The directors of Mill Street-based employment agency, which failed with total debts estimated at £430,000, have given undertakings not to hold directorships or take any part in company management for a total of six years
The Undertaking for three-and-a-half years given by Murray Spencer Matthews, aged 36 and the Undertaking for two-and-a-half years given by Jacqueline Matthews, aged 36, both husband and wife; and both of Lower Green, Leigh, Tonbridge, Kent were given in respect of their conduct as directors of First Inline Recruitment Limited, which carried on business from premises at Concordia Wharf, 5 Mill Street, London SE1 2BB.
Acceptance of the undertakings on 10 March 2005 prevent Mr and Mrs Matthews from being directors of a company or in any way being concerned or taking part in the promotion, formation or management of a company for the above period.
First Inline Recruitment Limited was placed into compulsory liquidation by Order of the Leeds District Registry of the High Court of Justice on 29 October 2002 on the petition of HM Customs & Excise for £104,715.60 aimed in respect of unpaid VAT. The company has an estimated total deficiency of £429,228. The Official Receiver at London had conduct of the investigation and disqualification procedure.
The Insolvency Service, on behalf of the Secretary of State for Trade & Industry, has responsibility (under Section (6) of the Company Directors Disqualification Act 1986) for the investigation of the conduct of directors of failed companies and for the disqualification of those who are considered to be unfit to be involved in the management of companies in the future
Matters of unfit conduct, not disputed by Mr and Mrs Matthews:
• Mr Matthews caused First Inline Recruitment Limited to trade to the detriment of Crown Departments, whose indebted rose whilst liabilities to trade creditors were reduced;
• Mrs Matthews abrogated her duty to act as a director of First Inline Recruitment Limited by taking no active part in the company's management and therefore allowing her husband and co-director, the opportunity to perpetrate the misconduct set out above.