Case details for ROBERT ANTONY PURTON

Name: ROBERT ANTONY PURTON

Name: Richwood London Limited

Date of Birth: 25 / 11 / 1967

Date Order Starts: 4 / 3 / 2019

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 09027822

Last Known Address: 21 Mill Close,, , , , NEWTON ABBOT, TQ12 1UR

Conduct: In the period 9 November 2016 to 5 January 2017 (date of last bank transaction) Mr Robert Antony Purton (“Mr Purton”) breached his fiduciary duties by causing Richwood London Limited (“Richwood”) to enter into transactions to the detriment of its creditors whilst the company was insolvent, in that;

  • In the period 9 November 2016 to 5 January 2017, Richwood’s bank statements show payments in the total sum of £78,565 being paid to him.
  • Of those payments, £73,865 were not made in the normal course of business. Knowledge of Insolvency He caused Richwood to repay loans outstanding to him after a series of events following which he ought to have known that the company was unable to meet its liabilities as and when they fell due:
  • The payments were made to him after Richwood had entered into a payment plan with HM Revenue & Customs in September 2016 and the company was not meeting its tax liabilities as and when they fell due.
  • The payments were made to him after Richwood was subject to a court order to pay at least £68,816 plus VAT to a trade creditor by no later than October 2016.
  • The payments were made to him after Richwood suffered a large bad debt, leaving an amount owed to Richwood of at least £170,000 by November 2016.
  • In December 2016 a connected company entered into liquidation owing £247,594 to Richwood.
  • By repaying loans outstanding to him, he has put himself in a better financial position than Richwood’s creditors. At the date of Administration, Richwood’s total deficiency is £627,736. 

    This information is correct as at 19 / 2 / 2019



    If you believe this page contains any errors, please email civil.proceedings.team@insolvency.gov.uk with details of the error that you have found.

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