Submitting Accounts to Companies House late


A number of companies appear to be missing the deadline for submitting their accounts by a few days.  This has the effect of lowering  the companies credit rating.  This can affect credibility with suppliers as they may receive notification of a change in credit status the day after the accounts should have been submitted.

Obviously this will add to administration costs at the very least.  It might cause a supplier to delay despatch as it may lower your credit limit with them.

Indeed since corporation tax is due around the same time, it implies that any tax may be being paid late.

There is something strange at Companies House which we have observed.

If you do not submit accounts for a year but then submit accounts for the next year quickly the company ceases to be chased for the missing year.