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Free Companies House data to boost UK economy

Companies House is to make all of its digital data available free of charge. This will make the UK one of the first countries to establish a truly open register of business information.  As a result, it will be easier for businesses and members of the public to research and scrutinise the activities and ownership of companies and connected individuals. Last year (2013/14), customers searching the Companies House website spent £8.7 million accessing company information on the register.

This is a considerable step forward in improving corporate transparency; a key strand of the G8 declaration at the Lough Erne summit in 2013.  It will also open up opportunities for entrepreneurs to come up with innovative ways of using the information.

This change will come into effect from the second quarter of 2015 (April – June).

For more information on this initiative http://companieshouse.gov.uk/freeDataPressNotice/index.shtml