The penalty table for private companies
| How late | Private company | Public company |
|---|---|---|
| Up to 1 month | £150 | £750 |
| 1 to 3 months | £375 | £1,500 |
| 3 to 6 months | £750 | £3,000 |
| More than 6 months | £1,500 | £7,500 |
If accounts were also filed late in the previous financial year, the penalty is automatically doubled. The penalty is charged to the company, issued when the late accounts are eventually delivered.
It can get worse than the fine
- Directors commit an offence by failing to file on time and can be prosecuted and fined personally in serious cases
- Strike-off risk — persistent non-filing leads Companies House to assume the company is defunct and begin compulsory strike-off
- Credit damage — overdue accounts are visible on the public register and are read as a warning sign by lenders, suppliers and customers
- Unpaid penalties are pursued — referred for debt collection, and an unpaid penalty is considered if the same directors file late again
How to avoid ever paying one
- Find your exact due date on the Companies House register — don’t work from memory
- Start the accounts well before the final month; penalties are automatic, not negotiable
- Don’t rely on paper filing near a deadline — accounts must arrive by the date; online filing confirms acceptance
- Use an accountant who diarises your deadlines — we chase you for records, not the other way round
Behind on a deadline right now? Call 0114 327 1480 — the sooner the accounts go in, the lower the band.
Frequently asked questions
Related
Need help with Making Tax Digital?
Ask us anything about MTD, or request that we register or file for you. Call 0114 327 1480 or send a message below.