Mark Ashley Robinson, RM Realisations 2014 Ltd director, has been disqualified for falsifying debtors on a computerised records system.
Mark Ashley Robinson, director of RM Realisations 2014 Ltd, previously known as Ravenace Metals Ltd has been disqualified from acting as a director of a limited company for seven years for falsifying debtors on the companys computerised records system.
An Insolvency Service investigation found Mr Robinson manipulated the companys computerised records system by increasing debtors by 118,780. The assets including the debtors were then sold to a new company on 27 August 2014, where it was later discovered they did not exist.
The Secretary Of State accepted a disqualification undertaking from Mr Robinson on 3 May 2016. The disqualification, from 24 May 2016 and effective for seven years, bans him from being a company director and from being involved in the management of a limited company in any way for the duration of the ban.
Susan MacLeod, Chief Investigator of Company Investigations at the Insolvency Service said:
Directors have a duty to ensure that their companies maintain proper accounting records, even where records are held electronically. Mr Robinsons failure to do his duty concealed the true asset position of the company from the subsequent purchaser.
The Insolvency Service will take action against directors who do not take their obligations seriously and abuse their position of trust.