Menu
26/07/2010
Grafitti Removal Expert Faces Ban
A company director has been banned from holding such office in a company for seven years.
The Department of Enterprise, Trade and Investment has accepted a disqualification undertaking for seven years from Timothy Laurence Wilkinson, 50, of Ormiston Crescent, Belfast, in respect of his conduct as a director of Professional Surface Protection Systems Limited.
The company carried on the business of providing surface protection and grafitti removal products and services from Nottingham, Belfast and London and went into liquidation on 22 November 2007 with estimated assets of £500, liabilities of £56,275 to non preferential creditors and an estimated deficiency as regards creditors of £55,775.
After taking into account the losses incurred by members (shareholders, including the directors) of the company the total estimated deficiency was £55,776.
The Department accepted the disqualification undertaking from Mr Wilkinson on 17 June this year based on his unfit conduct which solely for the purposes of the disqualification procedure was not disputed.
He is said to have failed to fully co-operate with the Official Receiver in contravention of Article 199(2) of the Insolvency (Northern Ireland) Order 1989 in that he failed to attend the Official Receiver's office to complete his Preliminary Examination interview and he failed to provide a statement and deliver up information, documentation and the accounting records of Professional Surface Protection Systems Limited, as requested.
He also failed to properly account to the Official Receiver or his agent for all company assets and didn't pay £7,944.41 properly due to the Crown, being VAT of £5,024.34 for the year 2004/05 and £2,920.07 for the year 2005/06.
He was also said to have caused the Company to fail to comply with Article 291 of the Companies (NI) Order 1986 which states every company shall have a company secretary and not complied with Articles 371(1) and 371(2) of the Companies (NI) Order 1986 in that Annual Returns were not filed for the years ended 29 November 2004 and 29 November 2005.
(BMcC/KMcA)
The Department of Enterprise, Trade and Investment has accepted a disqualification undertaking for seven years from Timothy Laurence Wilkinson, 50, of Ormiston Crescent, Belfast, in respect of his conduct as a director of Professional Surface Protection Systems Limited.
The company carried on the business of providing surface protection and grafitti removal products and services from Nottingham, Belfast and London and went into liquidation on 22 November 2007 with estimated assets of £500, liabilities of £56,275 to non preferential creditors and an estimated deficiency as regards creditors of £55,775.
After taking into account the losses incurred by members (shareholders, including the directors) of the company the total estimated deficiency was £55,776.
The Department accepted the disqualification undertaking from Mr Wilkinson on 17 June this year based on his unfit conduct which solely for the purposes of the disqualification procedure was not disputed.
He is said to have failed to fully co-operate with the Official Receiver in contravention of Article 199(2) of the Insolvency (Northern Ireland) Order 1989 in that he failed to attend the Official Receiver's office to complete his Preliminary Examination interview and he failed to provide a statement and deliver up information, documentation and the accounting records of Professional Surface Protection Systems Limited, as requested.
He also failed to properly account to the Official Receiver or his agent for all company assets and didn't pay £7,944.41 properly due to the Crown, being VAT of £5,024.34 for the year 2004/05 and £2,920.07 for the year 2005/06.
He was also said to have caused the Company to fail to comply with Article 291 of the Companies (NI) Order 1986 which states every company shall have a company secretary and not complied with Articles 371(1) and 371(2) of the Companies (NI) Order 1986 in that Annual Returns were not filed for the years ended 29 November 2004 and 29 November 2005.
(BMcC/KMcA)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
28 June 2002
Travel agency to create 120 jobs at old plant
Keith Prowse Travel, which specialises in the distribution and sale of tickets, is set to create 120 new jobs in Donegal over the next three years at its new customer centre. The British travel agency plans to start its initial recruiting stage next week for around 60 jobs at the centre in Buncrana, County Donegal.
Travel agency to create 120 jobs at old plant
Keith Prowse Travel, which specialises in the distribution and sale of tickets, is set to create 120 new jobs in Donegal over the next three years at its new customer centre. The British travel agency plans to start its initial recruiting stage next week for around 60 jobs at the centre in Buncrana, County Donegal.
14 April 2005
Directors of Templepatrick firm agree disqualification terms
The Department of Enterprise, Trade and Investment has accepted an undertaking to a disqualification term of eight years from Brian James Reid of Templepatrick, Ballyclare, in respect of his conduct as a director of Brian Reid Contractors Limited a company which ran up debts of almost £973,000.
Directors of Templepatrick firm agree disqualification terms
The Department of Enterprise, Trade and Investment has accepted an undertaking to a disqualification term of eight years from Brian James Reid of Templepatrick, Ballyclare, in respect of his conduct as a director of Brian Reid Contractors Limited a company which ran up debts of almost £973,000.
13 December 2012
Directors Disqualified From NI Property Company
Two directors of a Northern Ireland property company have been disqualified. The Department of Enterprise, Trade and Investment (DETI) has accepted the disqualifications for eight years of Maurice Colville Stewart, 61, of Moira Road, Ballinderry Upper, Lisburn and Ben Stewart, 35, of Belfast Road, Antrim.
Directors Disqualified From NI Property Company
Two directors of a Northern Ireland property company have been disqualified. The Department of Enterprise, Trade and Investment (DETI) has accepted the disqualifications for eight years of Maurice Colville Stewart, 61, of Moira Road, Ballinderry Upper, Lisburn and Ben Stewart, 35, of Belfast Road, Antrim.
11 November 2010
Firms Win InterTradeIreland Competition
Two NI firms have excelled in what is the largest business competition on the island of Ireland - Seedcorn 2010. Run by InterTradeIreland, the organisation that supports small and medium-sized businesses across Ireland for better North/South trade and business development, it offers a total prize fund of €280,000.
Firms Win InterTradeIreland Competition
Two NI firms have excelled in what is the largest business competition on the island of Ireland - Seedcorn 2010. Run by InterTradeIreland, the organisation that supports small and medium-sized businesses across Ireland for better North/South trade and business development, it offers a total prize fund of €280,000.
09 July 2009
Arntz Belting Heads For Trouble
The future for a struggling Pennyburn fan belt factory, which currently employs around 110 people, is looking bleak. The manufacturing plant, Arntz Belting Company, went to a three-day week in December and also sought 28 redundancies in March. However, the global recession has led to the firm's parent company looking at further cuts.
Arntz Belting Heads For Trouble
The future for a struggling Pennyburn fan belt factory, which currently employs around 110 people, is looking bleak. The manufacturing plant, Arntz Belting Company, went to a three-day week in December and also sought 28 redundancies in March. However, the global recession has led to the firm's parent company looking at further cuts.
-
Northern Ireland WeatherThis Evening and Tonight:Any afternoon showers soon dying out to leave a dry evening with clear spells at first, but coastal low cloud, mist or fog then spreads in from the northwest. Minimum temperature 8 °C.
