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Trecwn businessman ‘robbed Peter to pay Paul’

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A TRECWN businessman who ‘robbed Peter to pay Paul’ but also his wife and aunt has been made the subject of a suspended prison sentence.

Matthew Andrew Creed, aged 50, transferred £166,000 without telling the bank he owed more than £300,000 too.

His main company, Pembrokeshire Estates Ltd., later went under and after Natwest had sold the firm’s properties the bank was still owed £222,400.

Creed, of Ordnance House, was convicted after a trial of four offences under the Insolvency Act.

They were of making transfers of £114,000 to Gwaun Developments and £8,000 to AAA Management Ltd., two of his other companies,  £25,000 to Annette Marshall, his aunt, and £19,000 to Nicola Creed, his then wife.

The court heard that Pembrokeshire Estates suffered a fire at one of the firm’s properties. The firm received an insurance payout of £247,786 but Creed paid the money into a new Santander account Natwest were not aware of.

Creed secretly made the offending payments from that account leaving Pembrokeshire Estates in financial difficulties.

His barrister, Paul Hobson, said Creed had not spent the money on high living but in a desperate attempt to keep his businesses afloat.

He had always intended to repay mortgages taken out with Natwest and his dishonesty took place when both his businesses and his marriage were heading for the rocks.

Creed, he said, had been made bankrupt and had signed an agreement not to act as a company director before 2025.

Mr Hobson said Creed now had a job with an internet marketing company and earned £680 a month.

The Judge, Mr Recorder Peter Griffiths, told Creed he had robbed Peter to pay Paul and if he suspected he had spent creditors’ money because of personal greed he would be going to jail.

He told Creed, who arrived in court with a bag ready for jail, he had driven a coach and horses through the Insolvency Act but he accepted he had found himself in a desperate situation.

Creed was jailed for 12 months, suspended for two years, and ordered to carry out 80 hours of unpaid work for the community.

He was also ordered to contribute £1,000 at the rate of £100 a month to the costs of his prosecution.

Business

Homebase enters administration, putting 2,000 jobs at risk

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HOMEBASE, the beleaguered home improvement chain with stores in Haverfordwest and Bridgend, has collapsed into administration, placing 2,000 jobs in jeopardy. The company has struggled with rising costs and shifting consumer demand, which led to the closure of other Welsh stores in Newport, Brecon, Mold, and Cardiff in recent years.

Hilco, Homebase’s owner, had been attempting to sell the struggling retailer but failed to secure a complete buyer. The owner of The Range, CDS Superstores, has agreed to acquire up to 70 Homebase locations along with the brand itself, protecting approximately 1,600 jobs. However, this deal leaves 49 stores without a buyer, with thousands of additional jobs at risk in stores and at the head office. Teneo, the appointed administrators, declined to specify which locations face potential closure.

For now, the 49 stores will continue trading as Teneo seeks a buyer, with no immediate redundancies planned. In the new arrangement, CDS Superstores has acquired Homebase’s brand name and intellectual property, ensuring the Homebase brand will persist online, while physical stores will convert to The Range.

Damian McGloughlin, CEO of Homebase, described the past three years as “incredibly challenging” for the DIY sector. He cited the downturn in consumer spending following the pandemic, persistent inflation, global supply chain disruptions, and unusual weather patterns as factors that impacted Homebase’s performance. Despite restructuring and investment efforts, the business has not been able to turn its fortunes around.

Teneo joint administrator Gavin Maher acknowledged the uncertainty this announcement brings, urging any interested buyers for the remaining stores to make contact.

The current administration marks the end of a troubled chapter for Homebase, which Hilco bought for £1 in 2018 after Wesfarmers, its previous owner, admitted to several strategic missteps, including underestimating winter demand and cutting popular product lines. Homebase reported an £84.2 million loss last year, highlighting its continued financial struggle amid competition from budget-friendly rivals such as B&M and Home Bargains, which have thrived in the value-driven market.

Homebase was founded in 1979 by Sainsbury’s and the Belgian-owned department store chain GB-inno-BM. Over the years, it expanded rapidly, absorbing the Texas Homecare chain in the 1990s before changing hands several times in the 2000s.

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Community

Carew Castle triumphs again as Visitor Attraction of the Year at Croeso Awards

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CAREW Castle, one of Pembrokeshire’s most treasured landmarks, has once again been named Visitor Attraction of the Year at the prestigious Visit Pembrokeshire Croeso Awards, cementing its place as a top destination for visitors to the region.

The award, presented during a grand ceremony at Pembrokeshire College, recognises the Castle’s ongoing dedication to providing an exceptional visitor experience. This second consecutive win underscores Carew Castle’s commitment to excellence, from its welcoming guides to its expertly preserved grounds and engaging events, drawing visitors year-round.

Daisy Hughes, Manager of Carew Castle, expressed gratitude for the continued recognition: “Winning this award two years in a row is a testament to everyone involved in bringing Carew Castle to life – from the knowledgeable guides to the conservationists, dedicated team of volunteers, and our hardworking tearoom team. It’s truly a group effort, and we’re honoured to be recognised once more as one of Pembrokeshire’s premier attractions.”

The Castle has become a hub of excitement year-round, with special charm during the quieter winter months. Seasonal events like Glow, an enchanting Christmas light display, featuring rooms of the Castle dressed for the festivities and live musical performances, draw visitors of all ages. This festive season also includes Santa’s Grotto, a Christmas Needle Felting Workshop, and children’s Christmas Craft Workshops – ensuring there’s something for everyone to enjoy as the nights draw in.

Carew Castle is open daily from 11am to 3pm throughout the winter, with extended hours on Fridays through Sundays when Glow and Santa’s Grotto are in full swing.

For a full schedule of upcoming events and activities at Carew Castle, visit www.carewcastle.com.

Pictured: Carew Castle is celebrating its second consecutive win as Visitor Attraction of the Year at the Croeso Awards, recognised for its exceptional visitor experience and engaging year-round events.

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Crime

Pembroke Dock resident faces court over dog control breaches

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PHILIP Murray, 52, of 11 Picton Place, Pembroke Dock, will appear at Haverfordwest Magistrates’ Court on Thursday (Nov 14) to face several charges of breaching a community protection notice. The notice, issued under the Anti-social Behaviour, Crime and Policing Act 2014, required Murray to control his dogs in response to repeated disturbances.

The charges relate to incidents from May to September 2024, when Murray allegedly failed to comply with the restrictions set out in a notice issued on January 3, 2024. Court documents state that despite multiple warnings, Murray continued to disregard the order, leading to ongoing issues linked to his dogs’ behaviour.

If found guilty, Murray could face a Level 4 fine for each offence. The hearing is scheduled to take place from 2:00 pm to 4:00 pm in Courtroom 1, presided over by the Ceredigion and Pembrokeshire Adult Panel.

The case underscores the role of community protection notices in addressing persistent anti-social behavior.

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