Can I file micro-entity accounts?

Enter three figures and we’ll tell you whether your company qualifies as a micro-entity — the smallest size class, with the shortest accounts (FRS 105) — a small company, or neither, using the right size limits for the year you’re checking.

When does the financial year you’re checking start?

The size limits stepped up for periods beginning on or after 6 April 2025.

Money coming in over the year — turnover (£)

Total sales and other income for the year. Enter 0 if the company isn’t trading.

Everything the company owns — balance sheet total (£)

Cash, property and anything else it owns, before taking off what it owes. A rough figure is fine.

Average number of employees

Over the year. Count directors on payroll; enter 0 if none.

The company or LLP is a charity, a credit or insurance institution, an investment undertaking, or prepares (or is included in) group accounts.These types can’t use the micro-entity regime, whatever their size — for example a bank, an insurer, an investment fund, or a company that is part of a group filing combined accounts. LLPs themselves have qualified since 2016.

What makes a company a micro-entity

Micro-entities are the smallest UK companies, and they get to file the simplest accounts: FRS 105 micro-entity accounts. Whether your company qualifies comes down to size — it must meet at least two of three limits for the year.

The size limits

The thresholds stepped up for accounting periods beginning on or after 6 April 2025. For those periods a company is a micro-entity if it meets at least two of: turnover not more than £1,000,000; balance sheet total not more than £500,000; no more than 10 employees. For earlier periods the limits were £632,000, £316,000, and 10. There’s a fuller breakdown in who qualifies as a micro-entity.

Some company types are excluded

Even within the size limits, charities, credit and insurance institutions, investment undertakings, and any company or LLP that prepares (or is included in) group accounts cannot use the micro-entity regime. Those file small-company or full accounts instead. LLPs themselves have been able to use it since 2016.

Eligible isn’t the same as required

Qualifying as a micro-entity is an option, not an obligation — you can choose to file fuller small-company (FRS 102 Section 1A) accounts if you prefer. Most non-trading companies take the simpler route. See micro-entity vs small company accounts to weigh it up.

This tool is a guide, not advice

It applies the standard size tests. If your company is part of a group, changed its year end, or has an unusual balance sheet, confirm the position with an accountant before you file.

Micro-entity and not trading?

DormantFile files FRS 105 micro-entity accounts and a nil CT600 for non-trading companies — from £19/year.

See how it works