The son, Matthew Richard Sixsmith, 31, of Whittle le Woods in Lancashire, was banned from acting as a director until 2020, after an investigation by the Insolvency Service.
The court found the younger Sixsmith allowed his father Richard Sixsmith, from Bolton, to effectively manage Bridgewater House, a mortgage broking company, even though the son had given an undertaking to the Office of Fair Trading (OFT) he would stop him managing the firm.
The father, Richard Sixsmith was banned for five years on 8 April 2005 relating to “misconduct” at another mortgage advice firm, The Mortgage Practice.
The son, Matthew Richard Sixsmith did not attend the hearing and offered no evidence in his defence.
Claire Entwistle, director of company investigations, North said: “In this case the directors attempted to circumvent the disqualification by a client and brokerage referral system. Directorship is not defined solely by the names listed at Companies House, it is the actions in respect of the company that define who is acting as director.
“Where disqualified directors continue to manage the affairs of a company, they will find that the protection of limited liability is not given to them and they may be criminally prosecuted. Likewise The Insolvency Service will act robustly against those who allow disqualified directors to act.”
