The Insolvency Service uncovered serious failings in 12 of the companies where Taylor was director, revealing he made little or no effort to verify their financial affairs.
The Atherton Corporate scheme has enabled over 1,000 directors of failing firms to avoid debts, including unpaid taxes, amounting to tens of millions of pounds.
Stephen Hunt described Taylor's disqualification as a 'useful public declaration' against improper service, advocating for an immediate cessation of such practices.
Dave Magrath stated that Taylor hindered liquidators' efforts to find assets, resulting in significant losses for creditors and a breach of his director duties.
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