§ Dr. WrightTo ask the President of the Board of Trade how many companies have had penalties imposed upon them by Companies House for the late submission of accounts in each of the past five years; and what has been the total amount of such penalties in each of these years.
§ Mr. Jonathan EvansResponsibility for the subject of this question has been delegated to Companies House under its chief executive, Mr. Durham. I have asked him to arrange for a reply to be given.
Letter from David Durham to Dr. Tony Wright, dated 30 January 1995:
Jonathan Evans, Parliamentary Under Secretary of State for Corporate Affairs, has asked me as Registrar and Chief Executive of Companies House Executive Agency, to reply to the following Parliamentary Question which you tabled:How many companies have had penalties imposed upon them by Companies House for the late submission of accounts in each of the past five years; and what has been the total amount of such penalties in each of these years.The late filing penalty system was introduced on 1 July 1992. Details of the number of penalties levied and the sums involved are set out in the table below.
Late filing penalties raised: Great Britain Financial years 1992–3; 1993–4; 1994–5 Number Value (£ million) 1992–93 (July-March) 79,928 12.5 1993–94 (April-March) 84,384 20.8 1994–95 (April-December) 55,053 13.8