§ Mr. MitchellTo ask the Secretary of State for Trade and Industry how many companies satisfy the Companies Act 1985 definitions of(a) small, (b) medium and (c) large companies. [82932]
§ Dr. HowellsThe Register of Companies does not hold information on company turnover, number of employees and balance sheet totals and, without this, it is not possible to determine precisely the numbers of companies which fall into each class.
During 1997–98 annual accounts registered at Companies House for each class of company were:
abbreviated (small) 38.2 per cent.abbreviated (medium) 0.6 per cent.full accounts 42.5 per cent.others (dormant etc.) 18.7 per cent.Using these percentages based on the 1.2 million companies currently on the register, it could therefore be argued that there are approximately 458,000 small companies, 7,000 medium companies and 510,000 large companies within the Companies Act 1985 definition.
£ Inspection Legal inspector's fees (including VAT) Accountant inspector's fees (including VAT) Total cost (including VAT) Mirror Group Newspapers plc 1,677,377 7,097,247 8,774,624 Queens Moat Houses plc 1,482,686 3,984,421 5,467,107 Wace UK Holdings Ltd. — — Inspection being carried out by Departmental staff Tinsley Robor plc — — Inspection being carried out by Departmental staff European Colour plc — — Inspection being carried out by Departmental staff