How Companies House destroyed a family business with a single typo

first_img Tags: NULL Wednesday 28 January 2015 4:36 am If you’re having a bad morning, spare a thought for the owners of Taylor and Sons, a 124 year-old Cardiff-based military equipment supplier which was pushed into administration – after a typo made by Companies House.A High Court judge has ruled that the government body must pay out £8.8m to the owners of the company, after it mistakenly listed it in February 2009 as having been “wound up” – when in fact, it was Taylor and Son (with a crucial missing “s”), which had gone bust.   The outcome, said the claimants, was that when Taylor and Sons’ customers and suppliers checked its records, they were put off doing business with it. In fact, Philip Davison-Sebry, the company’s former managing director, said that despite its attempts to reassure them, within three weeks all 3,000 of its suppliers had terminated their orders, while credit facilities were withdrawn. And while the typo was fixed within three days, “word had got around” and customers – including Tata Steel, with whom it had a £400,000-a-month deal – cancelled their contracts.Davison-Sebry added that one client had called him while he was on holiday. “They said they weren’t happy at all I was on holiday, asking how could I be on holiday at a time like this?”Mr Justice Edis concluded there was no reason the company should have gone into administration, apart from the mistake by Companies House, and that the “assumption of responsibility” was therefore on the government body.”Balancing the harm actually done to the company in this case against the potential adverse impact upon Companies House it is clear that the balance favours the loss falling on Companies House rather than the company.’To say that it was also owed to every other company on the register is only to say that a hospital owes a duty to each patient which it treats, and may come to owe duties to many thousands of people in the course of a year. That is of course true, but not a reason for denying that the hospital ever owes any duty.” How Companies House destroyed a family business with a single typo Emma Haslett Share whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPuffer fish snaps a selfie with lucky divernypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Show Comments ▼ whatsapplast_img

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