Alex Gabb, a director of former haulage and engineering temp agency FCS Resourcing, has been disqualified from being a director for seven years for manipulating invoices. 

The company no longer exists – it was placed into administration in January 2014 and dissolved in November 2015.

The Insolvency Service found Gabb, of Nottinghamshire, breached terms of a factoring agreement through the way he manipulated invoices.

The service said in a statement yesterday Gabb was found to have:

• arranged payment of invoices directly to FCS after having submitted the invoices to the factoring company

• submitted invoices to the factoring company that differed from those issued to customers

• submitted invoices to the factoring company that were false

FCS entered into the factoring agreement on 14 June 2010, whereby invoices were assigned to the factoring company, which paid the recruiter and collected payments from customers. 

Between 2 September 2013 and 20 January 2014, FCS issued at least 20 invoices to six customers that breached the agreement, causing a loss of over £67k to the factoring company. 

That company appointed administrators over FCS on 29 January 2014, claiming £142,569.

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