Manchester company which took advantage of struggling businesses shut down
What was announced
Clark Sinclair Limited took more than £123,000 from businesses with debts by claiming they could provide alternatives to formal insolvency.
Key points, in the publisher's words
- Clark Sinclair Limited offered to arrange sales of financially distressed businesses for £1 and charged a fee.
- They misleadingly suggested directors could avoid scrutiny by selling their companies before liquidation.
- The company was wound up by the High Court in Manchester on 29 October 2026.
Figures in this announcement
Each line is quoted from the original. Figures are as the publisher stated them on the day.
- “Clark Sinclair Limited offered to arrange sales of financially distressed businesses for £1 and charged a fee.”
- “The shares would be sold for £1, while Clark Sinclair charged brokering fees of between £2,500 and £6,800.”
- “Investigators identified £123,052 in customer payments, across two company accounts, and identified 51 companies which appeared to have changed ownership following payments to Clark Sinclair.”
Who and where
UK bodies of power
- The Insolvency Service (executive agency) · more news
Where this sits in the 10 levels of power
Topics, as GOV.UK files them: Business and industry.
Receipt
- Original: https://www.gov.uk/government/news/manchester-company-which-took-advantage-of-struggling-businesses-shut-down
- Published 2026-11-04 10:22:20 UTC
- Read by this site 2026-11-04 10:30:04 UTC from GOV.UK
- Saved copy: receipt 7842, with its SHA-256 fingerprint
Contains public sector information licensed under the Open Government Licence v3.0.
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