A company is classed as 'Dormant' if it’s not actively trading and has no income.
Companies House Classification
Companies have to file Dormant accounts with Companies House if they have had no notable transactions in the financial year.
This does not include:
- Filing fees paid to Companies House
- Late accounts filing penalties
- Money paid for shares when the company was registered
Note: A company does not need to tell Companies House if they begin or resume trading. The next set of non-dormant accounts that they file will show that their company is no longer dormant.
For more information on Dormant companies, read the following article:Dormant companies and associations - Gov.uk