The Insolvency Service has confirmed the outcome of its investigation into the directors of the Greensill group of companies. Greensill Capital (UK) Limited and Greensill Capital Management Company (UK) Limited both entered into administration on 8 March 2021. Greensill Limited and Greensill Capital Securities Limited both entered into creditors’ voluntary liquidation respectively on 30 July 2021 and 24 June 2022.

The Insolvency Service consultation on corporate civil enforcement reforms, published on 25 March 2026, has had its closing date extended from 17 June 2026 to 22 June 2026. There are 11 options set out in the consultation aimed at modernising the director disqualification and company winding-up regime. Key structural changes include mandatory director disqualification following public interest winding-up orders, the introduction of a new director restrictions regime for lower-level misconduct and transferring decision-making powers for disqualification from the courts to the Secretary of State with a right of appeal to a tribunal. In addition to these changes, the consultation also proposes enhanced information-gathering powers, procedural reforms and new measures to disqualify directors following a single conviction for failure to comply with HMRC securities legislation.

The Insolvency Service Legal Services Directorate (LSD) is the lead criminal enforcement agency for insolvency-related fraud and corporate misconduct. It is the prosecuting authority for breaches of insolvency and company law referred to it by other teams within the Insolvency Service, the Official Receiver, by Companies House and other agencies. The LSD also deals with miscellaneous criminal matters arising within the Department for Business, Innovation, Science and Trade. The Insolvency Service has oversight of the full range of investigation and enforcement action that is being pursued. The LSD may refer cases to other enforcement bodies, such as the Crown Prosecution Service (CPS), HMRC or the Serious Fraud Office (SFO), dependent upon the nature or scale of the criminal offences being investigated. Practitioners must consider the role of LSD when thinking about the potential liability for their clients. As a prosecuting authority, when taking the decision whether to prosecute, LSD is bound by the CPS Code for Crown Prosecutors, applying the requisite evidential test and public interest test. See Practice Note: The decision to prosecute and selection

The Insolvency Service has reported the winding up of two connected retail companies located in China, Both Hario Trading and Sayhi International, for providing its customers with defective and inferior clothing online. Following the Insolvency Service's investigations, it was revealed that the companies were failing to provide refunds for its second-rate merchandise while neglecting to furnish its customers with the goods at all, in some instances.

The Insolvency Service has banned Syzmon Jastrzebski, sole director of E Marketing Ltd, after applying for two bounce back loans (BBL) amounting to £100,000 when businesses were only entitled to one. Jastrzebski hid the existence of the first loan when his company went into liquidation in July 2021. Jastrzebski was handed a disqualification order on 26 March 2024 and was ordered to pay costs of £3,566 by the start of his disqualification.

The Insolvency Service has banned Lukas Horvath, director of Storm Hand Car Wash in Sheffield, from acting as a company director for eight years, after the company was fined £75,000 for immigration breaches. The disqualification order, effective from 11 November 2024 until 2032, prohibits Horvath from engagement in company promotion, formation, or management without the court's permission.

The Insolvency Service has disqualified Alastair Lunt, the director of Peak PAYE Ltd, from acting as a company director for ten years after instigating a tax avoidance scheme which resulted in more than £2.5m of unpaid tax. Lunt’s company was commanded by HMRC to cease operation of the scheme in November 2022 and entered into liquidation in December 2022. Lunt's ban started on 30 September 2024.

The Insolvency Services has disqualified Samantha Fairweather, the sole director of an Essex construction firm, for eight years following a series of fraudulent activities. The company accepted more than £300,000 towards home improvement work that it failed to complete whilst insolvent, owing more than £100,000 in tax. Fairweather also breached the Covid Bounce Back Loan Scheme regulations by misusing £11,000 of the £50,000 loan for non-business purposes.

The Insolvency Service has banned former professional footballer, Kieron Minto-St.Aimie, as a company director for eight years after deceptively acquiring a covid bounce back loan (BBL) for his sports academy in Brent. Minto-St.Aimie made a fraudulent claim for a £25,000 BBL, by overstating the company's turnover by £60,000, to secure a larger loan than the £10,000 to which the business was entitled.

Three directors of Elysian Care Limited—a company that operates care homes—have been disqualified after reports of several instances of misconduct. More than £500,000 of care home residents' fees provided by the local authority was paid into the personal account of one director (Darren William Lloyd) who instructed a staff member to amend the banking details held by the local authority. The trio were also negligent in maintaining sufficient records and failed to supply a statement of affairs to the Administrator. As a result, all three directors have been banned from directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company.

The Insolvency Service has announced that Savio Gilbert Pereira, aged 46, and Sajid Anver Valimohammed, aged 37, have been disqualified as company directors for a total of 19 years following separate Insolvency Service investigations which uncovered financial misconduct.

The Insolvency Services has reported the shut down of Funnyfuzzy UK Co.Ltd for providing its customers with inferior and defective pet supplies. Following the Insolvency Service's investigation, it was revealed that the company had been misleading its customers by providing them with second-rate merchandise; failing to deliver ordered items; and refusing to issue refunds while lodging fabricated dormant accounts and evading VAT registration.