curiouser and curiouser

Every day we find out more and more of the nefarious business dealings of Mr Tim Allan. Two companies folded, a stack of outstanding County Court Judgements and Sheriff's warrants. No company accounts filed for years yet still allowed to trade. The protection offered to victims of company collapses is worse than poor. It's lamentable. In the UK the businessman is worshipped to the point of not even being held responsible let alone liable for the consequences of his or her actions and mismanagement - or even corruption. The Serious Fraud Unit also has the justifiable epithet 'Serious Farce Unit'. Companies House Investigation Unit works straight out of the Franz Kafka book of bureaucracy. They will take your complaint but won't tell you whether they will investigate let alone the results of any investigation. There are huge incentives for dodgy businessmen - divert a load of funds into your own personal account as 'drawings' as you're on your way down and then go bust. Creditors never get a chance. Trade whilst insolvent and then cease trading, apply to have your company struck from the register and abracadabra ! No liabilities and no comebacks. Set up a new company and off we go again. Watch this space as we have a number of tricks up our sleeves and are nothing if not tenacious.