§ Mr. Barry FieldTo ask the President of the Board of Trade if he will list those trading organisations that do not have to file reports and accounts with the Registrar of Companies.
§ Mr. Neil HamiltonThe Companies Acts require that all limited companies, whether trading or not, deliver accounts to the registrar. However, an unlimited company is not subject to this requirement unless it is a subsidiary, or parent of a limited company, or carries on business as the promoter of a trading stamps scheme. These provisions do not apply to other trading organisations.
§ Mr. MorganTo ask the President of the Board of Trade what consultations he has had with the Registrar of Companies House concerning the present strategic review of Companies House; and if he will place a copy of such review, when completed, in the Library.
§ Mr. Neil HamiltonThe strategic review of Companies House executive agency was initiated with the approval of my predecessor. It is anticipated that the review will be completed in early 1993 and I shall be consulting with the chief executive of Companies House during this period. The strategic plan which will emerge from the review will be submitted to me for approval when completed and I shall consider at the time whether the plan should be placed in the Library.