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Hotel director banned for seven years

02 December 2016 by

A hotelier who ran a hotel on the west coast of the Highlands of Scotland has been banned for acting as a director for seven years.

Nancy Georgeson, 54, of Mallaig, was disqualified for failing to maintain adequate company records, register her company for VAT, submit annual accounts and pay corporation tax and PAYE.

She was the director of NJMAC Enterprises Limited, which traded as the Marine Hotel, Station Road, Mallaig.

The disqualification, effective from 5 December, prevents her from directly or indirectly becoming involved in the promotion, formation or management of a company for the duration of the term.

Commenting on the disqualification, Robert Clarke, investigations group leader at the Insolvency Service, said: "Directors have a duty to ensure that their companies maintain proper accounting records, and, following insolvency, deliver them to the office-holder in the interests of fairness and transparency.

"Without a full account of transactions, it is impossible to determine whether a director has discharged duties properly, or is using a lack of documentation as a cloak for impropriety. Ms Georgeson has paid the price for failing to do that, as she cannot now carry on in business other than at her own risk."

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