Press release

Insolvency Service investigation leads to shut down of multi-million pound network of South London property and music companies

A group of 14 connected property letting, investment-and-development and music companies, primarily based in Catford, South London have been ordered into liquidation by the High Court on 4 June on grounds of public interest for a string of breaches of company law.

The winding up follows an investigation by the Insolvency Service.

The companies were part of an operation run by Mr Charles Gordon, who describes himself as:

Founder of Genetic Records, Charles Gordon Artist Management, Charles Gordon Property and Investments and writer of secrets of emPOWERment” and claimed that his “property and music empire is worth in excess of £50 million.

The investigation found that numerous companies, including 1st Property Services UK Limited trading as ‘Property Power UK’ (dissolved 15 February 2005); Property Power UK Limited trading as both ‘Charles Gordon Estates’ and ‘Credence’ (dissolved 17 February 2009); and Refined Property Services Limited (dissolved 7 July 2009); were set up in a manner designed to be confusing and obstructive and to continue a property letting business that failed in July 2003 but which continued to operate from 151 Rushey Green, Catford, South London through a variety of companies and trading styles and most recently ‘Credence Property Services’.

The property letting and the property investment and development business was conducted through Credence Limited, Ashingtons Refined Limited, Piper London Limited, Refined (UK) Limited, Refined London Ltd, Refined 1 Limited, Kudan Homes Limited, Ambassador Homes Limited and Property Services (1) Limited.

The music business was conducted through Genetic UK Limited, Genetic Records Limited, Music and Fashion Integrated Artist Alliance Limited, Music Publishing Limited and Charles Gordon Entertainment Management Limited.

The music artists included “Big Brovaz”, “Bootyluv” and “Fe-Nix”.

Welcoming the Court’s winding up decisions Chris Mayhew, Company Investigations Supervisor at the Insolvency Service, said:

The prolonged and systematic abuse of both the insolvency and the corporate regime enabled Mr Gordon to facilitate his personal business interests from the same Rushey Green address.

Nobody should be left in any doubt that we will act whenever we discover there are serious failings, as here, in particular by confidence tricksters such as Mr Gordon.

Mr Charles Gordon (see notes 15 and 16 below) and other individuals associated with the various companies used a number of aliases. In particular Mr Charles Gordon used the names Gassell Gordon, Charles Robers and Chris or Christopher Johnson.

The grounds for winding up each company are variously:

  • control by Mr Gordon,
  • lack of co-operation,
  • filing false accounts,
  • lack of transparency,
  • abandonment,
  • breach of the Companies Act 2006,
  • failure to file accounts and annual returns,
  • enable the companies’ affairs to be fully investigated and to
  • prevent them from being misused by Mr Gordon in the future.

The investigation identified that over £10 million has passed through bank accounts held by the various companies since 2005 and that the group companies are the registered owners of at least eight freehold properties and 26 leasehold properties. The combined purchase price for such properties is shown to be in excess of £9.5 million.

Notwithstanding such trading, the majority of the companies filed dormant accounts.

These include Ashingtons Refined Limited (see Note 2), where the investigation discovered that from June 2008 to September 2011 there were over 2,200 receipts and 3,100 payments with a combined value of over £3.2 million. Also Refined (UK) Limited (see Note 4) where the investigation identified there were over 5,800 transactions since November 2005 with receipts totaling nearly £2.5 million. Additionally in the case of Refined London Ltd (see Note 5) where the investigation discovered that between June 2006 and September 2011 receipts totaled over £7 million and the company also obtained loans in excess of £1.5 million. In the case of Music and Fashion Integrated Artist Alliance Limited (see Note 10) the investigation uncovered that there were transactions since April 2004 with receipts (including royalties) in excess of £1.5million

As a result of the wilful lack of co-operation on the part of all of the companies and their officers and because of the lack of accounting and other records produced to the investigation it has not been possible so far to establish the full extent of the business.

