Insolvency Service

Company insolvencies rise 63% in June

Company insolvencies across England and Wales jumped 63% year-on-year to 1,207 during June 2021.

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Director banned after trying to reclaim £3.3m in VAT

The director of metals and electrical goods store, David Smalley, has been disqualified for four years after he failed to…

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11-year ban for payroll boss in tax avoidance scheme

A Leicester payroll services boss has been banned for orchestrating a “multi-million pound tax avoidance scheme”, while failing to justify…

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Number of director disqualifications falls 24%

The number of company directors that have been disqualified by the Insolvency Service fell by 24% in the last year,…

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Company insolvencies decline 23% in April

The number of registered company insolvencies across England and Wales April 2021 fell by 23% year-on-year to 925.

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Lettings company director banned for ‘emptying company bank account’

A Harlow director has been disqualified for seven years after he cleared the bank account of a letting company following…

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Insolvency Service confirms board level changes

The Insolvency Service has named Mark Austen as its new chair, with three new appointments also joining the board on…

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Company insolvencies fall 20% in March

The number of registered company insolvencies in England and Wales in March 2021 was 992, a year-on-year decline of 20%.

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Bankrupt furniture maker faces eight year ban for acting as director

A Stockport furniture boss has been banned for eight years after declaring bankruptcy before starting a new company with a…

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Property directors banned for £7.7m investor funds abuse

Two directors of the property firm Grosvenor Property Developers have been banned for a combined 25 years after abusing £7.7m…

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