Mark Hinchliffe, a disqualified director, who continued to act as director in the running of a company in breach of his disqualification, has been handed a further ban of 11 years following an investigation by the Insolvency Service which found he owed HMRC £176,000
Hinchliffe, who is based in West Yorkshire, was originally given a six year disqualification regarding a previous company, Composite Door Company Ltd, from May 2011. Composite Door Company Ltd, which supplied fitted doors to industry and the public, entered administration on 9 March 2009.
Another company, in the same line of business and called CDC Composite Door Company Limited (CDC), was incorporated 2 March 2009 and purchased the business of Composite Door Company Ltd from the administrator.
Despite his disqualification, Hinchliffe continued to act as a director of CDC and did not resign as a director.
CDC entered creditors’ voluntary liquidation on 21 August 2012 with a deficiency to creditors of £303,748. The company supplied and fitted doors to both industry and the general public.
The investigation found that CDC traded to the detriment of HMRC, who were owed over £176,000, whilst cash of over £97,000 was withdrawn from the company’s bank account and not accounted for by Hinchliffe.
Hinchliffe has now been banned from being a director for 11 years.
Robert Clarke, group leader of insolvent investigations north, which is part of the Insolvency Service said: ‘Directors who ignore their disqualification undertakings and continue to act as directors will be vigorously pursued by the Insolvency Service.’