The 24% Project
Exploring shareholders with 24% - 24.99% ownership of UK businesses.
In the UK, only shareholders with 25% or more ownership must be declared as a Person of Significant Control (PSC).
That means anyone holding 24.0–24.99% stays just below the disclosure threshold.
These minority stakes are reported in company confirmation statements, but Companies House does not provide a way to search them. This makes these ownership structures hard to uncover in practice.
We’ve collated examples of 2,800 shareholders across 1,585 businesses with ownership stakes of 24% to 24.99% across UK companies into a single, searchable dataset.
Why focus on this slice? Because these edge cases matter: they can highlight deliberate structuring, reveal hidden connections, or expose patterns that usually remain buried.
Want to go deeper?
This portal highlights the edge cases.
To explore shareholdings under 24%, or to connect minority ownership data with other public records, use Cradle.
Our grounds for processing personal information
The lawful basis we rely on for processing personal information in this dataset is legitimate interests (Article 6(1)(f) UK GDPR). The processing is necessary for the legitimate interests we pursue, which are not outweighed by the rights and freedoms of the individuals whose data appears.
The legitimate interests pursued include the fulfilment of our mission to promote transparency and public accountability in company ownership and control. This dataset collates publicly available information from Companies House confirmation statements, which is licensed for re-use under the Open Government Licence v3.0.
We consider there to be significant public benefits in providing access to this data that are not outweighed by the rights and freedoms of the individuals concerned, such as:
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Facilitating access to an important aspect of the corporate record for members of the public, journalists, researchers, financial institutions, and regulators.
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Enabling scrutiny of patterns in company ownership, including instances where stakes are structured below disclosure thresholds, thereby supporting informed debate on corporate governance.
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Contributing to the accuracy and accountability of the UK corporate register by making this subset of shareholder data easier to analyse, which may in turn highlight errors or inconsistencies in official records.
This dataset is provided without inference. We do not make any claims or suggestions about the motives of shareholders, nor do we imply that individuals listed are acting unlawfully or are connected to sanctions evasion or other wrongdoing.
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