Upcoming Events

Jun
26
Tue
2018
9:00 am How to become a Non-Executive Di... @ Cornwall Buildings
How to become a Non-Executive Di... @ Cornwall Buildings
Jun 26 @ 9:00 am – 4:30 pm
How to become a Non-Executive Director – Birmingham 26 June 2018 @ Cornwall Buildings
Find out how you can obtain a Non-Executive Director position by booking a place on this interactive 1-day course.   ‘As an introduction to the world of NED’s this course is well structured to give[...]
Jul
17
Tue
2018
9:00 am How to become a Non-Executive Di... @ 111 Piccadilly
How to become a Non-Executive Di... @ 111 Piccadilly
Jul 17 @ 9:00 am – 4:30 pm
How to become a Non-Executive Director – Manchester 17 July 2018 @ 111 Piccadilly
Find out how you can obtain a Non-Executive Director position by booking a place on this interactive 1-day course. ‘As an introduction to the world of NED’s this course is well structured to give an[...]
Sep
11
Tue
2018
9:00 am How to become a Non-Executive Di... @ Institute of Directors
How to become a Non-Executive Di... @ Institute of Directors
Sep 11 @ 9:00 am – 4:30 pm
How to become a Non-Executive Director – London 11 September 2018 @ Institute of Directors
Find out how you can obtain a Non-Executive Director position by booking a place on this interactive 1-day course. ‘A well structured and presented introduction to the responsibilities, challenges and attributes required of being a[...]
9:30 am How to become a Non-Executive Di... @ Scotland Study Centre
How to become a Non-Executive Di... @ Scotland Study Centre
Sep 11 @ 9:30 am – 5:00 pm
How to become a Non-Executive Director – Edinburgh 11 September 2018 @ Scotland Study Centre
Are you thinking of becoming a Non-Executive Director as part of a Portfolio Career or to develop your boardroom skills prior to taking up an executive director role? Join us on Tuesday, September 11 2018 to[...]
Sep
19
Wed
2018
9:00 am The Effective Non-Executive Dire... @ Institute of Directors
The Effective Non-Executive Dire... @ Institute of Directors
Sep 19 @ 9:00 am – 4:30 pm
The Effective Non-Executive Director – London 19 September 2018 @ Institute of Directors
The effective Non-Executive Director course helps you to be an effective non-executive director. It instils a real sense of what is expected of NEDs, and how you can meet the challenge. This one-day interactive course is aimed[...]

Non-executive Director and Associate Non-executive Director, East Sussex Healthcare NHS Trust

Non-Executive Director and Associate Non-Executive Director, East Sussex Healthcare NHS Trust There is a vacancy for a Non-executive director and an Associate Non-executive director at East Sussex Healthcare NHS Trust. This is an exceptional opportunity to share your talents and expertise to make a positive difference to the lives of people in your community. S1692 […]

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[…]

NHS 24 and Golden Jubilee Foundation – Members

Members – NHS 24 and Golden Jubilee Foundation Reference: 1484 Remuneration: £8,251 per annum Location: Various locations throughout Scotland Closing date: 06 July 2018 at midnight If you are looking for a challenging, rewarding and worthwhile opportunity, we would like to hear from you. Applications are invited from a wide range of people who have […]

The post NHS 24 and Golden Jubilee Foundation – Members appeared first on NEDworks.

[…]

East and North Hertfordshire NHS Trust – Non-Executive Director and Designate Non-Executive Director

Non-Executive Director and Designate Non-Executive Director – East and North Hertfordshire NHS Trust We are recruiting a Non-executive Director and a Designate Non-executive Director for East and North Hertfordshire NHS Trust. These are exceptional opportunities to share your talents and expertise to make a positive difference to the lives of people in your community. M1685 […]

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[…]

Public Concern at Work (PCaW) – Trustee

Trustee – Public Concern at Work (PCaW) Public Concern at Work (PCaW), the leading whistleblowing charity, seeks a lawyer with expertise in the legal framework in relation to whistleblowing, including the Public Interest Disclosure Act 1998, to join the board as we begin the next stage of our development. PCaW aims to stop harm sooner by: […]

The post Public Concern at Work (PCaW) – Trustee appeared first on NEDworks.

