Small business account & account filing software

KCgreeneyes

I have 2 very small Ltd businesses, one I have a free business account with Mettle which gives me free access to use FreeAgent to file my accounts & tax. It’s simple, efficient, linked & free. I'm very happy with it. My 2nd business is currently dormant, I file my dormant accounts through the government website however all accounts will have to be filed through 3rd party software from 01/04/27, a while away yet, but as I struggle with all the paperwork etc involved with all this government red tape I want to plan & get organised well in advance, I can’t afford to pay an accountant etc. I’m thinking of merging the 2 businesses but would need to keep the currently dormant company as the active company if I did that. Mettle currently only allows one account per person which includes closed businesses/accounts, therefore there’s no way to run my 2nd, eventually only, business via them. FreeAgent can be used for free if you have a business current account with NatWest, Royal Bank of Scotland or Ulster Bank however the small print for their accounts is long and complicated and I can’t work out if any have an option, like Mettle, that I could use for free, or at least cheaply. Are there any options that people know of that are comparable to my current arrangement with Mettle & FreeAgent? Thanks

DullGreyGuy

Haven't looked at the terms but the "person" for a limited company's bank accounts is the company itself not its shareholders or directors so the two companies having one account each would be in line with only having one account per person. 

What are you keeping the dormant company for?

mlz1413

I think Nat West do the same thing,  so you could open an account for the Dormant company and file with Free Agent too.

But I don't believe you need to file Dormant Accounts as there are no transactions to submit. 

I believe it is just Companies House that need an annual submission.  That website is very user friendly, it literally walks you through. 

Im guessing you have a Dormant company as you want to keep a specific name?  Otherwise there is little point as new limited companies can be set up as and when needed