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.
Failed container haulier Deben Transport owed unsecured creditors close to £2.4m when it was placed into administration on 13 April, as well as more than £1.4m to HMRC.
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.