- United Kingdom
Don’t Risk Costly Penalties: File Your Company Accounts Before It’s Too Late!
Missing your company accounts filing deadline can result in penalties, legal issues, and HMRC investigations. Let Cannytax handle your company accounts preparation and submission accurately and on time.
At Cannytax, our team of qualified accountants in Kent provides fast and affordable company accounts preparation and filing services across the UK.
We offer full company accounts services for businesses of all sizes, from micro-entities to large, limited companies. Based in Kent, we provide professional accounting support throughout the UK, ensuring your annual accounts are accurate, compliant, and filed on time.
For fast, accurate & reliable company accounts preparation and filing services, contact Cannytax today at 0203 002 2027 or submit our online form.
Company accounts are official financial documents prepared at the end of a company’s financial year. They provide a clear overview of the business’s financial performance and position, helping directors, shareholders, lenders, and regulators understand the company’s health. They also form the basis for tax calculations submitted to HM Revenue & Customs (HMRC).
Company accounts filing is the process of submitting a company’s annual financial statements to Companies House and reporting its financial position to HMRC. Filing ensures your business remains legally compliant, helps calculate taxes accurately, and provides transparency for shareholders, investors, and lenders.
Cannytax offers professional company accounts preparation services to keep your business compliant, accurate, and tax-efficient, ensuring accounts are filed on time and penalties are avoided.
Whether you’re a micro-entity, small company, or a large limited company, our Kent-based team ensures your balance sheet, profit and loss account, cash flow statement, and notes to the accounts are fully compliant and ready for submission to Companies House and HMRC.
By choosing Cannytax for your company accounts preparation, you can:
In short: With Cannytax, your company accounts are prepared professionally, filed accurately, and submitted on time, giving you peace of mind and helping your business stay compliant and financially healthy.
When preparing company accounts in the UK, several key documents must be included to provide a full picture of the company’s financial performance and position.
Filing your company accounts isn’t just a legal formality; it’s a vital part of running a responsible business. Here’s why:
All limited companies in the UK must file their annual accounts with Companies House and report financial information to HMRC. Late or incorrect filings can lead to financial penalties, increased scrutiny, and even reputational damage.
Accounts form the foundation of your Corporation Tax return, helping HMRC calculate what your company owes. Accurate accounts mean you pay the correct tax and avoid unnecessary audits or fines.
Beyond legal and tax obligations, accounts provide a clear picture of your company’s financial health. They help directors make informed decisions, manage cash flow, and plan for future growth.
All limited companies in the UK must file annual accounts, even if the business has made no profit, is dormant, or is not actively trading.
Micro-entities and small companies may qualify for simplified filing, while medium and larger companies have more detailed reporting obligations, including a directors’ report and, in some cases, an auditor’s report.
The deadline for filing company accounts is 9 months after the financial year ends for private companies and 6 months for public companies.
Missing these deadlines can lead to late filing penalties, which increase the longer the accounts are overdue.
Failure to file company accounts on time triggers automatic financial penalties. Repeated late filings can result in higher fines, potentially damaging your company’s reputation and credibility with investors and lenders. Filing accurately and on time also ensures compliance with UK company law and tax regulations.
Company accounts can be submitted online or by post, but from April 2027, all filings must be submitted digitally using iXBRL tagging. Many businesses utilise commercial accounting software to simplify the process and ensure their accounts comply with the requirements of Companies House and HMRC.
Yes, as a director of a UK limited company, you can file your company accounts yourself with Companies House. However, it is advisable to hire an experienced accountant to ensure timely filing, full compliance, tax efficiency, and to prevent costly errors.
Here are several reasons why hiring a professional accountant can be a smarter choice:
Professional accountants ensure your accounts comply with UK accounting standards and Companies House requirements. Errors in your balance sheet, profit and loss account, or notes can lead to late filing penalties or regulatory issues.
Preparing and filing accounts can be time-consuming, especially for growing businesses. An accountant handles the work efficiently, letting you focus on running your business.
Accountants can identify opportunities for tax reliefs and allowances, helping you minimise your Corporation Tax liability while staying fully compliant with HMRC regulations.
If your company qualifies as a micro-entity or small company, an accountant can ensure you take advantage of simplified accounts or audit exemptions, saving you effort and complexity.
Knowing that a qualified professional has reviewed and filed your accounts gives confidence that everything is accurate, submitted on time, and fully compliant.
Choosing Cannytax for your company accounts gives you peace of mind:
Filing accounts can be time-consuming and complex, especially with changing regulations. At Cannytax, we provide a complete company accounts filing service, including:
By working with Cannytax, you can focus on running your business while we handle the accounting details accurately and efficiently.
Our qualified accountants in Kent offer comprehensive company accounts filing and preparation services from a fixed fee of £150 + VAT per year. The costs vary depending on the company’s size, revenue, and complexity.
Preparing and filing your company accounts can be complex and time-consuming, especially with UK accounting rules, Companies House requirements, and HMRC tax obligations to consider. By choosing professional company accounts preparation and filing support, you ensure your financial statements are accurate, compliant, and submitted on time.
For affordable and reliable company accounts filing services in the UK, call Cannytax today at 0203 002 2027 or email info@cannytax.co.uk.
