Insolvency Service
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Mar- 2021 -2 MarchEconomy
Insolvency Service payouts hit record high
The government’s insolvency service paid out a total of £453m from the National Insurance Fund in 2020 to former members…
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Feb- 2021 -19 FebruaryBusiness Recovery
January company insolvencies plummets to 752
The Insolvency Service has reported that the number of registered company insolvencies across England and Wales in January 2021 fell…
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9 FebruaryCrime
Restaurateur banned for tax fraud
The director of Simla Restaurant, a Warwickshire-based firm that traded as Simla Tandoori, has been banned for five years after…
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8 FebruaryCrime
Director faces 10-year ban for creating fake invoices
The director of a Sign and Displays company in Lescier has been disqualified for 10 years after submitting false invoices…
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4 FebruaryCrime
Manufacturing director banned for £500,000 loan scheme scam
The director of HE Kowles, a metal manufacturer, has been banned from directing a company for eight years after fraudulently…
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1 FebruaryCrime
Leicester director jailed for ‘inadequate’ accounts
The director of Miss Pebbles Clothing, a Leicester-based garment manufacturer, has been sentenced to six months in jail after failing…
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1 FebruaryAccounting Standards
Insolvency Service bans former company director for 11 years
Liam Francis Wainwright, former director of Rawdon Asset Finance Limited (RAF), has been banned by the Insolvency Service for 11…
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Jan- 2021 -25 JanuaryCrime
Property companies dissolved for malpractice
Rationale Asset Management (RAM), Value Asset Management (VAM), and Merydion Corporation, have been wound up after being found to have…
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21 JanuaryCrime
Manchester director admits £190,000 tax fraud
Cristopher Carr, the director of Manchester-based Carr’s BK, has been banned for 11 years after fraudulently claiming nearly £200,000 in…
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13 JanuaryCrime
Electrician banned after failing to explain £1m of expenses
The sole director of GJES London, an electrical contracting company, has received a seven year ban from running companies after…
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