Notes to Editors

Credence Limited (CRO No. 04831520) was incorporated on 14 July 2003. The registered office of the company throughout has been 51 Iceland Wharf, Surrey Quays, London, SE16 7AB. The sole recorded director of the company throughout has been Mr Ricardo Roberts. The secretary throughout is shown to be Ms Andrea Roberts. The company’s share capital is shown to be 1,000 ordinary shares of £1 each and all shown to be held by Mr Ricardo Roberts. The company’s most recent accounts are for the period to 31 July 2010 and, like all accounts filed before, are dormant accounts.

Ashingtons Refined Limited (CRO No. 05933058) was incorporated on 12 September 2006. The registered office from incorporation to 03 August 2009 was 151 Rushey Green, London, SE6 4BD; from 03 August 2009 to 14 April 2011 59 Astbury Road, London, SE15 2NL and from 14 April 2011 to present date Suite 3, 219 Bow Road, London, E3 2SJ. The recorded directors of the company have been Mr Chris Johnson from incorporation to 08 August 2007 and Mr Jeoffrey Gordon from 24 May 2007 to 12 September 2011. The company has since been without a registered director. The secretary is shown to have been Ms Jasmine Carter from incorporation to 08 August 2007 and Ms Su Elise Nash from 18 August 2007 to present date. The company’s share capital is shown to be 1,000 ordinary shares of £1 each and all shown to be held by Mr Jeoffrey Gordon. The company’s most recent accounts are for the period to 30 September 2008 and, like all accounts filed before are dormant accounts (save for an unaudited balance sheet as at 30 September 2008 reporting the allotment of 1,000 ordinary shares of £1 each for £1,000.

Piper London Limited (CRO No. 07446506) was incorporated on 22 November 2010. The registered office from incorporation to 07 September 2011 was Flat 18, Bloomsbury Mansions, 101 Widmore Road, Bromley, Kent, BR1 3AD; from 07 September 2011 to 11 December 2012 Suite 3, 219 Bow Road, London, E3 2SJ and from 11 December 2012 to present date 6 Beecroft Road, London, SE4 2BS. The recorded directors of the company have been Mr Charles Roberts from incorporation to 05 September 2011 and Mr Seaton Smith from 05 September 2011 to 01 March 2013. The company has since been without a registered director. No secretary is shown to have been appointed. The company’s share capital is shown to be 1 ordinary share of £1 which is shown to be held by Mr Jamie Kimberley. No accounts have been filed.

Refined (UK) Limited (CRO No. 04871774) was incorporated on 19 August 2003. The registered office from incorporation to 23 December 2004 was 2nd Floor, 145-157 St John Street, London, EC1V 4PY; from 23 December 2004 to 17 March 2011 Suite 210 Coborn House, 3 Coborn Road, London, E3 2DA and from 17 March 2011 to present date Suite 3, 219 Bow Road, London, E3 2SJ. The recorded directors of the company have been Mr Charles Gordon from incorporation to 02 December 2011; Ms Andrea Roberts from 02 March 2009 to 31 August 2011 and Mr Jamie Kimberley from 01 July 2012 to present date. The secretary is shown to have been Ms Nicola Gordon from incorporation to 20 June 2012, No successor secretary is shown to have been appointed. The company’s share capital is shown to be 1,000 ordinary shares of £1 each and all shown to be held by Mr Charles Gordon. The company’s most recent accounts are for the period to 31 August 2010 and, like all accounts filed before, are dormant accounts.

