Guidance

Negligible value claims and agreements

How to make a negligible value claim for unquoted shares, and how to check if shares previously quoted on the London Stock Exchange now have negligible value.

What ‘negligible value’ means

For tax purposes there is no accepted definition of ‘negligible value’, but generally it applies to assets that have become worth next to nothing while someone has owned them.

Assets cannot have been of negligible value when you acquired them, they must have become of negligible value while you have owned them.

How to make a negligible value claim

If you can give evidence to HMRC that shows that your assets no longer have any value since you acquired them, you may be able to make a negligible value claim. You can use this to realise a loss to reduce your Capital Gains Tax liability.

Make a claim by either:

  • writing to your tax office
  • entering a negligible value on your tax return

Your tax office may ask the Shares and Assets Valuation team to consider your claim.

Negligible value claims for company shares and securities

If the company is in liquidation or receivership

You’ll need to give the following information:

  • a statement of affairs for the company and any subsidiaries
  • a letter from the liquidator or receiver showing whether any return will be made to the shareholders
  • details of how this decision was reached (for example, a balance sheet showing significantly more debts than assets)
  • any evidence that no recovery or rescue of the company is likely (for example, a statement that the company has ceased trading)

If the company is not in liquidation or receivership

You’ll need to give full and comprehensive information that shows that the shares or securities have become of negligible value.

Negligible value agreements and claims for previously quoted companies

HMRC publishes a list of shares and securities in companies that were previously quoted on the London Stock Exchange and that have been accepted as being of negligible value.

You can use it to find shares which have been declared as being worth negligible value up to and including 29 February 2024.

You’ll still have to submit your claim to HMRC if you own shares or securities for a company shown on the list.

A list is not published for:

  • unquoted companies
  • companies formerly quoted on the Alternative Investment Market and PLUS Market
  • non-UK companies

How to use the Negligible Value Agreement list

To check if your shares or securities were quoted on the London Stock Exchange, and have been declared as being of negligible value, select the first letter of the company name in the Negligible Value Agreement list index.

The word ‘security’ represents the ownership interest held by the shareholders in a company, realised in the form of publicly traded stock or shares which includes ordinary shares and preferred stock.

The ‘effective date’ is the date that an agreement or transaction becomes binding, that is the date (or length of time) on which a claim to Negligible Value on the shown security is valid.

The ‘dissolved date’ is the date the company ceased to legally exist. You cannot make a negligible value claim on or after the date the company has been dissolved.

Negligible Value Agreement list index

Companies: A to C

A

Company Security Effective date Dissolved
AB Airlines Ord 3p 5 Apr 2000 10 Aug 2002
Abaca Ord 5p 1992 to 1993 30 Jul 2002
Aberdeen High Income Trust plc All 6 Nov 2002
Aberdeen Pref Income Trust plc All 6 Nov 2002
Aberfoyle Holdings Shs 8p 1993 to 1994
ABI Leisure Group Ord 10p 1998 to 1999 5 Apr 2005
Affinity Internet Holdings plc Ords 10p 28 Apr 2003
Afren Ords 31 Jul 2015
Airbreak Leisure Group Ord 5p 1992 to 1993 21 May 2002
Airflow Streamlines plc Ords 25p 9 Feb 2006
AiRedale Holdings 7.5p (net)
First red pref 50p
1992 to 1993 1 Jul 2003
Airfix Industries Ord 20p 1980 to 1981 12 Feb 1991
Alan Paul Ord 5p 1991 to 1992 17 Jul 2001
Albemarle & Bond
Holdings plc
Ords 16 May 2014
Albert Fisher Group (The) All 19 Aug 2002
Alexandra plc Ord 10p 29 Jul 2010
Allied Partnership Group Ord 5p
10% Conv red pref £1
1992 to 1993 1992 to 1993
Alpha Estates Ord 5p 1991 to 1992 11 Dec 2001
Argonaut Games plc Ords 28 Feb 2005 12 Aug 2006
Arley Holdings Ord 25p 1990 to 1991 20 Jul 1999
Associated-Henriques Ord 5p 1990 to 1991 1 Jun 2004
Astra Holdings Ord 10p 1991 to 1992 5 Dec 2006
ASW Holdings plc All
11% Pref £1
17 Jan 2003 1990 to 1991
AT Trust Ord 30p 1990 to 1991 15 May 2001
Atlantic Telecom All 2 Mar 2002
ATP Communications Group Ord 5p
6.5% Conv Red
Pref 1998/00
1993 to 1994
1993 to 1994
28 Aug 2001
Audit & General Ord 25p 1991 to 1992 31 Aug 2004
Authority Investments Ord 20p
8% ConvUns
Ln Stk 2006/11
1990 to 1991
1990 to 1991
15 May 2001
Automotive Precision All 6 Jan 2005
Avaleaon plc All 21 Oct 2002 26 Aug 2003

