Landlords often get a bad press, being portrayed as greedy proprietary creditors, all too ready to seize back their property when the tenant is in financial…
The owner of a Somerset restaurant has recently been issued with a 12 year ban from acting in the management of a company, having already serving a previous 11 year disqualification. The businesswoman’s second ban came into effect on 15 March.
In a bid to continue trading by cheating the system, Jane Goodfellow breached her disqualification order that she was issued with in 2006 by setting up Somerset based restaurant, Yeovil Wine Vaults, in 2013. She appointed Clare Watts, a former colleague as a sole and stooge director of the restaurant. Both Clare Watts and Jane Goodfellow had worked together at Peaceflight Limited, a printing company which went into liquidation and led to Goodfellow’s first disqualification.
Just four years after the Yeovil Wine Vaults Limited was incorporated, the restaurant business went into liquidation following failure to pay its debts. The unlawful setup of the company came to light whilst Yeovil Wine Vaults was in liquidation. The appointed liquidators established that although Clare Watts was the registered director of Yeovil Wine Vaults, it was in fact Jane Goodfellow that was the person running the company and the one dealing with the regulators, local authority, employees and suppliers.
In addition to the debt and illegal running of Yeovil Wine Vaults, further investigations into the case revealed that the company failed to file annual returns with the register of companies, nor pay tax or file tax returns for the entirety of the company’s trading period.
As a result of being in connection with the breach and allowing Jane Goodfellow to run the café, acting as a stooge director, Claire Watts was also issued with a five year ban effective from 15 March.
This news comes as a warning to other disqualified directors that if they choose to ignore, disregard and breach their ban, they will receive consequences and further bans from the Insolvency Service.