Directors of bust Staveley Head paid themselves £600k in 2019

money

Staveley Head, which fell into administration yesterday, transferred a dividend of £2m to Gelert Group in 2019.

Accounts for the broker also show that the directors Ashley Peters and Martin Tyler paid themselves £600,000 during the year.

In 2018, director remuneration was £400,000.

According to Companies House, Peters and Tyler are also directors of Gelert Group, which was incorporated in July 2019. Policy Plan, an AR of Staveley Head also transferred £8m to Gelert Group in 2019.

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