[…]

Accent Group – Non-Executive Directors

Accent Group – Non-Executive Directors Recruiter: Accent Group Location: Yorkshire and the Humber Salary: £9,000 (NED) & £4,500 (Committee Members) Posted: 15 Jun 2018 Closes: 06 Jul 2018 Sector: Asset & Fund Management, Housing & Social, Planning & Development, Residential Investment & Development Job Role: Director Contract Type: Permanent Hours: Full Time Accent Group Non-Executive Directors […]

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[…]

News story: Carillion: Official Receiver’s employment update

A spokesperson for the Official Receiver said:

Secure ongoing employment has been confirmed for a further 18 workers and regrettably two staff will be leaving the business this week.

We continue to discuss with potential purchasers Carillion’s remaining contracts and I am keeping staff, elected employee representatives and unions informed as these arrangements are confirmed.

Further information: in total, to date 11,972 jobs (66% of the pre-liquidation workforce) have been saved and 2,354 (13%) jobs have been made redundant through the liquidation a further 1,135 employees have left the business during the liquidation through finding new work, retirement or for other reasons this information does not include jobs attached to contracts where an intention to purchase has been entered into but has not yet formally occurred aproxiomately 2,600 employees are currently retained to enable Carillion to deliver the remaining services it is providing for public and private sector customers until decisions are taken to transfer or cease these contracts further information about rights in redundancy is available on gov.uk […]

Imperial College Healthcare NHS Trust – Chair

Chair – Imperial College Healthcare NHS Trust We are looking for an exceptional leader to Chair the Imperial College Healthcare NHS Trust L1629 One of the largest NHS Trusts, with close to 11,000 staff serving over one million patients a year, Imperial College Healthcare provides a wide range of acute and specialist care for its […]

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[…]

Portsmouth Water: Non-Executive Director

Non-Executive Director – Portsmouth Water Recruiter: Portsmouth Water Location: Havant, Hampshire Salary: £25,650 per annum Posted: 14 Jun 2018 Closes: 28 Jun 2018 Position/Level: Board, Director Responsibilities: Accounting, Business Development, Customer Service, Finance, Project / Programme Management, Strategy Sector: Telecoms / Utilities Contract Type: Contract / Interim Language: English Portsmouth Water is a water only […]

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[…]

Press release: Cash collection bosses disqualified for holding onto £5.8m

Doreen, Sean, Joanne and John Baker were all were directors of Coin Co International Plc (Coin Co) based in Burgess Hill, West Sussex, providing cash collections in transit services to local government, public bodies, charities, other organisations and businesses. The company also provided counting and foreign exchange coinage services.

The company was incorporated in January 1995 and its cash-in-transit services were undertaken under agreements which stipulated that the money collected, for example from car parks, was counted, banked and paid over to the customer.

However, Coin Co fell behind with payments of collected funds to their clients from at least March 2013, more than a year before it went into administration in November 2014, breaching contracts it had entered into.

At administration, Coin Co had assets of £1,866,066 and liabilities of £11,397,211 and investigators looked at the company’s activities, discovering several instances of mismanagement.

In one case, four different customers were owed £5.8 million by Coin Co who had collected funds on their behalf but had not returned the money, directly breaching previous agreements.

The directors did not dispute the findings of the investigation, which, among other things, found that, they:

held on to £5.7m of clients money, in contravention of their contract caused or allowed the company to breach commercial agreements relating to a coin collection service provided to a number of clients allowed the company to fall behind with payments of collected funds to its clients from at least March 2013

John, Doreen, Joanne and Sean Baker, provided disqualification undertakings to the Secretary of State for Business, Energy, Innovation and Science, effective from 3 May 2018, for eight years each.

Doreen, Sean and Joanne Baker were appointed directors on 30 January 1995 and John Baker was appointed as a director on 1 January 1998. The disqualifications prevent the directors from directly or indirectly becoming involved in the promotion, formation or management of a company for the duration of their terms.

Robert Clarke, Investigations Group Leader at the Insolvency Service commented:

It is clear that companies handling money on behalf of others have a duty to ensure that funds collected are duly paid over to the rightful owners, under the agreements entered into. Directors who fail in these duties will be investigated and removed from the corporate arena for a lengthy period.

Any individual who is registered as a director must make themselves aware of the duties such a position carries with it, and further that they are able and willing to carry out those duties and ensure that the business for which they hold responsibility is managed in compliance with its obligations under agreements entered into or they too may face disqualification in the event of failure.

