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0 pointsrahimnathwani11y ago0 comments

All companies in the UK must file annual accounts. They are available to anyone willing to pay the one pound fee per set of accounts.

Smaller companies don't need to publish P&L and cash flow. They can just publish a summary balance sheet. However, if you have the summary balance sheet for two consecutive years, then you can calculate the profit or loss.

About 60% of companies file accounts electronically using XBRL/iXBRL (rather than paper), and these accounts are available for free via daily/monthly zip files published on the Companies House web site.

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3 comments · 2 top-level

MarkMc11y ago· 1 in thread

> However, if you have the summary balance sheet for two consecutive years, then you can calculate the profit or loss.

But what if the profit is all paid out as dividends? Then there might be no significant change to the balance sheet, I suspect

rahimnathwaniOP11y ago

You are correct :(

nemanja11y ago

Misunderstood accounts to mean customer lists... Got it, that's not too bad if its limited to financials. I guess the intent is transparency for trade partners/employees/etc. Thanks for clarification.

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