The CRO received €7.9 million in late filing fees in 2022, according to its most recent annual report. Photograph: Agency Stock
It may seem trivial given the litany of challenges businesses are able to reel off at the moment. But one side effect of late filing is it prevents members of the public – be they creditors the company to whom the company owes money, customers or even investors – from obtaining accurate, reasonably up to date financial information about the business.
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