Connect with us
Advertisement
Advertisement

Business

Serious Fraud Office probe into entrepreneur who bought local hotels

Published

on

THE SERIOUS FRAUD OFFICE (SFO) has launched an investigation into entrepreneur Gavin Woodhouse, whose business dealings were revealed by an undercover investigation by the Guardian and ITV News.

The controversial ‘entrepreneur’ who took over one of Tenby’s most iconic seafront hotels, only to see the premises go into administration.

The Fishguard Bay Hotel was also another premises, amongst several in Wales, bought by Northern Powerhouse Developments, which was headed by Woodhouse.

Tenby’s Grade II-listed 40-bedroomed seafront Fourcroft Hotel situated along The Croft overlooking the North Beach and Carmarthen Bay, was was one of several properties acquired by Mr. Woodhouse’s Northern Powerhouse Developments company in 2017, after it was purchased from the family that had owned the Georgian-era premises for over 70 years. However, the hotel went into administration back in August 2019

The UK’s anti-corruption agency said it was investigating “suspected fraud and money laundering in relation to … Woodhouse and individuals and companies associated with him”.

Police probe: Gavin Woodhouse (Pic BBC)

It added: “The conduct currently under investigation by the SFO relates to investments offered in care homes and hotels between 2013 and 2019.”

Woodhouse raised more than £80m from amateur investors over several years to build care homes and buy and refurbish hotels, promising generous returns.

The Guardian and ITV News revealed in June 2019 that many of the projects were incomplete, several years after they were due to be operational, while the businessman’s firms had a multimillion-pound black hole.

At the time, several investors, who in some cases had paid hundreds of thousands of pounds into Woodhouse projects, said they had not received the annual dividends they had been promised.

The SFO said it has asked UK-based investors in the suspected fraudulent schemes to complete a questionnaire by 30 September.

It said the information provided “will help us to establish the circumstances of the investments offered, to identify and pursue new information, and to progress the investigation as quickly as possible”.

It is understood that investors living overseas could also be contacted at a later date.

In summer 2019, some of Woodhouse’s creditors took the entrepreneur to court, seeking to place his businesses into interim administration.

The West Yorkshire-based businessman subsequently lost control of several of his companies after a high court judge ruled that his business model appeared to be “thoroughly dishonest” and a “shameful abuse of the privileges of limited liability trading”.

Efforts by the Guardian to contact Woodhouse for comment about the SFO’s announcement were unsuccessful. At the time of the undercover newspaper investigation, he denied any wrongdoing.

The SFO inquiry into the entrepreneur’s business dealings had initially been running covertly, according to a person familiar with the investigation. Covert investigations are often used in cases where there may be a risk of destruction of evidence. The inquiry is now understood to be at a stage where the SFO wants to gain more information from Woodhouse investors, and so the agency can make it public.

The Guardian understands the SFO’s preliminary investigations into Woodhouse began in 2019.

John Mann, who at the time was Labour MP for Bassetlaw and a member of parliament’s influential Treasury select committee, urged the SFO in 2019 to look into the embattled entrepreneur’s business dealings.

It is understood the SFO opens only a couple of suspected investment fraud cases each year.

The agency is asking anyone who believes they have been affected by Woodhouse’s investment schemes to check its website for updates and information on support services.

If an SFO investigation produces enough evidence to support a realistic prospect of conviction, and if a prosecution is considered to be in the public interest, the agency has the power to bring charges, which often result in a court trial.

Business

Headline sponsor announced for Wales Business Awards 2025

Published

on

BEVAN BUCKLAND LLP, Wales’ largest independent accountancy firm, has been announced as the headline sponsor of the Wales Business Awards 2025.

The awards, organised by Chambers Wales South East, South West and Mid, celebrate the best of Welsh business. Winners across 12 categories, plus the Wales Business of the Year, will be announced at the ceremony which takes place on 12 June at Holland House Hotel, Cardiff and sees broadcaster Andrea Byrne return as host.

As headline sponsor of the event, Bevan Buckland will have a notable presence at the ceremony and drinks reception, as well as opportunities to connect with dignitaries, finalists and the Welsh business community.

With a history spanning over 125 years, the firm is a familiar fixture of the professional services sector across Wales, operating from offices in Carmarthen, Cowbridge, Haverfordwest, Pembroke and headquartered in Swansea.

Bevan Buckland has grown rapidly over the past few years, employing 140 staff and providing a full range of services. Using their extensive experience and expertise, the team at Bevan Buckland provide top level accountancy, audit, tax, corporate finance and financial planning services for individuals, businesses and not-for-profit organisations to help them achieve their goals.

The firm works with a diverse range of sectors including construction and property, charity and not-for-profit, creative industries, healthcare, manufacturing, retail and ecommerce, and small businesses and startups.

