It was a 124-year-old Welsh family business which took five generations to build up, yet a blunder over a single letter was all that was needed to cause its collapse, leaving the government with a £9 million legal bill.
A High Court ruling has found Companies House liable for the demise of Taylor & Sons Ltd, after they erroneously recorded that the Cardiff engineering firm had been wound up.
In fact it was another, entirely unconnected, company – Taylor & Son Ltd – which had actually gone bust.
By the time Companies House, an executive agency of the Department of Business, Innovation and Skills, tried to correct its mistake three days later, it was already too late for the Cardiff engineering firm.
“They [Companies House] had already sold the false information to the credit reference agencies,” said Philip Davison-Sebry, 57, former managing director and co-owner of Taylor & Sons Ltd.
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