Refined London Ltd (CRO No. 05752489) was incorporated on 22 March 2006 and dissolved on 24 December 2013. On 04 June 2014 the Court ordered the company’s restoration to the Register. The registered office from incorporation to 17 March 2011 was Suite 210, Coborn House, 3 Coborn Road, London, E3 2DA and Suite 3, 219 Bow Road, London, E3 2SJ from 17 March 2011 to the company’s dissolution. The recorded directors of the company have been Mr Charles Gordon from incorporation to 01 July 2011; Mr Charles Gordon re-appointed on 31 August 2011 to 01 December 2011; Mr Charles Gordon further re-appointed on 19 April 2012 to 20 June 2012; Ms Andrea Roberts from 10 March 2009 to 18 March 2011; Ms Andrea Roberts re-appointed on both 01 and 05 December 2011 to 19 April 2012; Mr Vincent Charlton from 01 July 2011 to 15 September 2011 and Mr Jamie Kimberley from 01 July 2012 to the company’s dissolution. The secretary is shown to have been Ms Nicola Gordon from incorporation to 20 June 2012. No successor secretary is shown to have been appointed. The company’s share capital is initially shown to be 1,000 ordinary shares of £1 each and all held by Mr Charles Gordon. On 01 November 2012 the 1,000 shares are all shown to have been cancelled. The company filed dormant accounts for all periods up to 31 March 2010 and unaudited abbreviated accounts for the periods ended 31 March 2011 and 31 March 2012 reporting a small loss.

Refined 1 Limited (CRO No. 06954871) was incorporated on 07 July 2009 in the name Oracle London Limited. On 24 April 2012 the company changed its name to B Minto Limited and on 18 June 2013 the company changed its name to its present style. The registered office from incorporation to 24 November 2009 was Flat 18, Bloomsbury Mansions, 101 Widmore Road, Bromley, BR1 3AD; from 24 November 2009 to 27 March 2014 151 Rushey Green, London, SE6 4BD; from 27 March 2014 to 31 March 2014 64 Broadfield Road, London, SE6 1NG and from 31 March 2014 to present date the same address but described as in Greater London.The recorded directors of the company have been Mr Charles Roberts from incorporation to 28 November 2011 and Mr Jamie Kimberley from 28 November 2011 to present date. No company secretary is shown to have been appointed. The company’s share capital is shown to be 1,000 ordinary shares of £1 each all of which are shown to be held by Mr Jamie Kimberrley. The company’s most recent accounts are for the period to 31 July 2011 and, like the accounts filed before, are dormant accounts. . Kudan Homes Limited (CRO No. 07507924) was incorporated on 27 January 2011. The registered office throughout has been Suite 210, Coborn House, Coborn Road, Catford (sic), London E3 2DA . The sole recorded director is shown to have been Mr Charles Gordon from incorporation to 01 November 2012. The company has since been without a registered director. No secretary is shown to have been appointed. The company’s share capital is shown to be 1,000 ordinary shares of £1 each all of which are shown to be held by Mr Charles Gordon. No accounts have been filed.

Genetic UK Limited (CRO No. 06194906) was incorporated on 30 March 2007. The registered office throughout has been Rivington House, 82 Great Eastern Street, London, EC2A 3JF. The recorded directors of the company have been Mr Charles Gordon from incorporation to 03 October 2010 and Ms Andrea Roberts from 25 June 2008 to 02 October 2012. The company has since been without a registered director. The secretary is shown to have been Ms Nicola Gordon from incorporation to 01 October 2012. No successor secretary is shown to have been appointed. The company’s share capital is shown to be 1,000 ordinary shares of £1 each, of which 600 shares are shown to be held by Ms Andrea Roberts and 400 shares held by Mr Charles Gordon.

The company’s most recent accounts are for the period to 31 March 2011 and, like all accounts filed before, are dormant accounts.

Genetic Records Limited (CRO No. 06779760) was incorporated on 23 December 2008. The registered office throughout has been Rivington House, 82 Great Eastern Street, London, EC2A 3JF. The sole recorded director of the company has been Mr Charles Gordon from incorporation to 31 May 2011. The company has since been without a registered director. The secretary is shown to have been Ms Nicola Gordon from incorporation to 31 October 2011. No successor secretary is shown to have been appointed. The company’s share capital is shown to be 1,000 ordinary shares of £1 each all of which are shown to be held by Mr Charles Gordon. The company’s most recent accounts are for the period to 31 December 2010 and, like the accounts filed before, are dormant accounts.

