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Council leader’s firm owes over £250,000

TORY council leader Mike Jones’ liquidated firm has debts totalling £250,000 with more than £80,000 owed to the tax man.

TORY council leader Mike Jones’ liquidated firm has debts totalling £250,000 with more than £80,000 owed to the tax man.

Cllr Jones, leader of Cheshire West and Chester Council, is director of Saltney-based ASC Developments (Chester) Ltd which was wound up at a creditors’ meeting on Tuesday.

Major creditors were revealed as:

HM Revenue and Customs owed £80,945

Employees owed £64,884 for redundancy and holiday pay

Suppliers and sub-contractors owed £50,211

Nat West Bank, in Eastgate Street, owed £34,711.

The Nat West debt is secured against units, from where ASC operated, which transferred to associated company Hargrave Properties Ltd in 2007.

Cllr Jones himself is owed £20,218 after loaning his own money to the business to help keep it afloat.

Among the other unsecured creditors are local firms including Saltney-based A1 Scaff Ltd owed £1,174, Hoole Bank-based Deva Forge Fabrication owed £650, Hoole-based Brian J Watts owed £812 and Saltney-based Fast Frame Direct owed £648.

Last June ASC survived a winding-up petition raised by HMRC after a settlement was reached. At the time Cllr Jones believed trading conditions were about to improve but this proved too optimistic.

The final blow was when ASC lost a national contract for housing maintenance with effect from April 1 this year.

Neither Cllr Jones, who represents Tattenhall, nor the council is prepared to comment because the issue is regarded as a private matter.

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