Former Euromix Concrete finance director David Marsh has been disqualified for eight years from any involvement in the promotion, formation or management of a company. It came after he provided the Insolvency Service with a disqualification undertaking, having admitted to fraudulent abuse of an invoice discounting facility. Marsh’s abuse involved him claiming funds for non-existent invoices and claiming to have made payments to the invoice discounters when no cheques were banked or were banked at a later date, the Insolvency […]
More than one-third of transport and haulage businesses in the UK are at risk of collapse, according to insolvency trade body R3.
NWF Group, parent of Boughey Distribution, has recruited Brendon Banner as its new group finance director. Banner, who will take up his role in early November, is currently group finance director at steel engineering and fabrication group William Hare. He replaces Jonathan Ford, who is leaving NWF at the end of September to take up the role of chief financial officer at HomeServe. Earlier this month NWF reported that Boughey Distribution has seen turnover fall by £2.2m after the loss […]
A haulage director has been disqualified for eight and a half years after an investigation found more than half a million pounds of VAT was neither reported nor paid.