View Full Version : Dormant Limited Company
10-04-2004, 10:38 AM
I'm in the process of setting up my coaching practice and would like to get the limited company name and keep the company dormant until I need it.
What paperwork would I need to maintain/file to Companies House if I registered a dormant company? Do I still need the services of an accountant to maintain it dormant?
This was raised a while ago and there are some issues to think of.
A visit to companies house website is your best bet. This Link (http://www.companieshouse.gov.uk/about/gbhtml/gba10.shtml) drops you straight in to dormant co. questions.
You never NEED the services of an accountant and the paperwork should be quite simple unless your business dealing form a complex network. I have managed without one but I must admit to the odd call or email to James to check bits out.
An accountant is never a bad idea and they may be able to save you money on your tax but probably not as importatn if dormant.
10-04-2004, 03:37 PM
Purchase your company and then when your returns are due, you send them back as dormant and it's pretty simple. I have one too.
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