Asked by: Joshua Reynolds (Liberal Democrat - Maidenhead)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential merits of requiring a company to confirm an address before registering it at Companies House.
Answered by Justin Madders - Parliamentary Under Secretary of State (Department for Business and Trade)
Through the Economic Crime and Corporate Transparency Act 2023 we have given the registrar more powers to ensure address (and other) information on the register of companies is as accurate and complete as reasonably possible. Additionally, next year will see the introduction of identity verification for company officers, beneficial owners and those who file information on companies’ behalf. We will assess the merits of these various improvements before considering what, if any, further measures might be appropriate to improve the quality and reliability of company information.