Car dealer John Brian Capper from Shipley, West Yorkshire, has been sentenced to an 18-month community order, including 250 hours of unpaid work, after failing to provide books and records when his company was wound up due to alleged tax liabilities...
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Important insolvency legislation changes have been proposed which mean that Directors of dissolved companies, particularly those that have received government support through bounce back loans or CBILS, can be investigated by the...
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A furniture boss from Stockport has been banned for 8 years after declaring bankruptcy before starting a new company with a prohibited name. Allan Kenneth Barke (34), had been the director of Cheshire Fitted Furniture Limited from...
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The beginning of May saw the first letters go out requesting repayment of Bounce Back Loans (BBLs) which were made available by the Government from March 2021. But what happens if you can’t afford to pay back the loan and if you are a...
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Ban for Kent takeaway boss who hid sales to avoid tax Good View takeaway on Watling Street in Dartford was incorporated in April 2016, with Yue Chang Dai (56) the sole Director. The Company was unable to pay its debts and was placed into...
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Two company directors who provided prospective shareholders with false information to secure millions in investments have been banned for a total of 17 years. Lee Anthony Skinner has been banned for 10 years, while Karen Ferreira has...
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Government (belatedly) reintroduces suspension of wrongful trading rules The wrongful trading suspension was reactivated by the UK Government last week. What does this mean? In insolvency, directors that side-step their legal and fiduciary...
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In insolvency, directors that side-step their legal and fiduciary responsibilities may be disqualified from being able to act as a director for a period of time. It is imperative that during difficult trading conditions directors remain vigilant...
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Director of Bishops Stortford car dealership banned after entering into illegitimate contracts with customers breaching arrangements with finance providers 123 Motors Ltd was incorporated in July 2015 and traded as car dealership from premises in...
Read more...Boss of holiday parks firm has been banned for 14 years after investors were owed more than £19 million in failed investment scheme. Harlow-based Simon Moir (58) has been disqualified from acting as a director for 14 years. From 22 September, the...
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