Helen Anderson, 39, was a director of Paranoid Expedition Engineering Ltd (PEEL), which traded as Paranoid Industries from four sites in Bidford-on-Avon in Warwickshire. The company was set up in June 2014 and specialised in the manufacture of parts and accessories for vehicles, and vehicle maintenance and repair.

When the company went into administration in January 2021, an Insolvency Service investigation was launched.

This found that when PEEL was insolvent Anderson made payments totalling £137,810 to an associated company where she was a director and shareholder, to the detriment of the general body of creditors of PEEL.

‘Anderson knew or ought to have concluded that PEEL had no reasonable prospect of success,’ the Insolvency Service said.

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