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Director banned for a series of failures

15th April 1999, Page 11
15th April 1999
Page 11
Page 11, 15th April 1999 — Director banned for a series of failures
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Which of the following most accurately describes the problem?

• The proprietor of a number of haulage-related firms was disqualified from being a director last week after Birmingham County Court heard he had been involved with six failed businesses in as many years.

Kevin Robert Brown of Marston Green, Birmingham, ran up total debts of more than £1rn from 1991-1997. The companies he ran were: • Baurrber Motor Engineers: went into administrative receivership in 1991 with debts of £198.8813; • Belmont Vehicle Services: wound up in 1992 with debts of £206,841; • Britannia International Freight: went into voluntary liquidation in 1993: • Intra Container Care: wound up in 1994; • Belmont international Transport; went into voluntary liquidation in 1996 with debts of £339,934.

• Belmont Freight; wound up in 1997 with debts of 2166,851: The court found that Belmont Freight kept back £116,791 due in tax and National Insurance contributions between December 1995 and May 1997, when it ceased to trade.

It also found that Brown had operated Belmont Freight in almost exactly the same way as its failed predecessor, with no prospects of success.

Summing up, District Judge Cole expressed his alarm that Brown could be involved in such a succession of companies in insolvency proceedings. He added that the public had a right to be protected against a man who had no intention of paying Crown debts when they became due.

The proceedings were not defended by Brown, whose name joins the list of other disqualified directors at the Department of Trade & Industry.


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