Directors Disqualification

There are many reasons why a director can be disqualified and can include

• Allowing a company to trade when it was incapable of paying its debts
• Not keeping proper company accounts records
• Not sending company accounts to Companies House
• Not paying tax owed by the company
• Using company assets or money for personal benefit

A director can be disqualified for up to 15 years. The Companies Act can appoint a special investigator who has the authority to compel directors to produce documents or other information relating to the company. If you do not comply the consequences can be serious.
Our business team have considerable experience in advising professionals in regulatory matters.