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Published byShelby Pryde Modified over 10 years ago
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Companies House New Challenges for the Registries: Challenges for Companies House Paul Reynolds Senior Policy Advisor: Europe
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providing company information that customers value
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Government Agendas Streamlined interaction with government Digital Interconnection Open Data / Public Sector Information Transparency Growth Austerity and efficiency
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CH Challenge BURDENS TRANSPARENCY INTEGRITY
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Burdens
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Company names Out of date legislation Annual filing requirements Requirements to keep information Digital communication Duplication Amending the register Penalties Red Tape Challenge
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Open Data and Transparency
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Data Free Integrity OPEN Transparent Accurate
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181 3 MILLION 298,000,000 175 430m 200% 130m
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181M
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Transparency and access Accessible data More data Free data Dynamic data, linked data, mashed data … Enhanced corporate transparency Efficiency Automation Open Data – The Power of information
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Use of accounts (data) Financial health – new suppliers, lending Financial ratios / gearing Credit evaluation / solvency Market Analysis: Competitor, Customer, Supplier Tax assessment
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Integrity and Accuracy
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Integrity & Accuracy Over 8 million transactions each year Accounts and Annual Return compliance Low level of complaint post registration Future potential for improving Identity Assurance The power of digital Reviewing and using our powers Better remedies
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STRATEGIC OBJECTIVES EASE OF USE
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Thank you for listening Any questions? Paul Reynolds: preynolds@companieshouse.gov.uk preynolds@companieshouse.gov.uk
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