Scottish Limited Partnerships: Ownership

(asked on 25th February 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many Scottish Limited Partnerships are qualifying under the terms of the Scottish Partnerships (Register of People with Significant Control) Regulations 2017 and the Companies and Partnerships (Accounts and Audit) Regulations 2013.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 2nd March 2020

All registered Scottish Limited Partnerships (SLPs) are required to comply with the Scottish Partnerships (Register of People with Significant Control) Regulations 2017. As of 31 January 2020, there were 34,245 live1 Scottish limited partnerships (“SLPs”) on the register. Of these, Companies House considers around 10,800 of these SLPs to be active. These regulations also require a Scottish qualifying partnership (SQP) to register with Companies House and deliver information concerning its People with Significant Control (PSC). A SQP is a general partnership constituted under the law of Scotland that is a qualifying partnership under the Partnership (Accounts) Regulations 2008. As at the end of January 2020, there were 330 Scottish Qualified Partnerships bodies that declared as being eligible as SQPs.

  1. Live Scottish Limited Partnerships refers to Scottish Limited Partnerships that are not dissolved/closed. Under current legislation, Scottish Limited Partnerships are unable to dissolve/close or be removed from the register. Therefore, this will include on the register a significant volume that have not carried out any activity.
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