Company director banned for seven years

A COMPANY director has been banned for seven years after taking customer deposits of more than £85,000 for goods that it had “no reasonable prospect of being able to deliver”.
Kelly Ord ran Emperor Windows in Coventry, which was wound up in July 2016. An Insolvency Service investigation found that he had sought advice regarding debts owed by Emperor Windows by February last year, but took deposits from 78 customers totaling £85,552 between January 2016 and 1 July 2016, for goods and services that it then failed to supply.
Kevin Read, official receiver at the Insolvency Service, said: “Mr Ord caused Emperor Windows Limited to take deposits from customers when the company was insolvent and without a reasonable expectation that services would be provided. The company failed to provide services to these customers and losses were incurred as a result.
“Company directors should note from this enforcement result that actions of this kind will lead to serious censure.”
A disqualification order prevents an individual from acting as a company director or holding a management role.

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