Case details for Guy Smith

Name: Guy Smith

Name: STERLING PRYCE LIMITEDE

Date of Birth: 3 / 4 / 1979

Date Order Starts: 25 / 5 / 2022

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 08182969

Last Known Address: 18 Eastwell Close,, , , , BECKENHAM,, BR3 1TY

Conduct: Between 03 April 2020 and 08 October 2020, Guy Smith (“Mr Smith”), caused Sterling Pryce Limited (“SPL”) to make payments totalling £12,750 to himself and to the detriment of SPL’s creditors generally, at a time when he knew, or ought to have known, that SPL was insolvent, in that: On 11 February 2020, Mr Smith signed an agreement, engaging an insolvency practitioner to assist in SPL being placed into voluntary liquidation; On 26 March 2020, a national lockdown commenced, causing a significant downturn in SPL’s trade; Between 03 April 2020 and 07 August 2020, payments totalling £6,000 were made from SPL’s bank account to Mr Smith, in addition to those in respect of his salary, described as dividends; On 6 October 2020, SPL entered liquidation with total liabilities of £175,136 and a deficiency of £162,161; On 8 October 2020, a further £6,750 described as dividend was paid to Mr Smith. 

This information is correct as at 5 / 5 / 2022



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