In last week’s Campaign agency performance survey, it was stated
that Banks Hoggins O’Shea failed to disclose employee numbers to
Companies House and this contravened the Companies Act. Banks Hoggins
O’Shea has asked us to point out that, under section 247 of the
Companies Act, it is not required to publish employee numbers.
Unfortunately, incorrect employee numbers were also used compiling the
data featured in our ’operating profit per head’ section of this
Had the correct data been used, Banks Hoggins O’Shea would not have been
included in the ’going down’ section and it would in fact have ranked in
the ’top ten league for gross income per head’ section.
Campaign apologies to Banks Hoggins O’Shea for any false and damaging
impression the article may have given.