B

Company Security Effective date Dissolved
Babcock Prebon Ord 10p
6.75p (net) Red
Conv pref 20p
8.5p (net) Red
Conv pref 20p
1991 to 1992
1991 to 1992
1991 to 1992
15 May 2001
Barget Ord 25p 1985 to 1986
Barings 5-3/4% 1st
Pref £1
7-1/4% 1st
Pref £1
8% 1st Pref £1
8% 2nd Pref £1
8.25%
Perpectual notes
9-3/4% N C
Pref £1
1994 to 1995
1994 to 1995
1994 to 1995
1994 to 1995
18 Nov 2002
1994 to 1995
Baron Corporation plc 16 Jun 2005
Barrett (Henry) Group Ord 10p all 1992 to 1993
16 Oct 2001
11 Sep 2007
Beckenham Group Ord 25p
Warrants to subscribe for Ord
1995 to 1996
1995 to 1996
18 Jul 2006
Beira Town Sites SHS 7p 1976 to 1977
Bennett & Fountain Group plc All 1997 to 1998 22 Jun 2004
Berkeley Berry Birch plc 10p Ords 5 Apr 2006
Bestwood Ord 5p 1990 1991 23 Mar 1999
Beverley Group Ord 1p 1998 to 1999 1 Sep 2002
Bimec Industries Ord 5p 1994 to 1995 28 Jan 2003
Bioglan Pharma plc All 28 Feb 2002
Blanchards Ord 10p 1995 to 1996 9 Apr 1996
Bom Holdings Ord 2-1/2p
10% Pref 25p
1989 to 1990
1989 to 1990
24 Jul 1992
Bond Worth Holdings Ord 25p
12% Conv pref £1
12% Conv UNS
LN STK 1982
1978 to 1979
1978 to 1979
1978 to 1979
Bradford & Bingley plc For more details read
Revenue and Customs Brief 16/09 on the National Archives website.
Shares 29 Sep 2008
Brayhead Ord 10p 1975 to 1976 16 Jul 2007
Brent Walker Group Ord 10p
Warrants to subscribe for Ord
Var rate 2nd Conv red pref 2000/07
8.5% 3rd Conv
Red Pref
2007/10 £1
8.5% 4th Red
Pref 2007/12 £1
1997 to 1998
1997 to 1998
1997 to 1998
1997 to 1998
1997 to 1998
British Chrome Tanning Co Ord 25p
7-1/2% Pref £1
1977 to 1978
1977 to 1978
18 Mar 1985
British Enkalon Ord 25p 1981 to 1982 15 May 2001
Brittains Ord 25p
4.2% Pref £1
9% Conv red
2nd Pref £1
7-3/4% UNS LN
STK 1979/81
1980 to 1981
1980 to 1981
1980 to 1981
1980 to 1981
20 Jul 2004
Broadwell Land Ord 50p 1990 to 1991 28 Jun 2005
Brown (James) & Co 6% Pref £1 1968 to 1969
Bulex Ord 25p 1973 to 1974 3 Oct 2000
Bullers All 1998 to 1999 18 Jun 2002
Burad Holdings Intl SHS 10p
A Ord 1p
12.75% Red
Conv pref £1
1991 to 1992
1991 to 1992
1991 to 1992
1 Apr 2003
Burns-Anderson Group Ord 10p 1992 to 1993 1 May 2001
Butte Mining Ords £500 (unlisted) 1 Jan 1999
Butte Mining 10% (net)
Conv red
Pref 10p
1 Jan 1999
BV Group plc All 10 Jan 2005 25 Feb 2006
Byard Holdings Ord 10p 1970 to 1971 31 Dec 1981

C

Company Security Effective date Dissolved
C & H (Hotels) Ord £1 1975 to 1976 21 Dec 1999
Cabra Estates Ord 25p 1993 to 1994 18 Feb 2003
Cadoro plc Ord 1p 1 Sep 1999 13 Apr 2006
Calluna plc Ord 5p 19 Jan 2000 23 Sep 2005
Cammell Laird Hdgs Ords 5 Apr 2002
Campari International Ord 50p 1996 to 1997 3 Sep 2002
Campbell & Armstrong Ord 5p 1998 to 1999 11 Mar 2003
Caravans International Ord 20p 1982 to 1983 28 Mar 1989
Carillion plc All 15 Jan 2018
Carter & Carter Group plc Ord 4p 14 Apr 2008
Cawdaw Industrial Hdgs Ord 25p 1981 to 1982 16 Mar 1999
Cedar plc 5p Ords 1 Jan 2005
Cellular Telecom Holdings Ord 10p 1995 to 1996 20 Jun 2000
Century Securities Ord 10p 1976 to 1977 12 Dec 1989
Chadwick Webb Processing All 1999 to 2000 12 Mar 2002
Chamberlain Phipps Group Ord 10p 1996 to 1997
Chancery Ord 25p 1992 to 1993
Charterhall SHS 5p 1990 to 1991 26 Jan 1999
Chelsea Man Ord 5p 1995 to 1996 12 May 1998
Chequers Group Ord 5p 1992 to 1993 16 Aug 2005
Circaprint Holdings Ord 10p 1991 to 1992 15 Jan 2001
City & Westminster Group Ord 1p
10% Conv UNS
LN STK 1998
1991 to 1992
1991 to 1992
9 Dec 1998
Citygrove Ord 10p
7.75% Conv
Red pref £1
1990 to 1991
1990 to 1991
28 Nov 2000
Claims Direct plc 1p Ord 30 Jan 2003
Clark, Son & Morland 7% 2nd Pref £1 1982 to 1983 17 Jan 2006
Clarke Foods Ord 5p 1992 to 1993 6 May 2003
Clearmark Group Ord 25p 1992 to 1993 20 Apr 1999
Close FTSE 100 Trust plc Capital and income shares only 14 Oct 2004
CMW Group Ord 5p 1993 to 1994 29 Oct 2002
Coal Investments Ord 1p 1996 to 1997
Colorgraphic Ord 10p 1992 to 1993 29 Aug 2007
Coloroll Group Ord 10p 1990 to 1991 3 Jun 2003
Conder Group Ord 5p 1992 to 1993 20 Jan 2006
Consolidated Coal Ord 1p 1999 to 2000 19 July 2006
Conviviality PLC All 2017 to 2018
Corton Beach Ord 10p
7.5p (net) Conv
Red pref 10p
Conv red pref
1997/00 10p
1990 to 1991
1990 to 1991
1990 to 1991
12 Aug 2003
Courts plc All 15 Feb 2005
Cox Industries Ord 10p 1975 to 1976 6 Apr 2004
Crossley Brothers 7% N C PrefD
Ord 25p
DEFD Ord 25p
5% Pref 25p
1966 to 1967
1966 to 1967
1966 to 1967
Crown Communications Ord 10p 1992 to 1993 4 Apr 2000
Crown Products Group Ord 5p 1997 to 1998 31 Jul 2000
Crowther (John) Group 5% Pref £1 1990 to 1991 23 Feb 1999

