You are probably reading
this webpage because you have received correspondence from us requesting
information on the ownership of the business.
The correspondence
from us explains the legal basis for the request for business information, the
statutory responsibility to respond immediately
in writing and also provides information on the statutory provisions that make
responding a legal responsibility. The
correspondence also explains the potential penalties for non-compliance.
The issue of a formal
notice seeking information on a business does not
necessarily mean that we have been instructed to pursue a debt against the
business. There are many other potential
reasons why we may be seeking the information.
If we are pursuing a debt against
the business, we will correspond with the business accordingly in due course. The statutory basis for the demand for
business information does not require that the business has any debts. Accordingly, our correspondence does not
provide any information on our client (if any)
or any information on any debt (if one exists).
You “must secure that the information required ...
is immediately given, by written notice, to any person with whom anything is
done or discussed in the course of the business and who asks for that
information.”
Legislation: Companies
Act 2006, s1202 (2)
Failure to provide the information requested is an
offence. “A person guilty of an offence under this section is liable on summary
conviction to a fine not exceeding level 3 on the standard scale [£1,000] and, for continued contravention, a daily
default fine not exceeding one-tenth of level 3 on the standard scale [£100
per day].”
Legislation:
Companies Act 2006, s1205 (3)
Legislation: The
Criminal Justice Act 1982, s37 (as amended)
The information required is:
“ in the case
of an individual, his name;
in the case
of a partnership, the name of each member of the partnership;
and in relation to each person so named, an address in
the United Kingdom at which service of any document relating in any way to the
business will be effective.”
Legislation: Companies
Act 2006, s1201
Potential penalty for non-compliance:
£1,000 fine plus £100 per day
We have provided a
convenient form to enable you to provide the relevant information to us
promptly. If preferred, the completed
form can be scanned / photographed and sent as an email attachment to research@debtcollectionservice.uk
