The Parliamentary Under-Secretary of State for Business and Trade (Kevin Hollinrake)
I have set Companies House the following targets for the year 2023-24:
Remove in excess of 16,000 pieces of information relating to identity details and/or addresses used without permission, in order to minimise the risk of records kept by the registrars creating a false or misleading impression to members of the public.
Register of Overseas Entities: Issue financial penalties for non-compliance in cases that we have identified and prioritised.
Ninety-seven per cent of companies on the register have filed an up-to-date confirmation statement.
Digital services are available for a minimum of 99.5% of the time.
Eighty per cent of customers satisfied with Companies House.
Increase the resource in the operations and intelligence teams by up to 241 new posts to enable legislative reform.
Manage expenditure within budgetary limits and utilise central Government funding.
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