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Company directors banned for longest possible term 28 November 2010

The two men, Garry Gibson and Steven Gibson, were directors of Roxburgh Homes Limited, a property development firm based in Edinburgh.

Garry Gibson has been handed the maximum disqualification period of 15 years for breaching a previous disqualification order, while Steven Gibson has been disqualified for four years.

Garry Gibson had previously been disqualified from acting as a company director in July 1997 for 12 years due to his misconduct as a director of Red Castle Homes Ltd.

Between 2002 and 2008 Garry Gibson breached the disqualification order and acted in the management of Roxburgh Homes using his son to act as a director in name only.

Despite his existing disqualification The Insolvency Service found that Mr Gibson was the main point of contact with the company’s bankers, describing himself as the owner of Roxburgh Homes and negotiating a joint-venture agreement with a finance company. 

Roxburgh Homes Limited went into compulsory liquidation on 13 October 2008 owing £475,826 of liabilities that began accruing in December 2006. 

Robert Burns, head of company investigations and enforcement at The Insolvency Service said: “The public and other company directors should be reassured that the Insolvency Service has robust powers which we will not hesitate to use to protect consumers from directors like Mr Gibson who ignore the terms of their disqualification and go on to run further businesses to the detriment of their creditors.”

Steven Gibson was appointed as a registered director of the company on 30 June 2005.

Investigators found that Steven Gibson abrogated his duties to his father, and by doing so caused or permitted Garry Gibson to act as a director, which led to the detriment of a number of creditors.



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