Section 54 of the Modern Slavery Act, and other regulations that have financial criteria for compliance can be complicated to determine. TISCreport verifies all data via the Companies House data set as well as others, which enables us to provide more granular details of companies and their compliance status. The wording of the non-financial regulations we monitor have been open to multiple interpretations, and whilst we anticipate that these will be resolved in the subsequent iterations to legislation, we have to reflect these complex statuses within our systems. Thanks to feedback from users, we have been told that these greatly increase their abilities to perform more detailed audits on their suppliers, especially where the legislation wording makes it challenging to do so. All these statuses apply to the most recent complete financial year:
Required to Comply: These companies have reported their turnovers to Companies House and their turnovers and trading statuses mean they are most likely to be in scope for the regulation.
Not required to Comply: These companies have reported their turnovers to Companies House and their turnovers and/or trading statuses mean they are not likely to be in scope for the regulation.
Unconfirmed Turnovers: company turnovers are only confirmed when a company has uploaded their end of year accounts to Companies House and the figure is declared within those accounts. If we are unable to confirm turnover (and therefore whether or not the company is in our out of scope) it is because their turnover has not yet been reported. As a buyer or regulator you can ask them if they believe they are in scope and if so, to upload their compliance statement to TISCreport to enable all other buyers to access it easily via their own dashboards.
Required to comply and have produced a statement: These companies are in scope and their statement has been located/uploaded to TISCreport.
Required to comply & no statement could be found: This means that according to reported turnover and trading status, the company appears from the outside to be in scope for Section 54, and that no statement was either located on their site or submitted by them upon request by our system. TISCreport members are encouraged to ask their suppliers to submit their statements via tiscreport.org to update all of their buyers and potential buyers of their compliance using the built in supplier management functions.
Not required to comply or unconfirmed: Until a turnover is reported to Companies House, it is not possible to determine if a company is in scope for certain regulations. COVID-19 has made the uncertainty greater because deadlines for accounts submissions have been extended. It is possible therefore, to be within scope but not show as being in scope until turnovers can be accessed.
With statements that meet all Home Office criteria: These companies are deemed to be in scope for the regulation and have met the technical requirements specified in the Home Office statutory guidance.
Do not meet all the Home Office criteria: These companies are deemed to be in scope for the regulation and have not met all the technical requirements specified in the Home Office statutory guidance.
Statement AI Audits Pending: These companies are deemed to be in scope for the regulation and their statements have been queued for being audited by the TISCreport AI for compliance with the technical criteria specified in the Home Office statutory guidance. If you are a paid member you can access audit results for your own statement by viewing it whilst logged in.  The AI Audit data subscription for your suppliers' statements can be added via your user account. You can find out more about it in the AI Audit FAQ.