Companies: Fines

(asked on 1st November 2022) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy what was the total value of financial penalties imposed on (a) company directors and (b) other company officers for offences related to registration requirements for People with Significant Control under 21A of the Companies Act 2006, as amended, in each year since 2016.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 7th November 2022

The total value of financial penalties imposed on (a) company directors for an offence related to the registration requirements for People with Significant Control under Part 21A of the Companies Act 2006 for each year since 2016 is:

2016 is nil

2017 is nil

2018 (from 1 March 2018) is £5,270.00

2019 is £42,421.00

2020 is £8,960.00

2021 is £51,978.00

2022 (up to 30th September) is £33,585.00

The total value of financial penalties imposed on (b) other company officers is nil.

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