Couple banned from directorships after causing Glossop business to go bust

A Glossop couple have been disqualified from acting as directors for six years for withdrawing funds from Window & Conservatory Options Ltd after they had been told the company was insolvent and could not afford to continue the level of payments to them. According to Cheryl Lambert, chief investigator at the Insolvency Service, Mark and Janet Styler "repeatedly ignored warnings from professional advisers and used company funds as their own". The company went into liquidation in September 2013. ""Taking action against Mr & Mrs Styler is a warning to directors of their responsibilities and requirements to act for the good of the company and its creditors."

 

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