Companies House Public Targets 2013-14 Debate

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Michael Fallon

Main Page: Michael Fallon (Conservative - Sevenoaks)

Companies House Public Targets 2013-14

Michael Fallon Excerpts
Tuesday 26th March 2013

(11 years, 10 months ago)

Written Statements
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Michael Fallon Portrait The Minister of State, Department for Business, Innovation and Skills (Michael Fallon)
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I have set Companies House the following targets for the year 2013-14:

Public Target

Proposed2013-14 Target

Customer

Achieve a score of more than 86% in our customer satisfaction survey

>86%

To achieve an average compliance level for accounts of 99%

99%

To achieve an average compliance level for annual returns of 98%

98%

Resolve complaints within five days

99%

WebFiling services are available 99.7% of the time

99.7%

Software filing services are available 99.7% of the time

99.7%

Companies House Direct Service is available 99.7% of the time

99.7%

WebCHeck service is available 99.7% of the time

99.7%

Document images ordered by search customers are available in the Companies House Direct download area within 35 seconds (new target)

98%

CEO to respond to all letters from MPs delegated to him to reply within 10 working days of receipt

100%

Process

Electronic transactions received are available to view on the public record (image format) within 48 hours (new target)

99.9%

Images placed on Companies House image system are legible and complete

99.8%

To achieve an average electronic filing target for accounts

60%

To achieve an average electronic filing target for all other transactions

85%

Reduce carbon emissions by 2%, based on the previous financial year

2%

People

Ensure that the average work days lost per person is no more than <8.5 days

<8.5

Finance

To achieve taking one year with another, a 3.5% average rate of return based on the operating surplus expressed as a percentage of average net assets

3.5%

Achieve by 2013-14 a reduction, in real terms, of 15% compared to 2010-11 in the operational monetary cost of the organisations operational costs (2nd year of a 3-year target)

5%

Payment of invoices within 5 days of receipt

90%