Companies: D to F

D

Company Security Effective date Dissolved
Danogue plc 5p Ords 1 May 2003
Dartmoor Invst Trust plc Ords 10p 31 Mar 2003
Datrontech Group plc Ords 6 Nov 2001 28 Nov 2006
Dawson International plc Ords 9 Dec 2013
De Vries Ind Diamonds Ord 5p
6-3/4%
Conv LN STK
1965 to 1966
1965 to 1966
Debenhams plc Ords 13 Jun 2019
Delaney Group plc Ord 2p 2000 to 2001 15 May 2001
Dennis (James H) Ord 10p 1984 to 1985 30 Sep 1999
Dimplex Industries Ord 5p 1977 to 1978 26 Sep 2000
Dollar Land Holdings Ord £1 1971 to 1972
Dominion Intl Group Ord 20p 1989 to 1990
Donelon Tyson Ord 10p 1995 to 1996 15 Jun 2004
Dorran Construction Ord 20p 1967 to 1968
Dreyfus & Co Ord 20p
6% Pref £1
1966 to 1967 1966 to 1967
Drings of Bath Ord 0.2p (AIM) 1998 to 1999 16 Jun 2004
DTZ Holding plc 5p Ords 4 Dec 2011
Dunkeld Group Ord 1p 1993 to 1994 15 Feb 2000

E

Company Security Effective date Dissolved
Eagle Trust Ord 2.5p 1989 to 1990 16 Nov 1999
EC Cases Ord 10p 1985 to 1986 10 Apr 2001
Egas Ord 5p 1969 to 1970
Egerton Trust Ord 25p
7% Conv red
Pref £1
9.75% 1st Red
Pref £1
1991 to 1992
1991 to 1992
1991 to 1992
12 Aug 2003
EIT Group Ord 5p
Warrants to subscribe for Ord
1993 to 1994
1993 to 1994
23 Feb 1999
Elbief plc All 16 Jan 2003
Elderidge, Stableford & Co Ord 5p 1974 to 1975
Elliott (E) Ord 25p 1983 to 1984
Endeavors plc Ords 26 Sep 2008
Energis plc 10p Ords 30 Sep 2002
Ennstone plc Ord 25p 2 Apr 2009
Enterprise Computer HDGS Ord 10p 1995 to 1996 12 Jun 2007
Entertainment Rights plc Ords 1 Apr 2009
Equity & General SHS 5p 1990 to 1991 15 Jun 2004
Erinaceous Group plc Ords 0.5p 23 Mar 2010
Erostin Group Ord 25p 1990 to 1991 3 Oct 2000
Espley Trust Ord 25p
11-1/2% Conv
UNS LN STK
1968
1985 to 1986
1985 to 1986
11 Dec 2004
Essex Furniture Ord 5p 1999 to 2000 24 Mar 2005

F

Company Security Effective date Dissolved
Fairbairn Lawson Ord 25p 1980 to 1981 26 Feb 2001
Fairfield Shipbuilding & Eng 6% Pref £10 1965 to 1966 7 Sep 1999
Fastrack Group plc All 2000 to 2001 9 Oct 2007
Federated Housing Ord 5p
9-1/2% Red
Pref 1995 £1
1990 to 1991
1990 to 1991
28 Nov 2000
Ferranti International Ord 10p
Special SH 1p
5.6% 1st Pref £1
3.5% 2nd Red
Pref £1
3rd Pref £1
1993 to 1994
1993 to 1994
1993 to 1994
1993 to 1994
1993 to 1994
Ferrari Holdings Ord 25p
9.5% (net)
Conv red pref £1
1990 to 1991
1990 to 1991
14 Dec 1999
Fii Group plc Ord 25p 21 Oct 2005
Flare Group plc Ord 5p 31 Mar 2001 7 Sep 2007
Fobel International Ord 10p
8% UNS LN STK
1988/93
1991 to 1992
1991 to 1992
2 Dec 2004
Ford Sellar Morris Props Ord 20p 1992 to 1993 3 Nov 2004
Forth Investments Ord 2p 1991 to 1992 1 Mar 1996
Framlington Health & Income Fund All 9 Mar 2004
Framlington Split Income Trust Ord 10p and Zero Pref 10p 6 Apr 2004 15 May 2006
Full Circle Industries Ord 1p 1999 to 2000 1 Apr 2003