Notes to editors

Coin Co International Plc (Company number 03015844) was incorporated on 30 January 1995 and went into administration on 27 November 2014. At Administration it had assets of £1,866,066 and liabilities of £11,397,211.

Both John (Date of birth: June 1947) and Doreen Baker (Date of birth: July 1946) reside in Hassocks, West Sussex. Sean Baker (Date of birth: 22 June 1970) resides in Burgess Hill, West Sussex and Joanne Baker (Date of birth: 10 February 1972) resides in Brighton.

In giving their disqualification undertakings, John Francis Baker, Doreen May Baker, Sean Baker and Joanne Baker, did not dispute that:

they caused or allowed Coin Co International Plc (“Coin Co”) to breach commercial agreements relating to a coin collection service provided to a number of clients, in that Coin Co failed to pay client monies collected on behalf of clients, at least four of which entered into contracts which specifically stated that ownership of funds collected never passed to Coin Co, resulting in an amount outstanding to those clients at the date of the Administration of at least £5,757,759 included in a total amount outstanding to all cash in transit clients of at least £6,154,948, which is material to Coin Co’s deficiency at administration of £8,078,316 Coin Co entered into agreements with clients for the collection, counting and banking of coins received, for example, from pay and display car parks and charity collections Coin Co fell behind with payments of collected funds to its clients from at least March 2013 at least four contracts entered into with clients specifically stated that the funds collected were not the property of Coin Co and must be paid over to the clients within a specified number of days. Coin Co would then invoice the client for the agreed service charge outstanding to them. These four clients were due £5,757,759 at administration in relation to funds held by Coin Co not paid over as per the terms of their contracts. These monies dated back to collections made from July 2013 onwards, and were due to be paid over between four and ten days after the cash was collected

from at least 1 October 2013, when the co-directors were in dispute with a major client as to Coin Co’s claim that historic sums were owed to Coin Co by that major client in respect of replenishments, they caused or allowed Coin Co to act at risk of and to the detriment of clients other than the major client (the other clients) in that:

in the knowledge that the major client denied owing sums to Coin Co for replenishments the co-directors failed to preserve monies collected on behalf of the other clients, instead intermingling monies collected on behalf both of the major client and of the other clients and making payments to the major client from the monies so intermingled despite demands from the other clients that monies collected on their behalf be paid over in accordance with contractual obligations, the Mr Baker and his co-directors failed to make payments when due to the other clients and to otherwise preserve monies collected from them, causing detriment to the other clients who at the date of Administration were owed a total of at least £5,688,133.

A disqualification order has the effect that without specific permission of a court, a person with a disqualification cannot:

act as a director of a company take part, directly or indirectly, in the promotion, formation or management of a company or limited liability partnership be a receiver of a company’s property

Disqualification undertakings are the administrative equivalent of a disqualification order but do not involve court proceedings.

Persons subject to a disqualification order are bound by a range of other restrictions.

The Insolvency Service administers the insolvency regime, investigating all compulsory liquidations and individual insolvencies (bankruptcies) through the Official Receiver to establish why they became insolvent. It may also use powers under the Companies Act 1985 to conduct confidential fact-finding investigations into the activities of live limited companies in the UK. In addition, the agency authorises and regulates the insolvency profession, deals with disqualification of directors in corporate failures, assesses and pays statutory entitlement to redundancy payments when an employer cannot or will not pay employees, provides banking and investment services for bankruptcy and liquidation estate funds and advises ministers and other government departments on insolvency law and practice.

Further information about the work of the Insolvency Service, and how to complain about financial misconduct, is available.

Contact Press Office

Media enquiries for this press release – 020 7637 6498

Press Office

The Insolvency Service

4 Abbey Orchard Street
London
SW1P 2HT

Email press.office@insolvency.gsi.gov.uk

Media Manager 020 7596 6187

This service is for journalists only. For any other queries, please contact the Insolvency Enquiry line on 0300 678 0015.

For all media enquiries outside normal working hours, please contact the Department for Business, Energy and Industrial Strategy Press Office on 020 7215 1000.

You can also follow the Insolvency Service on:

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YouTube

[…]

Dudley Group NHS Foundation Trust – Non-executive Director

Non-executive Director – Dudley Group NHS Foundation Trust The Trust is looking for an individual with senior leadership experience and a passion for improvement. Ideally the successful candidate will have a sound understanding of partnership working. The Dudley Group is the main provider of hospital and adult community services to the populations of Dudley, significant […]

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[…]