From Admission Document 20061 Jun 2011 07:59
(g) In 1988, G.S.L. Forrest, as a newly qualified accountant was coerced into altering stock
valuation figures in respect of the company with whom he was then employed, under threats
from his superiors of loss of his employment. This resulted in his being censured and fined
£500 plus costs by the Institute of Chartered Accountants in England and Wales.
(h) (i) J P Pither is a director of World Telecom plc which went into administrative
receivership on 23 December 1999 and he is a director of Fenns Bank Estates Limited
which went into creditors voluntary liquidation in February 2002.
He was also a director of Lady In Leisure Group plc which was subject to an
administration order in September 2001. The order was discharged in January 2005.
J P Pither resigned as a director of Avon Group Holdings Limited on the 22 January
2001, the same month in which an administrative receiver was appointed. He was also
a director of Eurokit U.K. Limited which had an administrative receiver appointed in
March 2001. He ceased to be a director of this company on 2 March 2004. Jon Pither
also resigned as a director of Galatial Ace plc on 25 March 2004, one month after a
liquidator was appointed.
J P Pither was also the non-executive chairman of Dolomore Limited and a director of
Maison Caurette Holdings Limited (a non-trading subsidiary of Dolomore Limited)
which were put into administrative receivership on 25 March 1996. He ceased to be a
director of both of these companies on 31 December 2003 and the receivers ceased to
act on 10 November 2004.
(ii) Until 6 November 1992, G S L Forrest was a director of Shootplan Limited, Beehive
(Newcastle) Limited, Jimmy’z Bar (Shaftesbury Avenue) Limited, Lessonarrive
Limited, Bliss (Nightclubs) Limited, City Leisure (Earls Court Road) Limited, Yel
Limited, Buzz (Leeds) Limited and Hazeage Limited. G S L Forrest had no beneficial
interest in the shares of any of these companies. In the period 29 September 1992 to the
5 May 1993 each of these companies was the subject of administrative receivership
and/or winding up proceedings. All of the above companies have now been dissolved.
G S L Forrest was also a director of Lady In Leisure Group plc and its subsidiary
companies, each of which was subject to an administration order in September 2001.
The order was discharged in January 2005.
(iii) G S L Forrest is a director of Barncross Limited. On 17 November 2006 resolutions
were passed to place the company in creditors voluntary liquidiation.
(iv) S M Roberts was a director of Efforsenrab (149) Limited, Efforsenrab (150) Limited,
Efforsenrab (151) Limited, Efforsenrab (152) Limited and Efforsenrab (153) Limited.
Each of those companies was formed for the purposes of a tax planning scheme and was
placed into members voluntary liquidation in connection with that scheme.
(v) M Yeoman resigned as a director of Westgolf (UK) Limited in November 2002. The
company was placed in liquidation in
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