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Five Burglar alarm company directors get 39½ years disqualification for breaching consumer laws

18 September 2014 12:40

Five directors of SAS Fire & Security Systems Limited (“SAS”), a company which sold monitored burglar alarms have been disqualified from acting as directors for a total of 39 ½ years for engaging in sales practices which breached consumer legislation and failing to rectify breaches in response to Trading Standards enforcement action.

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Directors of office cleaning company told to clean up their act

18 September 2014 11:48

Two directors of Manchester based JLK Partnership Ltd (“JLK”) have been disqualified for a total of 10 years for failing to maintain full accounting records or exercise proper control over the company’s affairs.

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Debt collecting company wound up for failing to deliver on its claims

18 September 2014 11:35

An Insolvency Service investigation into Express M S Limited, a Tyne & Wear company which acted as a debt collector, has led to the company being wound up in the High Court on 9 September for failing to provide the services it claimed it could.

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13 year disqualification for mobile phone company director who involved her companies in £91m VAT fraud

10 September 2014 12:45

Anthonia Ogbemudia, a director of Globalex Ltd (“Globalex”), a mobile phone and computer component wholesaler based in Wembley, Brent has been disqualified as a director by the High Court for 13 years for involving the company in a scheme linked to VAT fraud and making wrongful VAT reclaims against HM Revenue & Customs, resulting in a claim in the liquidation proceedings by HM Revenue & Customs of over £91 million.

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15 year disqualifications for mobile phone company directors over multi-million VAT fraud

09 September 2014 13:00

Brothers Waseem and Ajaz Saddique, directors of Winnact Ltd, mobile phone wholesalers based in Birmingham have been disqualified as director by the High Court for 15 years each at hearings on 7 May and 23 July for involving the company in a scheme linked to VAT fraud and making wrongful VAT reclaims against HM Revenue & Customs.

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£13m shortfall, 2,500 dissatisfied clients: former members of legal firm Wolstenholmes get combined 70 years’ director disqualifications

03 September 2014 10:00

Seven former members of Wolstenholmes LLP, which traded as a solicitors’ practice - and in existence since 1818 - have been disqualified from being directors for trading fraudulently and failing to keep proper books and records.

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28 year ban for directors who raided pension pots

26 August 2014 15:30

Three directors of a company providing financial investment advice and investment services, have been disqualified from acting as directors for a total of 28 years for making unauthorised investments from client pension funds and inappropriate investments on behalf of clients, resulting in liabilities of over £2.4million.

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Six directors landed with a total 74 years disqualification in landbanking scam

19 August 2014 12:15

Six men have been disqualified for a combined 74 years for taking over £13m after misleading over 300 investors in a landbanking scam, which included at least three companies that sourced and supplied the land and at least two companies which acted as the sales agents.

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Lift installers get 7-year bans for accepting customer deposits when company was insolvent

19 August 2014 11:55

Stuart Michael Conneely and Mark Orest Kaspruk, the directors of Chevron Lifts Ltd (“Chevron”), have been disqualified for 7 years each for accepting a deposit when they ought to have known there were no reasonable grounds for believing they would be able to provide the goods. They also entered into transactions to their benefit totalling £18,582 whilst Chevron was insolvent.

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High Court lands dodgy construction company director a 13 year ban for misappropriating company funds

19 August 2014 11:30

Marc John McKibbin, a director W.A. Construction Management Ltd and Warwick Avenue Ltd, has been disqualified for 13 years by the High Court on 9 July for misappropriating company funds to the tune of £830,534.

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Five year ban for director of company that worked on TV drama and documentaries

19 August 2014 11:30

Craig Antony Higgins, who ran Chepstow-based Mercury FX Limited, which provided graphic design for television documentaries, has been disqualified from acting as a director for five years, for allowing the company to trade to the detriment of H M Revenue & Customs (HMRC).

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11-year ban for Manchester accountant who failed to look after records or deal with tax affairs

19 August 2014 11:20

Bernard Vincent Haskell, 63, an accountant and director of two accounting companies, has been banned from being a director of a company for 11 years by Manchester County Court for failing to keep proper books and records or deal with the companies’ tax affairs.

