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Company Directors

Volume 404: debated on Tuesday 15 April 2003

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To ask the Secretary of State for Trade and Industry what the average period is since 1997 for which disbarred company directors are barred from holding office.[108967]

The average period for which company directors have been barred from holding office from 1997 to date are as listed in the table.

Financial yearNumber of ordersAverage number of years
1999–20001,5405.45
2000–011,5485.49
2001–021,7615.38
2002–031,5945.41
Such figures for the two earlier years were not collected and could now be provided only at disproportionate cost.

To ask the Secretary of State for Trade and Industry how many company directors were barred from holding directorships in each year since 1997.[108968]

The number of directors of insolvent companies who have been disqualified under section 6 of the Company Directors Disqualification Act, 1986 from the financial year of 1996–97 to date are as listed in the table:

Financial yearTotal section 6 orders
1996–971,040
1997–981,267
1998–991,284
1999–20001,540
2000–011,548
2001–021,761
2002–031,594