Nicola Bentley was the sole director of Stephensons (National Window Cleaning), which was incorporated in January 2017 and provided window cleaning services, predominantly for bookmakers.
The company traded for two years but in January 2019 entered into creditors voluntary liquidation.
A subsequent investigation by the Insolvency Service found that from February 2018 until the company went into liquidation, Bentleys company had spent almost 1.7m.
However, Bentley had failed to preserve accounting records and investigators could not determine if the amount was for legitimate business expenditure.
The investigation discovered that almost 640,000 had been transferred out of the company bank account to three unknown bank accounts. Bentley h…
Read the full article at: https://www.accountancydaily.co/banned-director-failed-account-ps17m