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.
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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No such requirement in the USA (at least not for private companies, some public companies may report a few accounts with high business concentration).
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.
But what if the profit is all paid out as dividends? Then there might be no significant change to the balance sheet, I suspect
You are correct :(
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.