§ Mr. Squireasked the Secretary of State for Trade in view of the fact that many limited companies are failing to file annual returns or supplying accounts, and that action against them by his Department only appears to follow complaints from consumers or third parties, if he will make a statement of his policy on this matter.
§ Mr. EyreEnforcement action is not limited to cases in which there have been complaints. In the last 12 months, about 12,000 reminder letters were issued following complaints and about 200,000 because records indicated that returns or accounts were overdue. In the same period, 613 directors were convicted on charges involving default: fines and costs imposed exceeded £155,000.