Michael Ashton is disqualified from running any company for ten years for continuing to act as a director while*disqualified.
Mr Ashton gave a disqualification undertaking to the Secretary of State for Business, Energy and Industrial Strategy, not to run or control a company without leave of the Court until 14 May 2027.
An investigation found that Mr Ashton had been the dircector of MA Partitioning, Ceilings & Joinery Ltd in breach of a previous five year disqualification undertaking that had been due to expire on 6 October 2018. MA Partitioning failed to submit statutory returns to HM Revenue and Customs and traded to their detriment. HMRC were owed ?516,057 at liquidation or in the alternative he failed to ensure that the company deregistered for VAT, PAYE and CIS.
In 2013 as a director of CNT Ancillaries Ltd, Mr Ashton had failed to ensure the company maintained adequate accounting records and failed to ensure the company complied with its statutory obligations to HM Revenue and Customs, causing the company to trade to their detriment. This misconduct had resulted in the earlier director disqualification undertaking.
Aldona O? Hara, Investigation Leader, Insolvent Investigations Midlands & West at the Insolvency Service, said:
This result should make it very clear to disqualified directors who ignore their disqualification undertakings and continue to act as directors that they will be vigorously pursued by the Insolvency Service.
The length of the undertaking in this case sends a clear message to the business community that such actions will not be tolerated. In addition, directors who fail to ensure HMRC are treated on an equal basis with other classes of creditor gain an unfair advantage over those companies who pay their taxes correctly and on time.
They can expect to be investigated by the Insolvency Service and enforcement action taken to remove them from the market place.