Companies: G to I

G

Company Security Effective date Dissolved
Gartmore Balanced Assets Trust All 13 Oct 2004
Gartmore Distribution Trust Ords 15 Mar 2004
Gartons Ord 10p
7-1/2% Pref £1
1983 to 1984 1983 to 1984
Gaskell plc Ord 5p 22 Nov 2007
GBE International Ord 10p 1999 to 2000
Geared Income Securities All 29 Apr 2003
Geared Income Inv Trust plc All 10 Apr 2003
Geared Opportunities Income Trust Ords 15 Mar 2004
Gearhouse Group plc All 8 Jan 2003
GEI International plc All 11 May 2001 11 Apr 2006
General Eng Co (Radcliffe) SHS 10p 1979 to 1980 6 Apr 2004
Globe Petroleum Ord £1 1996 to 1997 30 Sep 2003
Globo Plc ords 10 Nov 2015 28 Jan 2017
Godwin Warren Ctrl Systems Ord 25p 1988 to 1989 27 Apr 1999
Goldman H Group Ord 25p
9-1/4% GTD
UNS LN STK
1982
1986 to 1987
1986 to 1987
Goldring Ord 10p 1976 to 1977
Govett European Enhanced
Inv Trust plc
1p Ords 31 Aug 2005
18 Jul 2006
Govett European Technology
& Income Trust plc
Ords 31 Aug 2005
Great Western Consolidated SHS A$1 1970 to 1971
Greaves Organisation Ord 10p 1977 to 1978 31 Jan 2004
Greenhills Ord 1p (AIM) 1996 to 1997 2 Jan 2001
Grovebell Group Ord 5p
7.5% Conv Red
Pref £1
1986 to 1987
1986 to 1987
18 Apr 1999
Grovewood Securities Ord 25p
8% Conv UNS
LN STK 2000/03
1991 to 1992
1991 to 1992
9 Apr 2002
Guardian Group Ord 5p 1994 to 1995
Guiterman(s) & Co Ord 10p
5-1/2% Pref £1
1966 to 1967
1966 to 1967

H

Company Security Effective date Dissolved
Hampson Industries plc 25p Ords 4 Dec 2012
Handley Page Ord 25p
6% Pref £1
8% Conv UNS LN STK
1976/78
1969 to 1970
1969 to 1970
1969 to 1970
3 Jul 2001
Hanover Druce Ord 10p
6.75% Conv
UNS LN STK
1976/78
1991 to 1992
1991 to 1992
30 Nov 1999
Hardanger Properties Ord 10p 1991 to 1992 4 Apr 2000
Harland Simon Group Ord 10p 1993 to 1994 27 Mar 2001
Hartle Machinery Intl Ord 25p 1979 to 1980 23 Feb 1999
Hartley Baird Ord 5p 1991 to 1992 16 Mar 1999
Hay & Robertson plc All 17 Feb 2004
Health Clinic plc (The) All 12 Dec 2002
Healthcare Holdings Ord 10p 1993 to 1994 24 Oct 2000
Heenan Spark Ord 10p 1975 to 1976 18 Dec 1990
Helene plc All 5 Apr 1998 9 Mar 2004
Helm Chocolate (Holdings) 7% Red pref £1 1969 to 1970
Henlys Group plc All 23 Jun 2004
Heritage Ord 10p 1996 to 1997
Herman Smith Ord 10p 1985 to 1986 9 Apr 2002
Heywood Williams Group plc Ords 18 Nov 2009
H.M. Holdings Ord 25p 1988 to 1989 26 Oct 2007
HMV Media Group Ords 20 Dec 2013
Hollas Group (The) Ord 5p 1998 to 1999 18 Dec 2001
Honobilt Group Ord 5p 1990 to 1991 10 Apr 2001
Hughes Food Group Ord 5p 1991 to 1992 6 Mar 2007
Humphreys Ord 25p 1970 to 1971

I

Company Security Effective date Dissolved
Independent Energy Holdings plc All 15 Nov 2000 9 Apr 2007
Independent Insurance Group plc All 5 Apr 2002
International Food Machinery Ord 2p 1995 to 1996
International Resort Holdings Ord 25p 1992 to 1993 1 May 2007
Intersolar Group Ords and Prefs 17 Jan 2004 19 Apr 2005
Intu Properties plc All 8 Oct 2020
Investment & Property HDGS Ord 25p 1976 to 1977 11 Feb 1994
Irevolution Group plc All 14 Jan 2004
Israel - British Bank Ord £10 1974 to 1975

Companies: J to L

J

Company Security Effective date Dissolved
Jarvis plc Ord 5p 26 Mar 2010
Jasmin plc Ord 25p 18 Mar 2004
Jessel Trust Ord 25p 1976 to 1977 22 Feb 2002
John Foster & Son plc Ord 25p 17 Aug 2002
John Lusty Group plc All 10 Oct 2002
Jove Investment Trust CAP 16 Dec 2004

K

Company Security Effective date Dissolved
Keatway International Ord 10p 1992 to 1993 31 Aug 2004
Kendell Ord 0.5p 1997 to 1998
Kentish Property Group Ord 5p 1989 to 1990 5 Jun 2001
Knowledge Management Software plc All 1 Nov 2002 9 Dec 2003
Kurunegala Holdings Ord 7-1/2p 1972 to 1973 6 Apr 2004

