10/01/2002

High Court ban for local company directors

Three local people have been disqualified from being company directors following appearances in the High Court.

Margaret Sinclair Allen from Lisburn was disqualified from being a company director for five years as a result of her conduct as a director of Mayfayre Fine Foods Limited, Lisburn.

Mayfayre Fine Foods traded as a food manufacturer from premises at 20 Gregg Street, Lisburn from 1989 to May 1999. It was wound up by the High Court on June 3, 1999 with an estimated deficiency to creditors of £124,800.

Meanwhile, David Richard Rice and Ian William Adams from Helens's Bay and Donaghadee, respectively were disqualified from being company directors for five years as a result of their conduct as directors of Thorndon Developments Limited.

Thorndon Developments traded in the design, building and management of nursing homes from premises at 91b High Street, Bangor, Co Down from 1995 to September 23, 1999. The company was wound up by the High Court on September 23, 1999 with an estimated deficiency to creditors of £153,911. (MB)

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