If a limited company is classed as dormant with companies house, what needs to be done if it starts trading?

Question

If a limited company is classed as dormant with companies house, what needs to be done if it starts trading?

Answer 1

If the company begins commercial or trading activities during the financial period you might have to submit full accounts for the financial year in which the company ceased to be exempt, and the directors may need to appoint auditors for the company. However, it may be that the company would qualify for exemptions as a medium-sized or small company.

See the links below for full detals from Companies House.

You can also contact Companies House on 0870 33 33 636. I would suggest you call them and ask for advice.