Clark Sinclair Limited has been shut down by the High Court in Manchester on 29 October 2026, following an investigation by the Insolvency Service. The company was found to have provided misleading services to directors of companies facing financial difficulties.
The company offered to arrange sales of financially distressed businesses for a nominal fee of £1, while charging brokering fees between £2,500 and £6,800. Promotional emails suggested directors could avoid reputational damage by selling their companies before liquidation. Investigators identified £123,052 in customer payments across two company accounts, with 51 companies appearing to have changed ownership after payments to Clark Sinclair.
Furthermore, Clark Sinclair Limited misrepresented the role of insolvency practitioners and failed to warn clients that their advised actions could breach their duties as directors. The company's registered sole director claimed to have no knowledge of the company, raising concerns about their appointment without consent.
“"Clark Sinclair Limited took advantage of struggling businesses by offering directors a misleading route out of their company’s debts, charging thousands of pounds for the service."
David Usher, Insolvency Service Chief Investigator, added: "Selling a company does not prevent its former directors’ conduct from being investigated if it later enters liquidation. Clark Sinclair Limited not only deceived their customers but undermined the insolvency sector."
Clark Sinclair Limited (company number 15324100) was incorporated on 3 December 2023 and registered at Initial Business Centre, Wilson Business Park, Manchester. Enquiries concerning the company should be made to the Official Receiver of the Public Interest Unit at PIU.OR@insolvency.gov.uk.
