Sisters Karen Mortimer, 67, and Joanna Seawright, 54, became directors of 138 failing companies without verifying their financial positions, failing to investigate the location of more than £42m in assets, and leaving creditors £67m in debt.
When the Insolvency Service launched an investigation, Mortimer and Seawright did not dispute their misconduct and agreed to be disqualified for seven years rather than taking the case to court.
Mortimer, who lives in Tenerife, and her sister Joanna Seawright, from Dumfries, Scotland, ran GPA KLM Ltd and Summers & May Ltd. These companies were part of the Atherton web, which was shut down in 2024 following an earlier Insolvency Service investigation.
Until they were disbanded, Atherton Corporate UK…