Companies: Ownership

(asked on 7th October 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make arrangements for companies in the register of persons with significant control to be identified by name.


Answered by
Margot James Portrait
Margot James
This question was answered on 14th October 2016

It is a requirement for companies in the register of people with significant control (PSC) to be identified by name.

Where a company is owned and controlled by a legal entity such as another company, if that legal entity is both registrable and relevant in relation to the company then the company must enter a set of required particulars in its PSC register and provide that information to Companies House. One of the required particulars is the corporate or firm name of the legal entity that owns and controls the company.

Reticulating Splines