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Ice Scrappers!

Winter is creeping up on us, fairly quickly to say the least!

So we are making life that little bit easier for you as the icy mornings approach

If you’d like a complimentary Redman Nichols Butler Ice Scrapper, contact stella.flemmings@redmannicholsbutler.co.uk

Redman Nichols Butler would like to invite you to our breakfast seminars.

Each seminar will cover two important topics that we think may be of interest to you:-

  • Non contentious probate work – the do and don’ts and pitfalls of dealing with routine probate work.  Anna Metcalfe and Sarah Harrison, two probate barristers from Parkland Plowden Chambers in Leeds will give us an insight into what can go wrong in this challenging area of practice.

 

  • EBT and the 5 April 2019 Loan Charge Provisions.  Tax expert Ronnie Pannu of Pannu Tax based will give us some hints and tips on how to prepare for this fateful day.

 

The breakfast seminars run from 8.30am – 10.30am and are being held on the following dates and venues:

 

  • 11 October 2018 – Glanford Park Football Ground, Jack Brownsword Way, Scunthorpe, DN15 8TD

 

  • 18 October 2018 – The Parade Ring Restaurant, York Racecourse, York, YO23 1EX

 

  • 26 October 2018 – Lincolnshire Showground, Grange-de-Lings, Lincoln, LN2 2NA

 

  • 8 November 2018 – Harewood House, Harewood, Leeds, LS17 9LG

 

  • 23 November 2018 – Upstairs at Abbys, Abbys Bistro, 12-16 Abbeygate, Grimsby, DN31 1JY

 

  • 29 November 2018 – The Deep, Hull, HU1 4DP

 

Breakfast buns and tea & Coffee will be served.

 

If you would like to attend the seminars, please let Stella know which location is best for you and she will book you a place.  stella.flemmings@redmannicholsbutler.co.uk

Wife joins husband on disqualified director list

After failing to manage client’s funds and following an Insolvency Service investigation, debt management boss Josephine (Josie) Broadstock has joined her husband on the disqualified director list.

Smooth Financial Consultants Limited (Smooth) which traded as The Debt Advice Centre was incorporated in 2005. Mark and Josie Broadsock along with Robert Jones were directors of the company. Smooth made debt management plans and paid creditors on behalf of individuals who struggled to make payments themselves to their creditors, in return for a monthly fee.

On 2 August 2013 Smooth went into administration with an estimated deficiency as regards to creditors of £967,569. On 24 July 2014 Smooth went into creditors voluntary liquidation.

During a 5-day trial in 2018, the court heard that:

  • Funds belonging to clients should be held in a separate ‘ring fenced’ client account. However, it was found that Smooth made transfers from the client account to its own company account.
  • These transfers from the two different accounts were used for running costs and for the benefit of the directors. Between the three directors they received salaries and dividends of £114,992 in 2013.
  • In this time, Smooth failed to pay creditors an estimated amount of £572,001 and after a winding up petition was presented against the company in 2013, Mark Broadstock moved £109,512 from the client account to a connected company.
  • It was found that none of the funds were used for the benefit of the clients and after the company went into administration, only £49,678 was recovered from the connected company.

The Secretary of state accepted a disqualification undertaking from Mark Broadstock in June 2017 before the court hearing. On 8 August 2018 the court made disqualification orders against Josie Broadstock and Robert Jones, which started on 29 August 2018. Josie received a disqualification ban for 8 years, whilst Robert received 7 years.

For more information on bankruptcy, liquidation, administration and all the other insolvency procedures, or to take advantage of our free consultation, please telephone Stella Flemmings on 01377 257788, 01724 230060 or 01904 520116 and she will make you an appointment with one of our insolvency professionals at our Driffield, Scunthorpe or York offices.

Don’t forget, we’re hiring!

Redman Nichols Butler are one of the leading independent insolvency practices in the North of England. We deal with personal and corporate insolvencies. We are looking for enthusiastic committed Insolvency Case Managers to join our existing team across our three offices in Driffield, Scunthorpe and York. We are offering an excellent package to the right candidates. For further information please contact Stella Flemmings – stella.flemmings@redmannicholsbutler.co.uk

Breaching existing ban causes extended disqualification for boss

David Stuart, an engineering boss from Aberdeen, has had his disqualification increased by the court after he was found running a company after his first disqualification.

David Stuart was the sole director of Nabscaff Limited (Nabscaff) and received a six-year ban following the liquidation of the company after he failed to keep books and records. Despite his disqualification, Stuart started a new company, Tern Engineering Services Limited (TES) which provided engineering services to the oil and gas industry.

