Insolvency Service

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The director of an Edinburgh construction agency has been disqualified as a director for six years after he breached legal obligations by failing to maintain adequate accounting records.

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The director of a liquidated construction company has been banned for seven years after failing to explain more than £700,000 worth of expenditure. Forfar Sheriff Court heard that Angel Tas Limited was incorporated in October 2017 and Cristina Angelica Tasca (27), from Arbroath, was appoi

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A married couple has been banned for nine years each after diverting over £124,000 away from creditors. Jane Thornton (54) and Norman Thornton (65), from Telford, were both directors of the construction company Norjan (Properties) Limited, which went into liquidation in July 2020 with liabilit

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The directors of an East Kilbride double glazing firm have been disqualified after failing to keep records to explain where £2.4 million had been spent from the company bank accounts. Hagit Fieldman, 54, and Gary Fieldman, 58, both now living in Israel, were directors of First For Wi

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Former Muirfield Contracts chairman John Stodart has been disqualified as a director after he was found to have taken more than £880,000 from the company as it faced financial ruin. More than 280 workers lost their jobs when administrators begun an orderly wind-down of the Dundee building firm in 2

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The weaker pound, Brexit and falling house prices have all had an effect on the increasing number of insolvencies in the UK construction sector, according to RSM Restructuring Advisory LLP. Corporate insolvency figures released by the Insolvency Service revealed that a total of 2,764 company failure

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