Music and Fashion Integrated Artist Alliance Limited (CRO No. 05026414) was incorporated on 26 January 2004. The registered office from incorporation to 31 August 2006 was Suite 210, Coborn House, 3 Coborn Road, Docklands, E3 2D and from 31 August 2006 to present date Rivington House, 82 Great Eastern Street, London, EC2A 3JF. The recorded directors of the company have been Mr Charles Gordon from incorporation to 01 November 2011; Ms Andrea Roberts from 16 January 2008 to 01 November 2011 and Mr Jamie Kimberley from 28 November 2011 to present date. The secretary is shown to have been Ms Nicola Gordon from incorporation to 01 November 2011. No successor secretary is shown to have been appointed. The company’s share capital is shown to be 1,000 ordinary shares of £1 each all of which are shown to be held by Mr Jamie Kimbereley. The company’s most recent accounts are for the period to 31 December 2010 and, like the accounts filed before, are dormant accounts. The company’s most recent accounts are for the period to 31 January 2011 and, like all accounts filed before, are dormant accounts.

Music Publishing Limited (CRO No. 06380390) was incorporated on 25 September 2007. The registered office of the company throughout has been Genetic, Rivington House, 82 Great Eastern Street, London, EC2A 3JF. The recorded directors of the company have been Mr Charles Gordon from incorporation to 29 August 2011 and Ms Andrea Roberts from 25 June 2008 to 30 August 2011. The company has since been without a registered director. The secretary is shown to have been Ms Nicola Gordon from 25 September 2007 to 02 October 2012. No successor secretary is shown to have been appointed. The company’s share capital is shown to be 1,000 ordinary shares of £1 each all of which are shown to be held by Mr Jamie Kimberley. The company’s most recent accounts are for the period to 30 September 2010 and, like all accounts filed before, are dormant accounts.

Charles Gordon Entertainment Management limited (CRO No. 06661340) was incorporated on 31 July 2008. The registered office of the company throughout has been Genetic, Rivington House, 82 Great Eastern Street, London, EC2A 3JF. The sole recorded director of the company has been Mr Charles Gordon from incorporation to 01 October 2011. The company has since been without a registered director. The secretary is shown to have been Ms Nicola Gordon from incorporation to 05 September 2012. No successor secretary is shown to have been appointed. The company’s share capital is shown to be 1,000 ordinary shares of £1 each of which 600 shares are shown to be held by Ms Andrea Roberts and 400 shares by Mr Charles Gordon. The company’s most recent accounts are for the period to 31 July 2010 and, like the accounts filed before, are dormant accounts.

Ambassador Homes Limited (CRO No. 07377360) was incorporated on 15 September 2010. The registered office throughout is shown to have been 1st Floor, 2 Woodberry Grove, North Finchley, London, N12 ODR. The sole recorded director of the company throughout is shown to have been Mr Leonard Roberts. No secretary is shown to have been appointed. The company’s share capital is shown to be 100 ordinary shares of £1 each all of which are shown to be held by Mr Leonard Roberts. The company’s most recent unaudited and abbreviated accounts are for the period to 30 September 2011 and show a small loss.

Property Services (1) Limited (CRO No. 07338249) was incorporated on 06 August 2010 and was dissolved on 20 November 2012. The registered office throughout is shown to have been 151 Rushey Green, London, SE6 4BD. The sole recorded director of the company throughout is shown to have been Mr Ricardo Roberts. No secretary is shown to have been appointed. The company’s share capital is shown to have been 1,000 ordinary shares of £1 each all of which are shown to be held by Mr Ricardo Roberts. No accounts have been filed.

On 22 July 2003 Mr Charles Gordon carrying on business as Charles Gordon Estates of 151 Rushey Green, Catford, London, SE6 1AT was adjudged bankrupt on a creditor’s petition presented to the Court on 28 April 2003 (Croydon County Court No 205 of 2003). On 31 August 2004 the Court ordered that the bankrupt’s discharge be suspended until such date the Court accepts a report filed by the Official Receiver confirming that he is satisfied that the bankrupt has complied with his obligations under section 288 and 291 of the Insolvency Act 1986. The bankrupt’s discharge remains suspended.