L

Company Security Effective date Dissolved
L Gardner Group plc Ords 1 Mar 2003 19 Feb 2008
Lane Fox & Co Ord 20p 1975 to 1976 7 Apr 1987
Leading Leisure Ord 5p 1990 to 1991 9 Jan 2007
Leeds United plc 1p Ords 19 Mar 2004 31 Oct 2006
Leggmason Investors American American Ord 0.1p 18 Nov 2003
Leggmason Investors Income & Growth All 15 Mar 2004
Leggmason Investors Strategic Assets Trust plc Ord 1p 25 Feb 2003 5 Jan 2005
Leggmason Inv Strat Assets Sec plc ZDP Shares 28 Nov 2004
Leicester City plc All 27 Feb 2003
LEP Group Ord 2p 1 Jan 1996 31 Aug 2005
Lesney Products Ord 5
RES VTG Ord 5p
7-1/2% Pref £1
1982 to 1983
1982 to 1983
1982 to 1983
26 Aug 2002
Leveraged Income Fund Limited Zero Dividend
Preference Ords
3 Dec 2007 3 Dec 2007
Lewson International Ord 12-1/2p 1976 to 1977
Lightship Ord 20p 1994 to 1995 28 Mar 2000
Lilley Ord 12.5p 1992 to 1993
Lister & Co Ord 25p
5% Pref £1
4% DEB STK
Red
1999 to 2000
1999 to 2000
1999 to 2000
Litho Supplies plc Ords 21 Jul 2010
London & Liverpool Trust Ord 10p 1984 to 1985 23 May 2000
London Mining plc All 16 Oct 2014
London Scottish Bank plc
The Government has ensured
that the retail depositors will receive
their monies deposited in full.
However, it does appear
that this will not apply
to the unsecured creditors.
10p Ords 8 Oct 2010
London United Investment SHS 20p 1990 to 1991
Lord (Cyril) Ord 25p
6-1/2% Red
Pref £1
1968 to 1969 1968 to 1969
Lowndes Queensway Ord 5p 1990 to 1991
Lyle Shipping Ord 25p
PrefD Ord 5p
6-3/4% Pref £1
1988 to 1989
1988 to 1989
1988 to 1989
16 May 1997
Lyon & Lyon 5-1/2%
(now 4.1% net)
Pref £1
1990 to 1991 21 Dec 1999

Companies: M to O

M

Company Security Effective date Dissolved
Mackie International Group Ord 10p 1998 to 1999
Mahoney (Martin) & Brothers B Ord IR 25p 1978 to 1979
Main (A&J) & Co Ord £1 1972 to 1973 6 Oct 1987
Marchpole Holdings plc Ords 1 Jul 2009
Marconi

For Capital Gains Tax purposes the receipt of the Marconi Corporation shares and warrants will be treated as a part disposal of shares in Marconi plc.

In calculating the allowable expenditure to be used in the chargeable gains computation the base cost is to be apportioned using part disposal formula A÷A+B.

The A element will be the value of the Marconi Corporation shares and warrants received, the B element will be nil.
Ord 5p 19 May 2003
Martin Currie High Income Trust plc All 5 Apr 2003 9 Jun 2007
Mason & Barry SHS 25p 1968 to 1969 20 Jun 1989
Maxwell Communication Corpn Ord 25p 1991 to 1992
McLaughlin & Harvey Ord 25p 1998 to 1999
Media Zeros plc All 14 Oct 2004
Melody Mills Ord 25p 1982 to 1983 25 Jan 2000
Melville Group Ord 1p 1994 to 1995 31 Oct 2006
Meteor Technology Ord 10p
Warrants to subscribe for Ord
1998 to 1999
1998 to 1999
27 Nov 2001
Mettoy Co Ord 25p
DEFD Ord 25p
1984 to 1985
1984 to 1985
29 May 2001
Mice Group plc Ords 20 Dec 2007
Midland & Scottish Resources All 1998 to 1999 20 Apr 2006
Milbury Ord 25p 1985 to 1986 7 Sep 2007
Miller Fisher Group plc 5p Ords 30 Apr 2003 28 Feb 2006
Miller (Stanley) Holdings Ord 10p 1990 to 1991 29 Jan 2002
Miskin Group Ord 1p 1997 to 1998
Mitchell Construction HDGS Ord 25p
7% Pref £1
1972 to 1973
1972 to 1973
28 Sep 2004
Modern Eng Bristol (Hldgs) Ord 25p 1984 to 1985 19 Aug 2003
Motor Rail Ord 25p 1980 to 1981 15 Dec 1987
Mouchel Group plc Ords 0.25p 28 Aug 2012
Mountleigh Group plc Ord 25p
6-1/2%
Pref £1
1992 to 1993
1992 to 1993

N

Company Security Effective date Dissolved
Navan Mining plc All
5.25% Conv Red
Pref £1
5 Apr 2003
1992 to 1993
3 Jul 2007
New Star Enhanced Income Trust plc All 3 Sep 2003 1 May 2005
Newgate Trust Ord 1p 1993 to 1994 22 Jan 2002
Newmark (Louis) Ord 25p 1996 to 1997
Norbury Insulation Group Ord 25p 1973 to 1974 22 Jun 2004
Norfolk House Group Ord 5p 1990 to 1991 5 Sep 2000
North British Locomotive Co Ord £1
5% Pref £1
5% A Pref £1
Nil at 6 Apr 1965
Nil at 6 Apr 1965
Nil at 6 Apr 1965
Northborough Inv Trust Ord 25p 1979 to 1980 18 May 1999
16 Feb 1999
Northern Rock plc Shares 22 Feb 2008
Northumbrian Fine Foods plc Ords 5p 20 Aug 2001
Norton Group Ord 12.5p 1992 to 1993 17 Oct 2000
Norvic Securities Ord 10p
8% Conv Uns
Ln Stk 1982
1981 to 1982
1981 to 1982
16 Oct 1990
Nova (Jersey) Knit Ord 20p 1985 to 1986
Novalal Ord 5p 1992 to 1993 22 Jan 2002
NSM Ord 25p 1997 to 1998

