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 […]
Ballyvesey Holdings saw a fourfold profits fall in 2019 in what the company described as a “difficult” year in an intensely competitive market.
David Nicholson, former owner of Nicholson’s Transport, which went under in June last year, has been found guilty of fraudulently evading payment of over £130,000 of VAT and given a 22-month suspended prison sentence.
Eddie Stobart Limited (ESL) slashed its losses by 77% in 2020 after exiting a number of “unprofitable” contracts, implementing cost cutting measures and applying a new accounting standard.