Eight-year boardroom ban for the former director of kitchen company
The director of a Co Down kitchen company which went into liquidation owing over £1m has been handed an eight-year boardroom ban.
Colin Smyth (32) of Kipkarren Road in Newtownards was disqualified from acting as a director by the Department of Enterprise, Trade and Investment (DETI) for his conduct at the helm of Thomas Bell Design Centre.
Mr Smyth gave a disqualification undertaking to Department of Enterprise, Trade and Investment after admitting to losing customers' deposits and failing to file accounts and annual returns.
When the company went into liquidation in May 2009 it had no assets and owed £1.035m to creditors.