Who we help

Micro Entity Companies

Small UK limited company with turnover under £1M? You likely qualify for simplified micro-entity accounts — less paperwork, lower cost, filed properly.

ICAEW Chartered Accountants · Practice established in the 1970s · See our firm details

Krishna Prasad Dahal, Chartered Accountant

Reviewed by Krishna Prasad Dahal FCCA, ACA (ICAEW), FCA (ICAI India)ICAEW Council Member · Last reviewed

Common micro-entity situations we help with

Confused by HMRC rules

Not sure which filing actually applies to a company your size, or what “micro-entity” qualifies you for.

Worried about missing a deadline

Companies House penalties apply automatically, with no grace period.

Don't want a monthly retainer

Need a straightforward annual filing, not an ongoing subscription.

Outgrowing micro-entity status

Turnover or headcount creeping up, and unsure when the rules change.

What's included

  • Fixed-fee filing — no hourly billing, no retainer
  • Filed within 7 working days of receiving your complete records
  • ICAEW-qualified accountant sign-off
  • CT600 filed alongside your accounts

Is this you?

  • A UK limited company with turnover under £1M
  • Meet at least two of: turnover of £1M or less, balance sheet of £500k or less, no more than 10 employees
  • Want simplified accounts, not a full statutory filing
  • Don't want an ongoing monthly retainer for a straightforward annual filing

Common questions

FAQs

Does my company qualify as a micro-entity?

For financial years starting on or after 6 April 2025, generally yes if it meets at least two of: turnover of £1 million or less, a balance sheet total of £500,000 or less, and no more than 10 employees on average. For earlier years the limits were £632,000 turnover and £316,000 balance sheet. Some companies are excluded whatever their size.

What's the difference between micro-entity and full statutory accounts?

Micro-entity accounts (FRS 105) require less disclosure and are simpler to prepare — full statutory accounts (FRS 102) are needed once you outgrow these thresholds.

Do I still need to file a Corporation Tax return separately?

Yes, your CT600 is filed alongside your accounts, we handle both together.

What if I've outgrown micro-entity status this year?

Get in touch — we'll tell you honestly which accounts you now need and quote for them.

Ready to get your micro-entity accounts filed?

See our fixed-fee Micro-Entity Accounts Filing service