Monthly Archives: October 2016

Moves to delete Companies House records will impede compensation claims from asbestos victims

The Guardian recently reported that Companies House was planning to delete millions of records it holds on dissolved companies. The proposals are to delete records older than 6 years old. There seems to be no pressing need for this, other than administrative convenience, but the consequences for asbestos victims seeking to pursue claims for compensation could be devastating.

Asbestos diseases develop many years after the asbestos exposure that caused them. For example, the average latency period before mesothelioma develops is about 35 years. In the intervening period, the employer who caused the asbestos exposure may have gone out of business. Furthermore, the person who develops the disease may not remember the name of their employer, or know whether the original employer changed its name or was a subsidiary of another company.