Question

What happens if I file my company accounts late at Companies House — what are the actual penalties?

20 views

I'll be honest — I'm cutting it fine with my company accounts this year and there's a real chance they go in after the deadline.

 

What actually happens if they're late? I've heard there's an automatic penalty that starts at £150 and goes up to £1,500 depending on how late you are — is that still right? Does the penalty double if it happens in consecutive years?

 

And separate from Companies House, is there anything else to worry about on the HMRC side with the tax return? I file both and I want to know the full picture before I decide how to prioritise my time this month.

1 Answer

The figures you’ve heard are right — the penalties are automatic, and they escalate fast. Don’t rely on Companies House reminders; diarise the deadline yourself.

For a private limited company, the late filing penalties are:

  • Up to 1 month late: £150
  • 1 to 3 months late: £375
  • 3 to 6 months late: £750
  • More than 6 months late: £1,500

And yes — if you file late two years in a row, those penalties double: £300, £750, £1,500 and £3,000.

A few things people miss:

  • The penalty is charged to the company, but directors can be prosecuted personally for persistent failure to file — that’s a criminal matter, not just a fine.
  • Filing late doesn’t move your next deadline — it’s still 9 months after your year-end (6 months for public companies).
  • You can apply to extend the deadline, but only before it expires and only for exceptional reasons such as fire, flood or theft — being busy doesn’t count.
  • Companies House penalties are separate from HMRC’s. Your company tax return has its own £100+ penalty regime, so a late year-end can cost you twice over — prioritise whichever deadline hits first.

If you’re already late, file as soon as you can — the penalty band is based on how late you are, so every month matters. And put next year’s deadline in the diary now.

Your answer

Log in to add your answer to this discussion.