trading yet
I shall submit nil corporation tax return or notify to HMRC as dormant?

My company is dormant and as never traded, i only did my filings yesterday 21/2/23 but because they were late I have incurred a £399, charges for late filings, and on the 24/2/23 it was going to nearly double £700+ , for being late twice , on the 20/1/23 I paid £76,79p to u/gov filings so I thought Every thing was in order, but it wasn't its a minefield, for having a company name on paper only it as cost me £500, so people please check and keep up to date with your companieshouse filings, and don't get kicked in the bollacks like i did

Hi there, I formed a limited company about a year ago and got a notification saying my confirmation statement is overdue. I don't intend to trade and wish to dissolve the company. I did open a bank account for the company but I haven't ever put a penny in the account. I can see that in order to dissolve I first need to notify HMRC and file a company tax return. Am I correct in inferring from this video that in order for my limited company to be considered dormant I need only call HMRC to agree that my company is dormant? And that this would exempt me from the need to file the tax return?

6 flat owners, we have a property management company (limited by guarantee). Companies house have been instructed we are dormant, we have bank acc in company name and all pay £50 pm to cover buildings insurance and maintenance. Are we legally a dormant company? Can we file dormant company accounts? Thanks for any advice.

Can you file dormant accounts before the company year end?

I am aware of a company who have over 100 employees and is trading by the million but is still registered as dormant? How does that work?

In one of the videos, it was mentioned a Flat Management company can be dormant. Have a situation, where the major expenses are insurance, ICO, company filings... no ground rent income. The company has been dormant. One of the directors pays the insurance out his personal bank account and then later sends a bill to the other flat owners.

However, a solicitor said it a bad idea for the company not to have a bank account as it could be open to challenge (?). The reason for not having a bank account, was to avoid paying an accountant to audited. Someone suggested opening a Client bank account (I don't know if this is easy). So in future, the residents put money into the client account and then the client account is used to pay for insurance. Is this a way of running thing on a shoe string ?

is it better to strike off a company or get it dormant which has never been used

How do I make my limited company a dormant?

Our Accounting period ends on 31st Dec

We want to declare 2022 as dormant.

But in Jan 2022 we paid the final salary settlement of any empliyee which was aroun 15,000 GBP...

cant seem to see FREE TOOL for companies house

I have Registered a Limited Company this Month. I have 1 transaction on the Buisness account as a test Payment a credit of £1 from my own personal account, My question is would that be considered as a significant transaction by company's house?

Hi, I set up a limited company last August but I have not started selling any products but I have loads of pre-trading transactions including buying office equipments and stock but I have not started selling so no money has come in yet but money going out. Money going towards buying equipment and stocks came from directors loan. Would that be considered dormant?

I have a Limited company and I am not trading due to the Covid but I have a bank account and therefore got interest after tax and bank charges but both under £100 and told HMRC and they have put it down as non trading but have to do my Companies House return, and want to do my return but not sure if I file dormant accounts

HI, I have a question do I need to reflect on the company house all the capital that still on investment before the company was created?

if i am dormaint will i still showed as active?

I registered company in early April 2020 can I be eligible for any Government coronavirus loan/support scheme ?

Hello sir.
I would be grateful to know if any Company registered under Company's house is 100%legit and safe to join. 😊thank you

Hi there. I have a company I registered in 04/2018. I told HMRC that the company wasn't trading in April 2019. I had some savings and started trading in January 2020 but haven't informed HMRC till now. I applied for a bounce back loan but got declined because they said the last filing of my company says it is dormant. I was told by the bank that if my company become active then I can reapply again. Don't really know how to go about this. I haven't really started trading as I have 10,000 of my savings which is not enough to put down as a deposit for a buy to let so in a nut shell haven't done any trading since January. Can you advice please.

Helpful video but I can't see the link to how to how file for a dormant company you said you would add. Thanks