Director of over 400 companies banned for nine years for repeatedly undermining the insolvency regime
Published 7 January 2025
The Insolvency Service has banned Mark Anthony Turner of Castleford in Yorkshire from being a company director for nine years, after he repeatedly failed to comply with the insolvency regime.
Turner was a director of more than 400 companies over a period of 10 years, including Easyway Construction and Access Solutions Ltd, MTS Timber (Yorkshire) Ltd, and Premier Mortgages Ltd.
The Insolvency Service found that Turner repeatedly failed to meet his statutory duties as a director, including failing to file accounts and returns, and failing to cooperate with liquidators and administrators.
He also failed to maintain adequate accounting records, and made false or misleading statements to creditors and other stakeholders.
Turner’s misconduct came to light after a number of his companies entered into insolvency.
In one case, a company owed more than £2 million to creditors when it went into liquidation. Turner had failed to file accounts for the company for several years, and had failed to cooperate with the liquidator.
In another case, a company owed more than £1 million to creditors when it went into administration. Turner had failed to file accounts for the company for several years, and had failed to cooperate with the administrator.
The Insolvency Service’s investigation found that Turner had repeatedly used companies to trade while insolvent, and had failed to take any steps to prevent the companies from entering into insolvency.
He had also failed to cooperate with the Insolvency Service’s investigations, and had made false or misleading statements to investigators.
As a result of his misconduct, Turner has been banned from being a company director for nine years. He is also subject to a number of other restrictions, including a prohibition on acting as a liquidator or administrator.
Commenting on the case, David Hill, Chief Investigator at the Insolvency Service, said:
“Mark Turner is a serial offender who has repeatedly abused the insolvency regime. He has shown a complete disregard for his duties as a director, and has caused significant harm to creditors and other stakeholders.
“This ban will prevent him from continuing to trade while insolvent, and will send a clear message that we will not tolerate this type of behaviour.”
The Insolvency Service is committed to tackling the abuse of the insolvency regime. We encourage anyone who suspects that a company is trading while insolvent to report it to us.
Nine-year ban for director of more than 400 companies after he repeatedly undermined the insolvency regime
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