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Director banned for taking money but owing creditors £140,000


Director banned for taking money but owing creditors £140,000
Broker from Southampton who traded while insolvent and failed to pay creditors £140,000 has been disqualified for 7 years.
From:
11 June 2021
Kathleen Shepherd, 58, from Southampton, was the sole director of Shepherd Site Services Limited, a company which acted as a broker to provide waste management services to the construction industry.
The company went into administration on 20 November 2019 and an investigation was started by the Insolvency Service.
It was found that the company was insolvent from at least 24 April 2019 and at that point owed at least £50,000 to 10 suppliers.
Kathleen Shepherd assured suppliers that invoices would be paid, causing some to delay enforcement action, and the company continued to trade and incur further debts. ....

Neil North , Shepherd Site Services , Shepherd Site Services Ltd , Court Judgement , Insolvency Service , Contact Press Office , Kathleen Shepherd , Shepherd Site Services Limited , Site Services Ltd , நீல் வடக்கு , நீதிமன்றம் தீர்ப்பு , நொடித்துப்போனது சேவை , தொடர்பு ப்ரெஸ் அலுவலகம் , க்யாத்லீந் மேய்ப்பன் ,