§ Mr. David Porter
To ask the Secretary of State for Trade and Industry (1) if he will make a statement about BOM Holdings plc and the extent to which his Department is monitoring the company under the Companies Acts;
(2) what representations he has received about proposed land sale transactions and other activities by BOM Holdings plc in the past three months; and if he intends any action in respect of this company.
§ Mr. Redwood
[holding answer 25 January 1990]: BOM Holdings plc has not filed its first accounts by the due date, 31 August 1989, nor has it filed an annual return due on 1 November 1989. The Registrar of Companies is taking appropriate action.
My Department has received a number of representations about the company's recent activities including a contract for the sale of an area of land which is a major asset. We are considering urgently whether action is appropriate, but I cannot indicate whether any action will be taken.