For clients from outside the UK or those unfamiliar with Company Accounts this can be confusing.
To explain the difference we have added some pages to our Help section:
For an overview of what is filed and why visit this page.
All limited and unlimited companies, whether or not they are trading, must keep accounting records. There are three variations on filing accounts and these impact on the amount of information available in a credit report. A full breakdown of these filing requirements is available here.