§ Mr. Austin Mitchell
To ask the Secretary of State for Trade and Industry if he will list those accountancy firms which have been criticised by(a) his Department's Inspectors and (b) the Registrar of Friendly Societies since June 1979.
§ Mr. Redwood
Ten reports of inspectors appointed under the Companies Act published since June 1979 have 139W contained criticisms of accountants. The extent of criticism varies in scale and reference should be made to individual reports.
Name of company Date of publication of report Name of accountants Ashbourne Investments Limited 31 July 1979 Wright Stevens & Lloyd Data Investments Limited 30 April 1980 Robson Rhodes Cornhill Consolidated Group Limited 31 December 1980 Singleton, Fabian & Derbyshire Kina Holdings Limited 24 March 1981 Harold Everett, Wand & Co. Dixon Wilson Tubbs & Gillett Collins & Co. Scotia Investments Limited 22 January 1981 Lubbock Fine Gilgate Holdings Limited and others 8 September 1981 Thornton Baker & Co. Gerald Edelman & Co. Norwest Hoist Limited 23 June 1982 Price Walerhouse Ramor Investments Limited 22 March 1983 Price Waterhouse Greenbank Trust plc 5 August 1988 Pannell Kerr Forster Milbury plc 27 October 1988 Arthur Young
I assume that the hon. Member intended to refer to inspectors appointed by the Chief Registrar of Friendly Societies under powers comparable to those of my right hon. Friend the Secretary of Slate under the Companies Act.
No such inspector has reported since June 1979.