On 10 May 2011 Mr Gassel Gordon aka Charles Gordon was adjudged bankrupt on a creditor’s petition presented on 20 January 2011 again in the Croydon County Court (No 0068 of 2011). On 24 May 2011 the Court ordered that the bankrupt’s discharge be suspended until such date the Court accepts a report filed by the Official Receiver confirming that he is satisfied that the bankrupt has complied with his obligations under section 288 and 291 of the Insolvency Act 1986. The bankrupt’s discharge remains suspended. On 15 November 2011 Mr Gordon’s application to the Court to annul his bankruptcy was dismissed. On 18 February 2014 a further application was made, this time by Mr Gordon’s father acting as attorney for his son (the bankrupt). The application was dismissed and the bankrupt’s discharge remains suspended.

Section 288 of the Insolvency Act 1986 requires a statement of affairs to be submitted to the Official Receiver where a bankruptcy order has been made otherwise than on a debtor’s petition and Section 291 of the Insolvency Act 1986 sets out the duties of a bankrupt in relation to the Official Receiver.

The petitions to wind up the companies were presented in the High Court on 06 November 2013 under the provisions of section 124A of the Insolvency Act 1986 following confidential enquiries carried out by Company Investigations under section 447 of the Companies Act 1985, as amended.

The petitions were initially opposed by Mr Gassell Charles Gordon pursuant to a Power of Attorney granted to him by his son, also Mr Gassell Charles Gordon on 23 September 2013. The petitions were also initially opposed by a “Miss”, not “Mr” shown at Companies House Jamie Kimberley, who informed the Court that she had purchased Refined (UK) Limited, Refined London Ltd, Refined 1 Limited and Music and Fashion Integrated Artist Alliance Limited in 2011/12 as “I buy companies in this way as well as pre-existing websites as they improve SEO rating on Google”. None of the companies however are known to have had a website.

In ordering the companies into liquidation on grounds of public interest on 04 June 2014 Ms Registrar Derrett said:

“This is the adjourned hearing of 14 linked petitions presented by the Secretary of State for Business Innovation and Skills. They were adjourned from 12th February 2014 to allow the companies to file evidence in opposition to their winding up. That application was received on the morning of 12th February and the companies were represented by AJ Solicitors and Counsel.

This opportunity to file evidence has not been taken up. We learnt yesterday that the Court has now received an application by a Miss Jamie Kimberley dated 29 May 2014, which has not been issued, requesting a 12 week adjournment of the petitions against four of the companies, namely Refined (UK) Limited, Refined 1 Limited, Refined London Ltd and Music and Fashion Integrated Artist Alliance Limited.

I have earlier given my judgment why such application is rejected.

No evidence has been filed and no-one is here today from the companies or anyone representing them. It is apparent from the unopposed evidence that the investigators have been unable to have any contact with the companies, their registered officers, where there are indeed any, or shareholders. Further, virtually no accounting records have been supplied to the investigation explaining, for instance, the near £10 million pounds that has passed through the companies’ known bank accounts. The evidence shows there have been deliberate attempts to conceal information from the investigation. A search warrant was obtained and executed, however the failure to co-operate has continued.

The group of companies has been engaged in three principal areas of business: property lettings management, property investment and development and music production and promotion and group management. It seems that the business has been carried on from 151 Rushey Green, London, SE6 4BD for more than 10 years. This is an address connected with an individual called Mr Charles Gordon for over 10 years.

The scale of the companies’ operations is significant. The evidence shows that companies within the group are or have been the registered owners of at least 8 freehold properties and 26 leasehold properties. Information from the Land Registry discloses that the combined purchase price recorded for such properties is in excess of £9.5 million.

Notwithstanding such trading, the majority of the companies have filed dormant accounts. I am satisfied on the evidence that on the balance of probabilities false accounts have been filed.

