Tulip Siddiq – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Tulip Siddiq on 2016-05-06.

To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 3 May 2016 to Question 35753, how many and which companies have not confirmed to Companies House that they no longer have bearer shares; and what action he plans to take against such companies.

Anna Soubry

As of 6 May 2016, 63 companies had not informed Companies House that they no longer have bearer shares.

No action will be taken against these companies at the present time. There is no statutory obligation for any company that has converted bearer shares to registered shares to inform Companies House until it delivers its annual return or confirmation statement.

I have requested the Registrar of Companies to write to the Hon Member with the list of the company names.