A former director of children’s and baby homeware retailer Zebedee Limited has been disqualified from acting as a director for five years.
The Insolvency Service carried out an investigation into Paula Anne Williamson, which found that between 1 August 2015 and late October 2015, Ms Williamson had caused Zebedee to continue to trade and taking monies from customers for goods that had no reasonable expectation of supplying.
On 28 October 2015 Zebedee Limited ceased trading and appointed DKF Insolvency Limited to liquidate the company, owing around £131,677 to creditors.
According to the investigation, due to the fact that Zebedee was becoming insolvent, Ms Williamson would of known or ought to have known that the goods would not be supplied, causing at least a detriment of £34,010 to customers between the dated period above.
Ms Williamson gave an undertaking to the Secretary of State for Business Energy and Industrial Strategy that she will not act as a director of a limited company until September 2021.
Gemma Game, deputy head of investigations, stated: “Directors who fail to provide goods that have been partially or wholly paid for, or fail to refund those monies to customers, damage economic confidence.
“Other directors tempted to follow this path should remember that if they run a business in a way that is detrimental to either its customers or its creditors they lose the protection afforded by limited liability. The Insolvency Service will investigate them and seek to remove them from the business environment.”