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LGV training firm wound up 11 June 2014

A London-based firm claiming to provide training courses for Large Goods Vehicles (LGV) has been wound up in the public interest by the High Court.

Jacob H Limited was wound up on 14 May for failing to provide training courses despite taking advance payments from customers.

An investigation by the Insolvency Service found the company took, on average, advance fees of £920 from customers for courses that were never delivered.

The company even went as a far as to guarantee refunds in instances where it acknowledged no training course had taken place – refunds the company never made.

The investigation found Jacob H Limited took over £130,000 from unsuspecting customers, and has failed to account for any of that money.

The company also failed to file accounts and has no current appointed director, which are breaches of Companies Act regulations.

David Hill, an investigations supervisor at the Insolvency Service, said: “This company appeared to have no intention of providing the services it claimed it could and instead duped customers into paying for service they were never likely to receive and winding it up protects the public from losing more money in this way.

“The winding up should serve as a warning that the Insolvency Service will take action to remove rogue companies from the business environment.”

 

 

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