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 business, VN Electrics Limited.

Ndlovu, from Spinney Crescent, Bury, failed to provide up-to-date financial records when VN Electrics went into liquidation in 2019. His failure prevented the Official Receiver from assessing the company’s financial position and liabilities.

Ndlovu incorporated VN Electrics Limited in May 2017. HM Customs & Excise wound up the company in October 2019 after it accumulated over £200,000 in unpaid taxes. Ndlovu never filed any accounts with Companies House, leading to his disqualification as a director in 2020.
In November 2018,

Ndlovu incorporated another company, Vertigo One Limited, but Companies House struck it off in 2020 for failing to file accounts.