British Steel update and director bans - Insolvency Service

Official Receiver enters exclusive sales talks with preferred buyer for British Steel

Heads of an agreement to purchase British Steel have been agreed triggering a period of detailed due diligence of the company ahead of its full sale.

Directors banned for dishonestly securing £975,000 of credit

Three directors who dishonestly secured credit by causing their companies to submit false invoices to factoring companies are banned for a total of 29 years.

Emergency services magazine publisher wound up in court

A magazine publisher based in The Wirral that falsely claimed to produce magazines supporting the emergency services has been wound up in court.

Debt bosses’ failings lead to £7.6 million shortfall in funds

Two directors from the North-west banned for 16 years after lack of oversight led to a £7.6 million shortfall in monies being held for insolvent estates.