O

Company Security Effective date Dissolved
On Demand Information Ord 1p 1998 to 1999 23 Sep 2006
Opus Holdings Ord 20p 1966 to 1967
Oxford Virology Ord 5p 1992 to 1993 29 Apr 2007

Companies: P to R

P

Company Security Effective date Dissolved
Palma Group (aka Pex) All 2000 to 2001 8 Sep 2007
Palmerston Holdings plc Ords 11 Oct 1995
Panfida Group Ord 25p 1992 to 1993
Paradise (B) Ord 10p 1982 to 1983 5 Apr 2005
Parkfield Group Ord 2p
Red pref
2010/13 £1
1990 to 1991
1990 to 1991
Partners Holdings All 2000 to 2001 17 Jun 2003
Patent Industrial Group Ord 25p 1976 to 1977 9 Jan 2001
Pavilion Leisure Shs 10p 1991 to 1992
Pavion International Ord 25p
5-1/2% (now 3.85% net) Pref £1
7-1/2% (now 5.25% net) Pref £1
1991 to 1992
1991 to 1992
1991 to 1992
7 May 2002
Pawson (WL) & Son Ord 5p 1981 to 1982 24 Oct 2000
Peak Investments Ord 10p 1980 to 1981 11 Oct 1989
Pennant Properties Ord 10p
Ord 10p
1990 to 1991
1994 to 1995
8 Apr 2003
Pentos 4-1/2% Pref £1 1994 to 1995 17 Jul 2007
Peters (Michael) Group Ord 25p 1990 to 1991 4 Apr 2000
Pex see Palma Group
Photobition Group plc 5p Ords 31 Oct 2001
Pickles (William) Ord 10p
A NON VTG Ord 10p
5-1/2% Pref £1
1983 to 1984
1983 to 1984
1983 to 1984
12 Jun 2001
Planestation Group plc Ords 11 Jul 2006
Plastiseal Ord 5p 1992 to 1993 1 May 2001
Po Na Na Group plc All 1 May 2003 14 Aug 2007
Polly Peck International Ord 10p
6% Conv Red
Pref £1
1991 to 1992
1991 to 1992
Premier UK Dual Return Trust plc 0.1p Capital Shares 16 Jan 2009
Pressac plc Ords 14 Jun 2006
Principal Hotels Group Ord 5p
11% Conv UNS
LN STK 1994/98
1991 to 1992
1991 to 1992
10 Sep 2002
Prospect Industries Ord 1p 1997 to 1998 1 Jul 2003

Q

Company Security Effective date Dissolved
QSP Group plc Ord 0.2p 17 Oct 2001 3 May 2005
Quilter Global Eenhanced Income Trust plc All 3 Oct 2003 11 Oct 2005

R

Company Security Effective date Dissolved
Rackwood Mineral Holdings plc All 29 Apr 1999 14 Apr 2003
Rage plc 1p Ords 19 Mar 2003
Reece plc All 20 Mar 2003 30 Dec 2003
Regent Corpn Ord 1p
34.2% Pref £1
1998 to 1999
1998 to 1999
16 Jan 2001
Regent Inns plc Ords 10 Dec 2010
Reliant Group Ord 10p 1991 to 1992 16 Mar 1999
Renaissance Holdings Ord 25p
Warrants to subscribe for Ord
8.5% Conv UNS LN STK 1994
1991 to 1992
1991 to 1992
1991 to 1992
6 Aug 2002
Rentminster Ord 5p 1992 to 1993 25 Jan 2000
Resort Hotels Ord 50p
12.375% 1st
MORT DEB STK 2016
1994 to 1995
1994 to 1995
28 Aug 2007
Revalation Picadilly Holdings Ord 2.5p 1998 to 1999 23 Nov 2004
Richards & Wallington Ind Ord 10p
DEFD 10p
1981 to 1982
1981 to 1982
13 Jul 1999
Rippingilles Ord 25p 1971 to 1972 28 Mar 1989
Rivington Reed Ord 25p
9-1/2% Conv
Red Pref £1
1980 to 1981
1980 to 1981
22 Aug 2000
RKF Group Ord 10p 1990 to 1991 27 Sep 2005
Rockfort Group Ord 20p 1991 to 1992 8 Jan 2005
Rockwood Holdings Ord 10p
8.5% (net)
Conv Red Pref £1
1990 to 1991
1990 to 1991
29 Jul 2003
Rosehaugh Ord 20p 1994 to 1995 10 Dec 2002
Rotaprint Ord 1/2p 1987 to 1988 3 Jun 1993

