Directors Banned After £4 Million Investor Loss in Derby Student Accommodation Development Three directors involved in a troubled student accommodation project in Derby have been banned from the corporate arena for seven years after their misleading investment practices resulted in over £4 million lost by investors. The individuals, Fraser MacDonald, Gavin Barry, and Edward Fowkes, […]
A company director who refused to submit accounting records and cooperate with the Insolvency Service after his company went into liquidation has been jailed. Vezubuhle Ndlovu received a 10-month prison sentence at Manchester Crown Court on October 15, 2024. He had admitted to offences under the Insolvency Act and Companies Act related to his […]
Misleading Corporate Rescue Firms Wound Up After UK Insolvency Investigation Two corporate rescue firms, Atherton Corporate (UK) Ltd and Atherton Corporate Rescue Ltd, were wound up after misleading directors of distressed companies into believing they could sell their businesses and avoid debts. A UK Insolvency Service investigation uncovered these misleading corporate rescue schemes, leading to […]
An article in this week’s Financial Mail on Sunday with the Headline Avoid Tradesafer like the Plague raises all kinds of issues about the proliferation of online Trading platforms. Tradesafer.com presents itself as a user-friendly platform, promising lucrative investment opportunities across various asset classes, including stocks, commodities, and cryptocurrencies. The Tradesafer Website offers […]
On 13.10.2023 In the High Court of Justice, Business & Property Courts of England & Wales an order was made to place IBP Markets Limited into Special Administration. James Bennett and David Soden Insolvency Practitioners of Teneo Financial Advisory Limited, The Colmore Building, 20 Colmore Circus, Queensway, Birmingham, B4 6AT were appointed as Special Administrators and […]
Our previous News item notified you that Austin Fraser Limited had been placed into Administration on 8.9.2023. Since then, the Administrators have released their first interim report dated 6.10.2023. It has now been confirmed that the business and assets of Austin Fraser Lid were sold under a Pre-Pack process immediately upon the appointment of […]
on the 8.9.2023 at High Court of Justice, Business and Property Courts of England and Wales an Administration Order was Made against Austin Fraser Limited. Matthew Ingram (IP No. 10790) and Steven Muncaster (IP No. 9446) both of Kroll Advisory Ltd were appointed as Joint Administrators Kroll Advisory Limited are based at The Chancery, 58 Spring Gardens, Manchester, M2 1EW. and […]
Regent Envelopes Limited was placed into Administration by an order made at the High Court of Justice Business and Property Courts in Leeds on 26.7.2023. David Antony Willis (IP No. 9180) and Mark Hodgett (IP No. 24990) and Philip Edward Pierce (IP No. 9364) all of FRP Advisory Trading Limited, 1st Floor, 34 Falcon Court, Preston Farm Business Park, Stockton on Tees, TS18 3TX have been appointed as […]
On 30.6.2023 City Credit Capital (UK) Limited at the request of the Directors was placed into Administration. Ultimately the Company has now ceased to trade. Gary Paul Shankland and Jamie Taylor of Begbies Traynor, 31st Floor, 40 Bank Street, E14 5NR and Christopher Andersen of AABRS Limited, Langley House, Park Road, London, N2 8EY […]
Law Direct Limited (Company Number 07561747) was placed into Administration by order of the High Courts of Justice on 20.6.2023 Stephen Katz (IP No. 8681) and Paul Cooper (IP No. 15452) both of Begbies Traynor (London) LLP, situated at 31st Floor, 40 Bank Street, London, E14 5NR were appointed as Joint Administrators. Law […]
