ONS seeks new data source on UK firms’ overseas owners

Written by Sam Trendall on 24 May 2023 in News
News

Statistics agency looks to establish a single unified partnership

Credit: Piqsels

The Office for National Statistics is seeking to establish a new partnership for the provision of data concerning UK businesses with parent or subsidiary companies based overseas.

The agency has published a procurement notice outlining its intention to identify and appoint a single commercial partner that can provide such information, which is currently sourced through a combination of contracts with two separate providers.

The information being sought by the ONS – which does not pay for data itself, but may cover treatment or processing costs – includes details of “all UK businesses and their links to both domestic and foreign entities based on a threshold of 10% or greater voting share ownership”.


Related content


The statistics agency wishes to obtain “unique business identifiers… which will allow ONS to replicate the linkages [between companies] on internal systems”.

For all businesses, the office requires a UK profit and loss account, as well as the firm’s data of incorporation, legally registered name, address, registration number, and classification information.

In its search for a single supplier of all this information the ONS is particularly interested in suppliers that could “provide an API function to potentially access [and] receive linkage information and financial asset data in a live feed” .

Bids for the contract are open until 7 June with the statistics body hoping to enter into a two-year agreement with the chosen firm by the end of October.

 

About the author

Sam Trendall is editor of PublicTechnology. He can be reached on sam.trendall@publictechnology.net.

Share this page

Tags

Categories

CONTRIBUTIONS FROM READERS

Please login to post a comment or register for a free account.

Related Articles

CCS defends Digital Marketplace closure and pledges to ‘reinstate transparency’
3 May 2023

Suppliers and former officials have lamented the decision but procurement agency claims outgoing platform could no longer ‘accommodate growing demands’

Ministers pledge to remove Chinese tech from government sites
9 June 2023

Move comes alongside plan to create national security-focused procurement team

Home Office preps Plan B to ensure continuity of UK police database
8 June 2023

Department says that work to deliver replacement of 50-year-old system is on track but that it is ‘prudent’ to create a contingency plan

Home Office anti-terror comms-interception unit hires £6m project managers to address ‘lack of skill set’
6 June 2023

NCDS is currently engaged in ‘moving towards new ways of working’ to reflect legislative changes