TES’s was wound-up in September 2016 and the Insolvency Service started an investigation and found that:

  1. TES’s account records showed that during March and April 2016 the company’s bank account received £34,770, of which £6,000 was taken by David Stuart, £9,300 was used to pay his personal gambling accounts and £17,010 was paid to unknown payees. None of this money was paid to HMRC even though they were the biggest creditor to both Nabscaff and TES’s.
  2. HMRC were owed £57,487 by TES’s and £115,472 by the previous company Nabscaff.

David Stuart did not attend court for the disqualification proceedings despite the fact that he was fully aware of his disqualification. On 2 August 2018 the sheriff granted a disqualification order against Stuart for 11 years, again, he did not attend.

For more information on bankruptcy, liquidation, administration and all the other insolvency procedures, or to take advantage of our free consultation, please telephone Stella Flemmings on 01377 257788, 01724 230060 or 01904 520116 and she will make you an appointment with one of our insolvency professionals at our Driffield, Scunthorpe or York offices.

 

Assets for sale!

East Coast Caravans Limited – in administration

Assets for sale

John Butler and Andrew Nichols were appointed joint administrator of the company on 17 September 2018.

The joint administrators offer whatever interest the company has in the following assets;

  • 39 Static caravans (aging from 1998 – 2018) including
      • 2 sited at Fantasy Island resort
      • 6 sited at Belvedere Lakes resort
      • 1 sited at Kelling Heath Holiday Park in Norfolk
  • Vauxhall Vivaro Van
  • 24’ x 36’ Timber Clad Office
  • Office furnishing
  • Twin Axle Trailer

Viewings by appointment only on Monday 1 October 2018.

Best and final offers to be received by 12 noon on Tuesday 2 October 2018

For further information, including a full stock list and to arrange an appointment for viewings please contact Andrew Baitson of Gilbert Baitson on 01482 500500.

Insolvency advice at your fingertips………………. and with a smile!

Redman Nichols Butler now have the technology to hold virtual meetings.

If you are sitting with a client and need to talk to an insolvency practitioner during your meeting (as does happen from time to time) it’s as simple as ABC to get in touch with Redman Nichols Butler.

A – Give Molly a call on 01377 257788, and ask her to set up a video conference call with one of our insolvency professionals

B – Molly will set the conference call up ensuring that one of our insolvency professionals is available and email or phone you with the joining instructions

C – Follow those instructions and voila – you can talk to us and see us at the same time.

Of course, there is nothing like a face to face meeting at your offices or at your client’s premises and should that be necessary we are, as always, happy to attend those as well.

Don’t forget our initial meetings are always free of charge and without obligation.

 

**WE’RE HIRING INSOLVENCY CASE MANAGERS**

Redman Nichols Butler are one of the leading independent insolvency practices in the North of England. We deal with personal and corporate insolvencies. We are looking for enthusiastic committed Insolvency Case Managers to join our existing team across our three offices in Driffield, Scunthorpe and York.
We are offering an excellent package to the right candidates.
For further information please contact Stella Flemmings – stella.flemmings@redmannicholsbutler.co.uk
#joinourteam #hiring #insolvencyjobs

We’re hiring Insolvency Case Managers!

Redman Nichols Butler are one of the leading independent insolvency practices in the North of England. We deal with personal and corporate insolvencies. We are looking for enthusiastic committed Insolvency Case Managers to join our existing team across our three offices in Driffield, Scunthorpe and York.

We are offering an excellent package to the right candidates.

For further information please contact Stella Flemmings – stella.flemmings@redmannicholsbutler.co.uk

 

Director of a disability ramp company banned for 7 years

Lyndon Porretta, a carpenter from New Port set up Kruz Developments Ltd (Kruz) in 2000. The company provided installation services to rehabilitation centers, banks and other clients across South Wales.

When the recession hit the UK in 2015, work decreased, and in the late months of 2015 HMRC inspecting Kruz company records. The discovered that Kruz had deliberately filed 14 VAT returns between 2011 and 2015 which understated the amount of tax due by a total of £521,814.

Kruz then owed HMRC a total of £743,464 in VAT and penalties, which he was unable to pay. Due to this, the company entered voluntary liquidation in 2016.

During the liquidation The Insolvency Service conducted an investigation, it was confirmed that between 2012 and 2015, Mr Porretta was responsible for providing inaccurate VAT documents to HMRC.

The Secretary of State accepted a disqualification undertaking from Lyndon Porretta after he agreed the findings from the investigation. His ban lasts 7 years and is effective from 10 September 2018.

For more information on bankruptcy, liquidation, administration and all the other insolvency procedures, or to take advantage of our free consultation, please telephone Stella Flemmings on 01377 257788, 01724 230060 or 01904 520116 and she will make you an appointment with one of our insolvency professionals at our Driffield, Scunthorpe or York offices.