Companies: S to U

S

Company Security Effective date Dissolved
Sale Tilney Ord 25p
5% Red NON
VTG Pref £1
1992 to 1993
1992 to 1993
1 May 2007
Sauniere plc Zero Div Pref 8 Apr 2005
Save Group plc All 10 Jan 2002 13 May 2008
Scotcross Ord 25p
6-1/2% Red
Pref £1
6% UNS LN STK
1986/88
1984 to 1985
1984 to 1985
1984 to 1985
8 Aug 2006
Scotia Holdings plc Ord 5p 29 Jan 2001
Scott (David) Group SHS 10p 1983 to 1984 12 Sep 2000
Scottish Heritable Trust Ord 25p 1993 to 1994
SCS Satellite Comms Systems Ord 20p 1997 to 1998 30 Jul 2002
Second Scottish National Trust plc Ords 24 Sep 2004
Security & General Media All 1998 to 1999 23 Aug 2005
Sharp & Law Ord 10p
Red conv pref
1995 10p
1989 to 1990
1989 to 1990
16 Oct 2001
SLG Realisations plc Ord 1p 7 Mar 2003
SnackHouse plc Ords 11 Oct 2001 17 Jan 2006
Sock Shop International Ord 5p 1990 to 1991 23 Apr 2004
Solex A RES VTG SHS
50p
1985 to 1986 9 Aug 1995
Sonic Sound Audio Holdings Ord 10p 1982 to 1983
Sound Diffusion Ord 5p
7.25% Conv Red
Pref £1
1988 to 1989
1988 to 1989
11 Apr 2006
11 Apr 2006
South Green Holdings All 1997 to 1998 13 Nov 2001
Solvera All 1999 to 2000 4 Apr 2007
Sparrow, Hardwick 7% Pref £1 1983 to 1984 4 Dec 2001
Spencer (George) Ord 25p 1989 to 1990 18 Jun 2001
Speyhawk Ord 10p
9.75% Red pref
2014 £1
1993 to 1994
1995 to 1996
25 Sep 2001
Sportsworld Media Group plc All 17 Jan 2003 25 Feb 2009
St David’s Investment Trust plc All 24 Jun 2004 3 Dec 2008
Staflex International SHS 25p 1978 to 1979 11 Feb 2003
Stoddard International plc Ord 10p
4% Cumulative
Pref £1
6 Jan 2005
6 Jan 2005
Stone-Platt Industries Ord 25p
Conv PrefD Ord
25p
4.3% Pref £1
1981 to 1982
1981 to 1982
1981 to 1982
5 Jun 2001
Storedale plc All 29 Sep 2006 16 Feb 2008
Sturla Holdings Ord 2p
6-1/2% Pref £1
1984 to 1985
1984 to 1985
24 Jul 1989
Sunleigh plc Ords 7 Jun 2001 8 Dec 2008

T

Company Security Effective date Dissolved
Tams (John) Group Ord 10p 1999 to 2000 13 May 2008
Thames Investment & Securities Ord £1
12% Conv Red
Pref 75p
1985 to 1986
1985 to 1986
22 Dec 1987
The Mayflower Corporation Ords 5p 31 Mar 2004
The Media & Income Trust plc Ords 2.5p 15 Mar 2004
The Monthly High Income Trust plc Geared ords 4 Dec 2003
The Quarterly High Income Trust plc Ords 2.5p 15 Mar 2004
The Quarterly High Income Trust plc Zero dividend prefs 6 Oct 2005
The Technology & Income Trust Limited Ord 1p 5 Apr 2005
The Yorkshire Group plc All 7 Oct 2004
Timberweb plc All 5 Apr 2002 27 Aug 2003
Total Office Group Ord 5p 1999 to 2000 12 Apr 2005
Transtec All 1999 to 2000
Tranwood Ord 5p 1991 to 1992 13 June 2000
Trilion Ord 10p 1992 to 1993 19 Sep 2000
Triumph Investment Trust Ord 25p 1974 to 1975 18 Jun 2002
Trust plc
Turriff Corpn Ord 25p
5-1/2% Pref £1
1991 to 1992
1991 to 1992
6 Sep 2003

U

Company Security Effective date Dissolved
Union International 6% Pref £1
7% Pref £1
1995 to 1996
1995 to 1996
10 May 2004
Uno All 1999 to 2000
Utility Cable Ord 1p 1989 to 1999 2 Nov 2007

Companies: V to Z

V

Company Security Effective date Dissolved
Vanco plc Ord 5p 29 Jul 2008
Versailles Group Ord 1p 2000 to 2001
Viners Ord 1p
Ord 10p
4.9% Pref £1
10% Conv red
SECD LN STK
1988
1982 to 1983
1982 to 1983
1982 to 1983
1982 to 1983
27 Mar 2001
Virtuality Group plc All 12 Apr 2002 7 May 2005
Vista plc All 1998 to 1999 11 Feb 2000
Vocalis Group plc Ords 11 Aug 2004 7 Feb 2006
Voice Recognition Software Ord 11 Aug 2004 7 Feb 2006
Vosper Ord LTD VTG
25p
1986 to 1987 6 Dec 1999

W

Company Security Effective date Dissolved
W Ribbons Holdings Ord 10p
10% Conv red
Pref 1995/96 £1
1984 to 1985
1986 to 1987
9 Aug 2005
Wakebourne Ord 40p 1997 to 1998 24 Oct 2000
Ward Group Ord 5p 1992 to 1993
Warner Estate Holdings plc Ords 28 Feb 2014
Warringtons Ord 25p 1991 to 1992
Waterford Wedgwood UK plc
(As well as the UK listing, this company was also listed on the Irish Stock Exchange from 17 Dec 2008 until 5 Jan 2009)
Stock units 29 Apr 2010
Wayrol Ord 2p 1995 to 1996 31 Aug 2005
Weatherly International plc Ord 5p 29 Jul 2018
Wescol Group plc All 8 Jan 2003 22 Aug 2006
West Industries Ord 5p 1992 to 1993 3 Aug 1999
Westerly Ord 10p
11% Pref £1
1991 to 1992
1991 to 1992
28 Jan 2003
Weston Medical Group plc Ord 1p 28 Feb 2003
Willaire Group Ord 20p
Fixed rate
Conv red pref 2p
1992 to 1993 10 Jul 2001
Williams (Ben) & Co Ord 10p
6% pref £1
1984 to 1985
1984 to 1985
30 Aug 1988
Williams Hudson 4-1/2% pref £1 1982 to 1983 14 Aug 2007
Williams Hudson Ord 20p
8% pref £1
8-1/2% Conv
UNS STK
1990/95
1982 to 1983
1982 to 1983
1982 to 1983
14 Aug 2007
Williams (John) Industries Ord 25p 1992 to 1993 6 Nov 2007
Woolworths Group plc Ords 26 Feb 2009
World of Leather All 1999 to 2000
World Telecom Ord 2p 1999 to 2000
Wyatt (Woodrow) (Holdings) Ord 5p 1983 to 1984

