Insolvency Service
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May- 2022 -3 MayBusiness
Personal Insolvencies reach three year high
The first quarter of 2022 (Q1) saw the number of individuals entering a personal insolvency procedure reach their highest total…
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Oct- 2021 -18 OctoberBusiness
September insolvencies increase by 56%
The number of registered company insolvencies increased by 56% in September 2021, according to the latest Insolvency Service figures. Company…
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Sep- 2021 -27 SeptemberCrime
Construction boss banned for negligent record keeping
An Arbroath construction director has been banned for seven years after failing to explain more than £700,000 worth of expenditure.…
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24 SeptemberCrime
Construction director banned for over £700,000 of tax failings
The Insolvency Service has issued a seven-year ban to an Arbroath construction director who failed to explain more than £700,000…
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15 SeptemberCrime
Car salesman banned for failing to pass on £750,000 to customers
The Insolvency Service has issued a nine-year bar to second-hand car salesman Steven Edwin Prosser after failing to pass on…
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10 SeptemberBusiness Recovery
Temporary insolvency restrictions to end in October
The government has announced that temporary insolvency restrictions protections which were brought in to support businesses during the pandemic will…
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7 SeptemberCrime
Couple receives ban for deceiving creditors of £124,000
The Insolvency Service has issued two nine-year bans to Jane Thornton and Norman Thornton from Telford, after diverting over £124,000…
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Aug- 2021 -26 AugustCrime
Restaurateur receives six-year ban for over £60,000 in under-declared taxes
The Insolvency Service has issued a six year disqualification for restauranteur Emad Abdolkhani after it was found he had under-declared…
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11 AugustCrime
Motor suppliers banned over fake documents to receive £176,000 worth of loans
The Insolvency Service has issued a total ban of 25 years for Peterborough-based mechanics and motor parts suppliers Adam Hughes…
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9 AugustCrime
Director receives ban for ‘risking’ £200,000 worth of pensions funds
The Insolvency Service has issued an eight-year disqualification to Philip James Hopkinson, director of Target Source Media Limited for risking…
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