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Directors of Edinburgh developer disqualified from business

Garry Gibson was previously disqualified from acting as a company director in July 1997 for a period of 12 years in relation to his misconduct as a director of Red Castle Homes Ltd. Between 2002 and 2008 Garry Gibson breached the disqualification order and acted in the management of Roxburgh Homes using his son to act as a director in name only.

Despite his existing disqualification The Insolvency Service found that Mr Gibson was the main point of contact with the company’s bankers; described himself as the ‘owner’ of Roxburgh Homes and negotiated a joint-venture agreement with a finance company. Roxburgh Homes Limited went into compulsory liquidation on 13 October 2008 owing £475,826 in respect of liabilities that began accruing in December 2006.

Steven Gibson was appointed as a registered director of the company on 30 June 2005. Investigators found Steven Gibson abrogated his duties to his father, and by doing so caused or permitted Garry Gibson to act as a director, which led to the detriment of a number of creditors.

Members of the public who think they know of a person who is acting in breach of a Director Disqualification Order or Undertaking can report them to The Insolvency Service Enforcement Hotline on 0845 601 3546.

Commenting on the disqualifications, Robert Burns, Head of Company Investigations and Enforcement at The Insolvency Service said:

“The public and other company directors should be reassured that The Insolvency Service has robust powers which we will not hesitate to use to protect consumers from directors like Mr Gibson who ignore the terms of their disqualification and go on to run further businesses to the detriment of their creditors.”

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