International good practices tim moss

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  • 3.2M – companies on the register
    530,000 number of incorporations projected for the year to 2014 to 15
    10 mins – fastest company incorporation
    298,000,000 transactions in CHIPS
    240 million searches (year end estimate)
    235,000,000 free searches (year end estimate)
    77.3% electronic take up as at 31 January 2014
    8.7 million transactions for the year
    64% engagement score. This was +1 from last year
    8.9 AWDL year to date January 2014

Transcript

  • 1. International Good Practices in Business Registers Tim Moss United Kingdom
  • 2. 3.2 10 530,000 235,000,000 240 MILLION 90,000 298,000,000 9981 8.7m
  • 3. Good Practice? Why?
  • 4. Making Limited Liability Work
  • 5. The Information Exchange
  • 6. Who / What is a Company?
  • 7. To make limited liability work we balance  The need for integrity with ease of doing business, lifting burdens to give  Corporate transparency
  • 8. Ease of doing business Integrity Transparency Burdens
  • 9. Integrity  Complete  Current  Correct – Challenges Accounts Compliance 99.1% Annual Return Compliance 98.2%
  • 10. Organisations Companies House works with on Fraud
  • 11. Ease of doing business  Better regulation  Customers insight  Usability  Designed for customer needs Leaving companies free to concentrate on growing their businesses
  • 12. Transparency  Data in data out  Standard formats  Open  Linkable  Reduces burden  More data  Global interconnection
  • 13. Open data – accessible and free  URI  APP  XML gateway  iXBRL bulk service  Free bulk product  Data formats: RDF, JSON, XML, CSV, YAML & HTML Companies House Open Data:
  • 14. Free Information
  • 15. Free Information
  • 16.  250% - 500% increase  New uses  Increases corporate transparency  Many eyes increases quality  Strategy for Full Open data – 2015? Companies House Open Data:
  • 17. 90,000 99% 130m
  • 18. Current services
  • 19. Companies House Service
  • 20. The future • Digital • Current & True • Open good practice?