X

Company Security Effective date Dissolved
XL Communications Ord 5p
Warrants to subscribe for ord
1998 to 1999
1998 to 1999

Y

Company Security Effective date Dissolved
Yorkshire Food Group Ord 10p 1997 to 1998 12 Aug 2005
Yorkshire Group plc All 10 Oct 2004
Published 25 June 2014
Last updated 19 March 2024 + show all updates
  1. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 29 February 2024.

  2. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 January 2024.

  3. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 December 2023.

  4. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 October 2023.

  5. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 30 September 2023.

  6. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 July 2023.

  7. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 30 June 2023.

  8. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 May 2023.

  9. Negligible value agreements and claims for previously quoted companies has been updated. The date has been amended to confirm that HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 30 April 2023.

  10. The negligible value list includes shares up to and including 31 March 2023.

  11. 'Negligible value agreements and claims for previously quoted companies' has been updated. The date has been amended to confirm that HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 28 February 2023.

  12. Negligible value agreements and claims for previously quoted companies' has been updated. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 January 2023.

  13. Negligible value agreements and claims for previously quoted companies' has been updated. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 December 2022.

  14. 'Negligible value agreements and claims for previously quoted companies' has been updated. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 30 November 2022.

  15. Negligible value agreements and claims for previously quoted companies' has been updated. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 October 2022.

  16. Negligible value agreements and claims for previously quoted companies' has been updated. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 30 September 2022.

  17. Negligible value agreements and claims for previously quoted companies' has been updated. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 August 2022.

  18. Negligible value agreements and claims for previously quoted companies' has been updated. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 July 2022.

  19. Negligible value agreements and claims for previously quoted companies' has been updated. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 30 June 2022.

  20. Negligible value agreements and claims for previously quoted companies' has been updated. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 31 May 2022.

  21. Guidance about negligible value agreements and claims for previously quoted companies has been updated.

  22. The ‘Negligible value agreements and claims for previously quoted companies’ section has been updated, to show you can use the HMRC list to find shares that have been declared as being worth negligible value up to and including 31 March 2022.

  23. The date in the section 'Negligible value agreements and claims for previously quoted companies' has been updated. HMRC's list of shares which have been declared as being worth negligible value is now valid up to and including 28 February 2022.

  24. HMRC's list of shares which have been declared as being worth negligible value has been updated to be valid until 31 December 2021.

  25. The list of companies that have been accepted as being of negligible value has been updated.

  26. The date in the section 'Negligible value agreements and claims for previously quoted companies' has been changed to 31 July 2021.

  27. The date in the section 'Negligible value agreements and claims for previously quoted companies' has been changed to 30 June 2021.

  28. The date in the section 'Negligible value agreements and claims for previously quoted companies' has been changed to 31 May 2021.

  29. Guidance about negligible value agreements and claims for previously quoted companies has been updated.

  30. Guidance about negligible value agreements and claims for previously quoted companies has been updated.

  31. A new Negligible Value Agreement has been added to the list. The date in the section 'Negligible Value Agreements and claims for previously quoted companies' has been changed to 28 February 2021.

  32. The date in the section 'Negligible value agreements and claims for previously quoted companies' has been changed to 31 January 2021.

  33. The date in the section 'Negligible value agreements and claims for previously quoted companies' has been changed to 31 December 2020.

  34. A new negligible value agreement for Debenhams plc has been added to the list and the date in the section 'negligible value agreements and claims for previously quoted companies' has been changed to 30 November 2020.

  35. The date in the section 'Negligible value agreements and claims for previously quoted companies' has been changed to 31 October 2020.

  36. The date in the section 'Negligible value agreements and claims for previously quoted companies' has been changed to 30 September 2020.

  37. The date in the section 'Negligible value agreements and claims for previously quoted companies' has been changed to 31 August 2020.

  38. The date in the section 'Negligible value agreements and claims for previously quoted companies' has been changed to 31 July 2020.

  39. The date for when shares can be declared as being worth negligible value has been amended.

  40. The date for when shares can be declared as being worth negligible value has been amended.

  41. A new Negligible Value agreement has been added to the list.

  42. A new Negligible Value agreement for Weatherly International plc has been added.

  43. There were no new Negligible Value agreements added to the list between February 2019 and December 2019.

  44. Information about how to make a negligible value claim has been updated.

  45. Information about what negligible value means and how to make a negligible value claim has been added.

  46. There were no new Negligible Value agreements added to the list during January 2019.

  47. There were no new Negligible Value agreements added to the list during December 2018.

  48. There were no new Negligible Value agreements added to the list during October 2018.

  49. There were no new Negligible Value agreements added to the list during June 2018.

  50. A new Negligible Value agreement for Carillion plc has been added to the list.

  51. A new Negligible Value agreement for GLOBO PLC has been added to the list.

  52. First published.