Insolvency Service

Nobleread Ltd has been wound up by the High Court and the Official Receiver has been appointed liquidator of the company.

A director of three property management companies based in Glasgow has been disqualified as a director for 12 years after using his companies to take out Bounce Back Loans totalling £135,000 that the companies were not eligible for. Brendan Michael Gaughan, 40, was director of Gaughan Group Lt

A construction boss has been disqualified as a director for 11 years after he took £200,000 of taxpayers’ money through the Bounce Back Loan scheme that his companies were not entitled to. Stephen Burke, 63, from Rotherham, was director of four companies that provided services to co

The director of an Edinburgh construction agency has been disqualified as a director for six years after he breached legal obligations by failing to maintain adequate accounting records.

The director of a liquidated construction company has been banned for seven years after failing to explain more than £700,000 worth of expenditure. Forfar Sheriff Court heard that Angel Tas Limited was incorporated in October 2017 and Cristina Angelica Tasca (27), from Arbroath, was appoi

A married couple has been banned for nine years each after diverting over £124,000 away from creditors. Jane Thornton (54) and Norman Thornton (65), from Telford, were both directors of the construction company Norjan (Properties) Limited, which went into liquidation in July 2020 with liabilit

The directors of an East Kilbride double glazing firm have been disqualified after failing to keep records to explain where £2.4 million had been spent from the company bank accounts. Hagit Fieldman, 54, and Gary Fieldman, 58, both now living in Israel, were directors of First For Wi

Two property directors who abused millions of investor funds and a scaffolder who disposed of assets prior to bankruptcy have all been banned by the Insolvency Service.

A surveyor has been banned for five years after failing to provide adequate accounting records and not complying with tax obligations.

The UK Government has launched new legal action against eight former directors of failed contractor Carillion which could see them banned from running businesses for up to 15 years.

Property developers Richard Black, from Collessie, and William Edmiston, from Kirkcaldy, have been banned for a total of 13 years after failing to pay tax on a land deal.

HK Construction boss Hardip Singh Khaira from Coatbridge has been banned from running companies for nine years after he submitted false tax returns.

Former Muirfield Contracts chairman John Stodart has been disqualified as a director after he was found to have taken more than £880,000 from the company as it faced financial ruin. More than 280 workers lost their jobs when administrators begun an orderly wind-down of the Dundee building firm in 2

The weaker pound, Brexit and falling house prices have all had an effect on the increasing number of insolvencies in the UK construction sector, according to RSM Restructuring Advisory LLP. Corporate insolvency figures released by the Insolvency Service revealed that a total of 2,764 company failure

The director of a Glasgow contractor has been disqualified for failing to maintain and preserve adequate company records. David Simpson Duffy was the sole director of Annick Structures Ltd (ASL), which traded as a construction and civil engineering company.