Baroness Kramer – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Baroness Kramer on 2016-06-09.

To ask Her Majesty’s Government how many UK companies are subsidiaries of another company that is registered (1) within the EU, or (2) in the rest of the world; and what estimate they have made of the total value of those UK companies.

Baroness Neville-Rolfe

Companies House’s role is to hold the register of UK companies and make the information available to the public. Its role is not to provide detailed analysis on companies. Providing an accurate figure on the number and value of UK companies that are subsidiaries of other non-UK companies would breach the disproportionate cost threshold given the volume and complexity of the information within the dataset.