Is the credit rating affected by when I file my accounts?

Yes, the scorecard works dynamically in that, as the due date for accounts approaches, the lower the score will be (usually this only happens during the last few weeks before the due date). However, as soon as the new accounts are submitted to Companies House then the rating will go back up (as long as the financials haven’t got any worse).

The reason for this is that it is statistically proven that when a company files their accounts late (or leave it up until the very last minute) then these companies are nearly 3 times as likely to fail.