Newry father and son disqualified after builders go into liquidation
A father and son who ran a construction company have been disqualified as directors after the firm went into liquidation.
Ciaran Peter Morgan (33) of Benagh Road, Mayobridge, Newry has been disqualified for four years and Peter Francis Morgan (64) also of Benagh Road, Mayobridge, Newry, accepted a three-year disqualification in respect of their conduct as directors of CP Morgan Contracts Ltd.
The company carried on business as a ground works company readying sites for building work from Aughnagon Road, Newry, and went into liquidation in March 2011 with debts of around £230,712.
The pair were said to have allowed the company to fail to repay £14,057 in taxes for the year 2010/11 and £55,152 in corporation tax.
They failed to file accounts for the years ended June 30, 2007, and June 30, 2009, and failed to file annual returns for the years ended June 14, 2009, and June 14, 2010 in time.
Ciaran Peter Morgan was also said to have failed to fully co-operate with the official receiver by not submitting a statement of affairs, failed to provide documentary evidence to explain the deficiency on the winding up of the company, and failed to deliver up accounting books and records.
The Department of Enterprise, Trade and Investment said it has accepted 19 disqualification undertakings and the court has made four orders disqualifying directors in the financial year commencing April 1, 2014.