Marcus Evans company faces fine

ONE of the companies owned by Ipswich Town chief Marcus Evans will be fined for not filing its accounts on time, it has emerged.

ONE of the companies owned by Ipswich Town chief Marcus Evans will be fined for not filing its accounts on time, it has emerged.

Marcus Evans Limited, which deals with exhibitions and conferencing, should have filed its accounts to Companies House on July 30 last year.

However, the company is still yet to file and is liable to be fined �1,500 by Companies House - the official UK Government register of UK companies.

If Marcus Evans Limited - part of the Marcus Evans Group - fails to file its accounts, Companies House can remove it from the company's register.


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However, a spokesman for Marcus Evans Group last night said that the accounts will be filed within the next two weeks.

“Marcus Evans Group is a very large and complex business and it takes time to ensure we have up to date financial accounts. They will be filed in the next two weeks.”

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A Companies House spokesman said: “If a company is late in filing its statutory documents, in this case accounts, it receives a late filing penalty. The level of penalty will depend on how late that is. When somebody is late we send them what may become a series of reminder notices at which time they may offer reasons for the lateness. There are transitional dates through which late filers pass, after which the fines rise. Ultimately, a failure to respond at all can lead us to conclude that the company concerned should be removed from the register. Late filing has not been so uncommon that it would cause us surprise but our new system, with increased penalties, has seen a marked improvement in the overall situation.”

Mr Evans officially became the club's majority shareholder in December 2007. He took on �32million of the club's debt and invested a further 12m.

The Marcus Evans Group employs more than 3,500 people in more than 36 countries.

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