Case details for Steven David HUTTON

Name: Steven David HUTTON


Date of Birth: 17 / 6 / 1975

Date Order Starts: 14 / 11 / 2022

Disqualification Length: 8 Years 0 Month(s)

CRO Number: SC352267

Last Known Address: 1/6 59 Rose Street,, , , , GLASGOW, G3 6SP

Conduct: In the period between 1 January 2019, the day following the last accounts filed at Companies House and the date Marchmount entered liquidation on 20 March 2020, the Defender failed to ensure that Marchmount maintained and/or preserved adequate accounting records, or in the alternative failed to deliver up such records to the Liquidators. The result of which is that it has not been possible to verify the following: Whether receipts into the Marchmount bank accounts, totalling £63,823 are a true representation of all the company’s sales and whether the income was used for the benefit of the company. The level of expenditure paid out by Marchmount. Whether the debtors included in the Accounts at 31 December 2018 have been collected for the benefit of Marchmount . While the Defender has provided partial records to the Liquidators which disclose debtors totalling £369,712, including an amount of £137,355 owed by a connected company, in the absence of adequate records it is not possible to verify the figure or that the debtors between 31 December 2018 and the date of liquidation have been collected for the benefit of the company. What happened to Fixed Assets totalling £137,340 shown in the Accounts at 31 December 2018. The true financial position of Marchmount between 1 January 2019 and the date of liquidation. 

This information is correct as at 22 / 11 / 2022

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