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13 year ban for London director and financial advisor who misled investors

13 August 2014 13:00

Peter Thomas Carron, director of Primrose Associates Limited (‘Primrose’), Comment Technologies Limited (‘Comment’) and Evaluate Technologies Limited has been disqualified by the High Court from acting as a company director for 13 years for misleading investors in relation to two companies and for submitting false returns to his industry regulator and causing another company to trade to the detriment of HMRC.

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Furniture retailers get 5-year bans for accepting deposits and failing to deliver goods

12 August 2014 12:45

Kevin Jon Grey and Paul Collins, the directors of Manor Furniture (Swindon) Ltd (“Manor”), have been disqualified for five years each for putting customers’ funds at unreasonable risk by accepting deposits when they ought to have known there were no reasonable grounds for believing they would be able to provide the goods.

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Carbon credits and gold investment company which targeted the elderly and vulnerable is wound up in the public interest

12 August 2014 12:35

Kendrick Zale Ltd, a broking company which sold carbon credits and gold mining partnerships as investment opportunities was wound up in the public interest by the High Court on 16 July 2014 for making false claims about investment returns.

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Nine-year disqualification for director of vintage wine investment company who left investors £1m poorer

12 August 2014 12:30

Mr Ofosuhene Ofori-Duah, the director of Vintage International Limited (“Vintage”), a company incorporated to provide wine investment services to clients, has been disqualified from acting as a director for a period of 9 years for causing Vintage to trade with undue risk to its clients.

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Four-year ban for Ayrshire company director who failed to pay tax

12 August 2014 10:00

Brian Wilson, a director of Wester Limited, based in Ayr and trading in Derby, has been disqualified from acting as a company director for four years for taking for himself the money the company needed to pay its tax liabilities.

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Bankrupt handed prison term for acting as a company director

08 August 2014 12:45

Trevor Lawrence (aka Trevor Fail), a bankrupt and disqualified company director was sentenced on 14 July 2014 to 27 months imprisonment at Northampton Crown Court after pleading guilty to acting as a director of 4 separate building companies whilst a disqualified director.

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Short sighted West End optician sees four year ban for failing to pay tax

06 August 2014 12:45

Optician Kanti Liladhar Fatania, director of Limited Edition Tranquille Limited has been banned from acting as a director for 4 years for failing to pay taxes, following an investigation by the Insolvency Service.

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Directors banned for 9 years for attempting to remove an asset from company in liquidation

06 August 2014 12:30

The directors of a holding company which went into voluntary liquidation owing £222,274 have been disqualified for a combined 9 years from acting as directors for trying to disadvantage creditors by disposing of an asset that ought to have been included in the liquidation.

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Improved help for the financially vulnerable targeted

06 August 2014 09:30

Plans to increase the minimum debt which can trigger bankruptcy proceedings and improve the low cost debt relief system are being considered by the government.

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Prison sentence, community service and costs awarded against bankrupt who hid interest in property

04 August 2014 15:35

Mukhtar Singh, a bankrupt, has been sentenced on 9 July to 12 months imprisonment, suspended for two years, after pleading guilty to a fraudulent removal of property, perjury and making a material omission following a hearing at Walsall Magistrates’ Court.

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Legal products company which took £400K from clients in return for very little is wound up in the public interest

04 August 2014 15:30

Goldstar Law Limited, a Nottinghamshire company which sold legal products meant to protect clients’ assets through wills, trusts and lasting powers of attorney, has been wound up in the High Court for failing to provide the services it claimed it could.

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High Court orders carbon credit brokers Carbon Green Capital LLP and Agora Capital Ltd into provisional liquidation

30 July 2014 16:00

Carbon credit companies Carbon Green Capital LLP and Agora Capital Ltd have been ordered into provisional liquidation following petitions presented by the Secretary of State for Business, Innovation & Skills to wind up the companies in the public interest.

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Vince Cable seeks disciplinary actions for Comet administrators

25 July 2014 09:59

Business Secretary Vince Cable today announced that the Insolvency Service has referred the administrators of failed high street retailer Comet to their regulatory body for consideration of whether disciplinary action is appropriate on two grounds following an 18 month-investigation.

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