Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what was the total (a) number and (b) value of financial penalties (i) levied and (ii) collected by Companies House since October 2024.

Since October 2024, 234 financial penalties have been issued. These had a total value of £58,500. The volume of penalties issued will rise once initial work to deploy the required systems and processes has been completed.

5 financial penalties have been collected, totalling £1,250. Action to collect penalties will accelerate during summer 2025. Outstanding penalties will be referred to debt collection and litigation where appropriate.

This information is unaudited and subject to change. Audited figures will be made available when Companies House’s annual accounts are laid in Parliament. This is currently expected to be delivered in July 2025.