Case details for NORMAN THORNTON

Name: NORMAN THORNTON

Name: NORJAN (PROPERTIES) LIMITED

Date of Birth: 31 / 12 / 1955

Date Order Starts: 9 / 9 / 2021

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 06310690

Last Known Address: Thornberry House,, Horton,, , , TELFORD,, TF6 6DR

Conduct: Between 11 February 2020 and 02 April 2020 Norman Thornton caused or allowed Norjan (Properties) Limited (“Norjan”) to enter into transactions to the detriment of its creditors, by diverting funds due to Norjan to a connected company and this was at a time when Norjan was insolvent and failing to maintain payments to its creditors. In that: • By 31 July 2017 at the latest, Norjan was balance sheet insolvent in that prepared accounts filed at Companies House for years ending 31 July 2017 and 31 July 2018 show that Norjan traded with a net liability of £37,923 and £83,903 for years 2017 and 2018 respectively; • From at least 27 September 2019, Norjan was cash flow insolvent, following a CCJ for £34,496.80 and costs of £1,605.00 granted against Norjan; • On 23 December 2019, Norman Thornton confirmed to enforcement agents that Norjan could not afford to pay any amount in respect of the CCJ and was due to consult insolvency practitioners; • On 28 January 2020 Norjan’s major client was instructed to make all future payments to a new bank account which was not in the name of Norjan. Between 11 February 2020 and 02 April 2020, 10 payments totalling £124,229.61 were made into this new account. Norjan did not settle the CCJ and with funds diverted away from Norjan’s bank account, had no prospect of repaying its creditors, and entered into liquidation on 28 July 2020 with total liabilities of £411,340.79. 

This information is correct as at 24 / 8 / 2021


Name: JANE THORNTON

Name: NORJAN (PROPERTIES) LIMITED

Date of Birth: 12 / 3 / 1967

Date Order Starts: 9 / 9 / 2021

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 06310690

Last Known Address: Thornberry House,, Horton,, , , TELFORD,, TF6 6DR

Conduct: Between 11 February 2020 and 02 April 2020 Jane Thornton caused or allowed Norjan (Properties) Limited (“Norjan”) to enter into transactions to the detriment of its creditors, by diverting funds due to Norjan to a connected company and this was at a time when Norjan was insolvent and failing to maintain payments to its creditors. In that: • By 31 July 2017 at the latest, Norjan was balance sheet insolvent in that prepared accounts filed at Companies House for years ending 31 July 2017 and 31 July 2018 show that Norjan traded with a net liability of £37,923 and £83,903 for years 2017 and 2018 respectively; • From at least 27 September 2019, Norjan was cash flow insolvent, following a CCJ for £34,496.80 and costs of £1,605.00 granted against Norjan; • On 23 December 2019, other named director confirmed to enforcement agents that Norjan could not afford to pay any amount in respect of the CCJ and was due to consult insolvency practitioners; • On 28 January 2020 Norjan’s major client was instructed to make all future payments to a new bank account which was not in the name of Norjan. Between 11 February 2020 and 02 April 2020, 10 payments totalling £124,229.61 were made into this new account. Norjan did not settle the CCJ and with funds diverted away from Norjan’s bank account, had no prospect of repaying its creditors, and entered into liquidation on 28 July 2020 with total liabilities of £411,340.79. 

This information is correct as at 24 / 8 / 2021



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