What is a dormant company?

Published in Business finance on October 2, 2026 by Johnathan Korchak

Your company may be considered dormant if it is not currently carrying out any business and it does not have any other sources of income, including investment income. This article explains what to do and what to avoid doing to…

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Tags: accounting, accounts, company types, dormant companies

(Another) Inform Direct Product Update – May 2025

Published in Inform Direct news on May 20, 2025 by Jayne Challinor

This update sees the introduction of a much requested feature. You can now speedily produce prepopulated board minutes to approve company accounts, even when those accounts have not been created or filed using Inform Direct. Our…

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Tags: company accounts, accounts, annual accounts, company documents, news

Inform Direct product update – May 2024

Published in Inform Direct news on May 9, 2024 by Ben Robinson

We have been making many improvements to help automate the process of getting a company’s confirmation statement filed:…

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Tags: accounts, approval, dormant companies, news

Inform Direct product update – April 2024

Published in Inform Direct news on April 3, 2024 by Jayne Challinor

This month we’re pleased to introduce an exciting and much requested new feature. Subscribers using their own presenter code can now upload an iXBRL-tagged company accounts file to Inform Direct and authorise us to submit this…

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Tags: company accounts, accounts, medium companies, micro entities, news, small companies, statutory accounts

The balance sheet explained: Liabilities

Published in Company records on February 2, 2024 by David Hill

This article gives some simple examples of how to break down liabilities on the balance sheet for a UK company. It deals with micro-entity accounts because they are the simplest example. Also, micro-entities are by far the most…

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Tags: company accounts, accounts, micro-entity accounts, statutory accounts

The balance sheet explained: Assets

Published in Company records on January 31, 2024 by David Hill

This is an introduction to classifying items in the assets section of the balance sheet for a micro-entity, the smallest type of company. It’s a good place to start because it’s one of the simplest forms of company accounts,…

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Tags: company accounts, accounts, micro-entity accounts, statutory accounts

2025 Review
of UK Company Formations

Read our comprehensive review of UK company formations in 2024, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website

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