Current status: Answered by Tom Arthur on 27 January 2025
To ask the Scottish Government, in light of the reportedly overdue filing of audited accounts by Alvance and Liberty Steel, whether any conditions, as part of any legal agreements between these companies and the Scottish Government, have been broken.
The requirement for Directors of companies registered in the United Kingdom to prepare and publish annual audited financial statements, subject to certain exemptions, arises from the Companies Act 2006 and not from contractual conditions.