ToolsMicro-entity checker
Micro-entity checker (FRS 105)
Answer three questions about your company's size to see whether you can file the simplest micro-entity accounts.
Balance sheet total means your total assets before deducting liabilities.
This checks the size conditions only. A few company types are excluded from the micro-entity regime (for example certain financial, insurance and investment companies, and some group members), and moving between accounting regimes can depend on meeting the limits for two consecutive years. Confirm your position before you file — see our micro-entity accounts guide. General guidance, not tax advice.
Common questions
What is a micro-entity?
A micro-entity is a very small company that meets at least two of three size conditions: turnover not more than £1,000,000, balance sheet total not more than £500,000, and not more than 10 employees on average. It can file simplified FRS 105 accounts.
Do I have to file micro-entity accounts if I qualify?
No — qualifying companies can choose to file micro-entity (FRS 105) accounts, but you can also file small-company accounts if you prefer. Most of the smallest companies choose the simpler micro-entity route.
Are any companies excluded?
Yes. Certain companies cannot use the micro-entity regime — including some financial, insurance and investment companies, and members of certain groups — even if they meet the size limits.
Is a dormant company a micro-entity?
A dormant company is usually within the size limits and can file dormant or micro-entity accounts. OneFiler handles both.