The companies appear to have been set up with the aim to cause confusion and obstruction, and I might add quite effectively so, which is unacceptable. An aspect of this is that the companies are not operated as discrete entities, with some companies paying the expenses of others and documents for several of the companies being discovered when the warrant was executed at 151 Rushey Green. In the light of this it is contended by the Secretary of State and in my judgment correctly, that the companies are being used as a tool to facilitate the business interests of Mr Charles Gordon.

The evidence shows that the companies are largely owned by or under the control of Mr Charles Gordon and I am satisfied on the evidence that Mr Charles Gordon is the directing mind and the link between all of the companies. The evidence shows him to be an undischarged bankrupt.

The evidence reveals Mr Gordon’s monthly income from renting the properties is £11,000. Also that Mr Gordon has an interest in cars, indeed 3 very expensive cars.

Mr Gordon has adopted a number of changes of name and on the evidence this has been done to cause confusion and with a complete disregard that he is a bankrupt and without any consideration to the requirements of the bankruptcy legislation.

In particular the evidence shows that Mr Charles Gordon is known to use the names Gassell Gordon, Chris or Christopher Johnson and Charles Roberts. Further, the evidence shows that individuals’ names appear to have been used without their consent in relation to the companies. In particular a former girlfriend of Mr Charles Gordon has stated that a number of flats registered in her name are nothing to do with her and that Mr Charles Gordon has been using her name without her authority.

Mr Charles Gordon was met on one occasion when the warrant was issued but refused to acknowledge that he was Mr Charles Gordon.

The evidence, which I have gone into in some detail, shows the companies have, as alleged by the Secretary of State, been set up to facilitate the business interests of Mr Charles Gordon. I agree. There is no doubt whatsoever that is what Mr Gordon has done.

In my judgment it is right that the companies should be wound up not least to prevent them being misused by Mr Gordon in the future.

I am satisfied that Refined London Ltd and Property Services (1) Limited should be restored to the register and wound up and, as I have indicated already, that the case against each of the 14 companies is clearly made out. I therefore make the usual compulsory winding up orders”.

Company Investigations, part of the Insolvency Service, carries out confidential enquiries on behalf of the Secretary of State for Business, Innovation & Skills (“BIS”).

The Insolvency Service administers the insolvency regime investigating all compulsory liquidations and individual insolvencies (bankruptcies) through the Official Receiver to establish why they became insolvent. It may also use powers under the Companies Act 1985 to conduct confidential fact-finding investigations into the activities of live limited companies in the UK. The Service also authorises and regulates the insolvency profession; deals with disqualification of directors in corporate failures; assesses and pays statutory entitlement to redundancy payments when an employer cannot or will not pay employees; provides banking and investment services for bankruptcy and liquidation estate funds; and advises ministers and other government departments on insolvency law and practice.

Further information about the work of the Insolvency Service, and how to complain about financial misconduct, is available from: https://www.gov.uk/government/organisations/insolvency-service

By virtue of the winding up order all public enquiries concerning the affairs of the companies should be made to: The Official Receiver, Public Interest Unit , 4 Abbey Orchard Street, London, SW1P 2HT. Telephone: 0207 637 1110 Email: piu.or@insolvency.gsi.gov.uk

Media Enquiries only should be directed to: Kathryn Montague, Media Relations Manager on 020 7674 6910 or Ade Daramy, Press Officer on 020 7596 6187.

You can now subscribe to get e-mail alerts from the Insolvency Service. To subscribe, go to our website http://www.bis.gov.uk/insolvency/news and you will see a button to “sign up for email alerts and newsletters”, or click on the following link: https://public.govdelivery.com/accounts/UKBIS/subscriber/new

The Insolvency Service is now on twitter, you can follow us at: @insolvencygovuk

Contact Information

Ade Daramy Phone: 020 7596 6187

Email: ade.daramy@insolvency.gsi.gov.uk

Kathryn Montague Phone: 0207 674 6910

Email: kathryn.montague@insolvency.gsi.gov.uk