Alan Tabley, of Vine Court, Box, also failed to disclose the extent of company property to the liquidator and did not preserve accounting records for a three year period.

Now the 59-year-old, who was an officer of Kempton Properties Ltd which went into voluntary liquidation in 2003, could face the prospect of a jail term.


Tabley pocketed more than £50,000 worth of property from the company when it was being wound up, a judge at Swindon crown court was told today.

In January he took £21,750 in shares and a property on Heathfield, Chippenham, another £12,542 two days later and a further £18,623.99p from the proceeds of sale of another property on Heathfield.

He also did not declare the full extent of the company's property to the liquidator on May 14, 2003, or retain the accounts from May 2003 up to May 2005.

Tabley pleaded guilty to three counts of removing part of company property.

He also admitted one charge of failing to disclose the full extent of company property to the liquidator and one of not retaining accounts for three years.

Tabley pleaded not guilty to failing to keep proper accounts, removing £2,000 in cash from the company, failing to deliver all documents to the liquidator and failing to comply with parts of the Insolvency Act.

He had originally denied all of the allegations but changed his pleas to guilty on the five matters meaning a trial will not be necessary.

Oliver Willmott, prosecuting, said "These pleas have been considered and are acceptable. We propose to deal with the outstanding counts at sentence."

Simon Morgan, defending, asked for the case to be adjourned so a pre-sentence report can be prepared on his client by the probation service.

He also said that Table was receiving psychiatric assistance' for some time and said he may submit a report from a psychiatrist.

Recorder Nicholas Haggan QC adjourned the case to Thursday November 29 and released Tabley on unconditional bail.

See Original Article

If your company needs help with debt and you would like some friendly and professional advice then call us now.

Call us on: 0800 071 1616

Email us on: info@debtsgone.co.uk

Website: www.debtsgone.co.uk