The High Court in Manchester wound up Clark Sinclair Limited on 29 October, after the Insolvency Service found it took £123,052 from directors by offering £1 sales of indebted companies.
The Insolvency Service said on Wednesday that its investigation found the company was providing misleading services to directors of businesses in financial difficulty.
David Usher, chief investigator at the Insolvency Service, said: “Clark Sinclair Limited took advantage of struggling businesses by offering directors a misleading route out of their company’s debts, charging thousands of pounds for the service.”
The company was wound up in the public interest under section 124A of the Insolvency Act 1986, a power under which a court can close…