The Company Status Explained: Dormant

All of our company reports include a “Company Status” field. In this series of blogs we shall define what each status means. Today we’ll look at the “Dormant” status.

As defined by Companies House:

“A company is dormant if it has had no “significant accounting transactions” during the accounting period. A “significant accounting transaction” is one which the company should enter in its accounting records.

The amount paid for shares on the formation of a company and a few costs that the company may incur in order to keep the company registered at Companies House do not count as significant accounting transactions”.

Remember, the “Company Status” field will be empty if the company has not yet filed accounts.

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Mathew Aitken

is Head of Content at at Made Simple Group. This entails overseeing Made Simple Group's blogs (five in all!) and any other content we happen to be producing. In his spare time Mathew is an avid film-goer, TV-watcher and Tottenham Hotspur-endurer.