You are allowed to form a UK company and keep it "dormant" for months, or even years.

In fact, many people form companies that will never trade, but have been registered to protect a trading name or back up a Trade Mark.

Other people form companies to cover projects that may not come to fruition for a long time (for example, to create their future business while they are at University or in full-time employment).

Provided you make sure you appoint officers (Director and Secretary) and file up-to-date records at Companies House you can continue to own a dormant company.

Remember that dormant companies are still obliged to complete an Annual Return and submit Accounts to Companies House each year. Dormant companies must submit their accounts on a DCA form (Dormant Company Accounts). Failure to submit accounts (even for a dormant company) will result in a penalty being levied on the company.