fbpx Skip to main content

Extra 11 Year Bank For Sunderland Director

Director disqualified yet again getting an additional 11 year ban.

Sunderland Director banned for extra 11 years after reappointing himself while serving 7 year disqualification.

DNME Limited Caused First Director Ban

Derek Milligan (40), also known as Derrek Milligan, from Sunderland, was the sole director of DMNE Limited and of Dockyard Sunderland when the Insolvency Service had begun an investigation into his activities with DMNE.

Director Disqualified Again

He had failed to deliver up any accounting records of DMNE, in breach of both his statutory duties and a Court Order.

DMNE as at 30 November 2011 had filed statutory accounts with positive shareholder funds of £633,737, yet within 18 months a winding up petition had been presented by H M Revenue & Customs.

Following a creditor’s petition at Court, Milligan was made bankrupt in August 2015 and resigned as director of Dockyard Sunderland.

In September 2015, Derek Milligan signed a 7 year disqualification undertaking that banned him from acting as a director from October 2015 to October 2022.

HCA Litigation Limited: Director Disqualified Again

Despite being advised to seek legal advice, Milligan appointed himself a director of Dockyard Sunderland in July 2017, which had been renamed HCA Litigation Limited.

Director Disqualified Again

He did not have the permission of the Court to act as a director of HCA Litigation or to be involved in its management.

Milligan signed the company’s 2017 accounts filed at Companies House in October that year, and he also instructed solicitors about the lease on the trading premises.

The statutory accounts for HCA Litigation Limited as at 30 September 2017 showed that it had positive shareholder funds of £295,972.

Less than a year later, Sunderland City Council learned the company had absconded from the trading premises. The resulting rent arrears led to a winding up order in May 2018.

Following an investigation by the Insolvency Service, the case was heard in Newcastle County Court on 14 September 2021, where Derek Milligan was disqualified for a further 11 years.

The new disqualification order prevents Derek Milligan from directly or indirectly becoming involved in the promotion, formation or management of a company without the permission of the Court.

Rob Clarke, Chief Investigator of the Insolvency Service, said:

Derek Milligan knew the restrictions he was under when he agreed to a disqualification undertaking. He couldn’t be a director or be involved in managing a company without the Court’s approval. Yet he still re-appointed himself.

It’s imperative that companies’ dealings are transparent, so other businesses know exactly who is managing the company. Anyone trying to hide their involvement will be removed from the corporate arena for a lengthy period and could very possibly face criminal prosecution.

Are you a Director of company?

If you are a Director of an insolvent company, Oliver Elliot can help you address your concerns arising from Disqualification.

Find out how

What Next?

Expert Advice Is Just A Click Away

If you have any questions in relation to Director Disqualified Yet Again then contact us as soon as possible for advice. Oliver Elliot offers a fresh approach to insolvency and the liquidation of a company by offering specialist advice and services across a wide range of insolvency procedures.

Our expertise is at your fingertips.

By submitting this form you agree with the storage and handling of your data by Oliver Elliot. For more details, please read our Privacy Policy.

Disclaimer: Director Disqualified Yet Again

This page: Director Disqualified Yet Again is not legal advice and should not be relied upon as such. This article Director Disqualified Yet Again is provided for information purposes only. You can contact us on the specific facts of your case to obtain relevant advice via a Free Initial Consultation.

This page contains public sector information licensed under the Open Government Licence v3.0.

Elliot Green

Licensed Insolvency Practitioner & Chartered Accountant. We Know Insolvency Inside Out.

Share via
Copy link