Hull: 01482 224763
Pocklington: 01759 305165
  • slider-1.jpg
  • slider-2.jpg
  • slider-3.jpg
  • slider-4.jpg

helping you unlock your potential

Latest News

On your e-bike
11/06/2019 - More...
The Cycling Minister, Michael Ellis, has...

HMRC cancels penalties charged to 6,000 families
11/06/2019 - More...
The High Income Child Benefit Charge...

HMRC blocks phone fraudsters
11/06/2019 - More...
Fraudsters have been blocked from using...

Search News

Company director imprisoned

Source: HM Government | | 10/10/2018

A director of a company that manufactured security systems has been found guilty of two counts of fraudulent trading and one count of fraudulently removing property in anticipation of winding up. He was sentenced to two years in prison after defrauding his creditors to the tune of £600,000. The man has also been banned from directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company under an eight year directorship disqualification.

Between 2009 and 2011 the company in question began having financial difficulties and was later placed into administration before being liquidated in August 2013. Investigators from the Insolvency Service looked into the conduct of the company’s sole director and found that he was fully aware the company was performing poorly and could not meet its liabilities. However, he continued to conduct business and avoided paying his creditors.

Glenn Wicks, lead investigating officer for the Insolvency Service, said:

'This man systematically ripped off two companies with no intention of paying either his creditors or his tax liabilities and took every opportunity to dishonestly maximise his income and personal finances prior to his company's liquidation. The courts have shown that they will always consider imprisonment for this type of offence and we are pleased with the final result.'



Hull Office

1 Parliament Street
Hull
East Yorkshire
HU1 2AS
Tel: 01482 224763
Fax: 01482 214874

Pocklington Office

7 Lockwood Court,
Market Place,
Pocklington,
YO42 2QW
Tel: 01759 305165
Fax: 01759 305985

Membership

Newsletter

With our newsletter, you automatically receive our latest news by e-mail and get access to the archive including advanced search options!

» Sign up for the Newsletter
» Login