Alison Vickers, Managing Partner of Bevan Buckland LLP, said: “We are thrilled to be the headline sponsor of the Wales Business Awards, celebrating the remarkable achievements of Welsh businesses. Here at Bevan Buckland, our strong connection to Wales drives our passion for supporting the local business community. Witnessing the remarkable growth and success of so many Welsh businesses is truly inspiring. We are committed to celebrating their achievements and driving forward the entrepreneurial spirit and the continued excellence and ambition that define our region.”

Gus Williams, interim CEO at Chambers Wales South East, South West and Mid, said: “We’d like to thank all of our sponsors for their invaluable input, expertise in judging and support of the Wales Business Awards, and particularly extend our thanks to our headline sponsor Bevan Buckland. As we mark the successes of businesses in Wales, it’s fantastic to have the backing of a firm which is dedicated to helping businesses and organisations grow and thrive. It’s going to be an incredible ceremony!”

Continue Reading

Business

Stepaside dog salon that opened illegally allowed to stay

Published

on

A CALL to allow a Pembrokeshire village dog grooming salon to keep running as the applicant didn’t realise he needed planing permission, has been backed by county planners.

Andrew Bird, in an application to Pembrokeshire County Council through agent Matthew Hitches Architectural Services, sought permission for a retrospective change of use of a domestic outbuilding at Roslyn Hill, Stepaside, to a dog-grooming salon, along with access alterations.

The change of use was completed last October.

Amroth Community Council has raised no objection to the scheme, other than concerns about its retrospective nature, and has welcomed the access improvements proposed, having previously raised concerns about road safety in the immediate area.

A supporting statement accompanying the application for the part-time business said: 2The applicant has been using the building for this purpose for several months and was unaware of the need to apply for planning permission, as the business is located within an existing outbuilding on the property.”

It added: “The salon is currently used on a part time basis, three days per week.  The salon has just one appointment in the morning and one in the afternoon.  So, the maximum number of visitors to the property would be six per week.  The applicant has no intention of expanding the business any further.

“The vast majority of the applicant’s current clients live within Stepaside and Pleasant Valley and most will journey to the salon on foot.  Although the business is situated within the countryside, it is considered essential that this business be situated in this location as it offers a valuable service to the local community.

“If the business were to be located elsewhere, this would mean local residents would need to travel by car to use such services. The number of customers arriving by car is minimal and there is considerable space for parking and turning within the property, if needed.  It is therefore considered there will be no detrimental effect on highway safety.”

An officer report recommending approval said: “Whilst the proposal would not derive inputs from the land and would not be an enterprise for which a countryside location is essential.  It is considered that due to the re-use of an existing building, associated noise effects a countryside location away from an urban environment would be acceptable.

“Furthermore, it can be considered that an urban/industrial setting is considered to be counterintuitive to the welfare of dogs could result in additional noise.  As such, in this instance in can be considered that a countryside location may be acceptable subject to the acceptability of detailed considerations.”

The application was conditionally approved by county planners.

Continue Reading

Business

Taberna Inn pub in Herbrandston could become a house

Published

on

A CALL to regularise the conversion of a Pembrokeshire village pub, which became unviable due to changes in the hospitality industry as a result of the Covid pandemic, to a house has been submitted.

In a partly retrospective application to Pembrokeshire Coast National Park, Ms G Key, through agent Evans Banks Planning Limited, seeks permission for the conversion of the former Taberna Inn and associated flat in Herbrandston, near Milford Haven, to one residential dwelling.

Work started in March 2021 but has not been finished, the current application to regularise the situation.

A supporting statement through the agent says: “We understand that the property was purchased by the applicant in November 2020 and operated for four months as a public house on the ground floor.

“The property has therefore remained closed as a public house since that date and only used for residential purposes by the applicant. This current application therefore seeks to regularise the situation and enable the properly to be used as a single residential dwelling.”

It says the loss of the pub to the village will not be felt as strongly as elsewhere as Herbrandston has an alternative venue, Herbrandston Hub, which opened in February 2020, and acts a successful community venue and centre for the settlement’s sports teams.

“The use of the application site as a public house is therefore no longer required, and, as has been experienced by the applicant, not commercially viable,” the statement says.

It adds: “The pandemic had and continues to have many impacts on people’s lives and also their livelihoods, no more so than in the leisure and hospitality industries. With socialising patterns having now changed, many village public houses have found it impossible to continue to operate at anywhere near a viable level.

“Notwithstanding the above, whilst many villages in rural parts of Wafes have lost their one and only public house, Herbrandston is lucky in that there continues to be a vibrant location for its population to socialise, in the form of the Herbrandston Hwb.

“The application proposal will therefore not have a negative impact on the existing community facility and its loss will not reduce the current level enjoyed by the local population.”

It says the change of use will also lead to less traffic generation and potential disturbance for local residents.

The application will be considered by park planners at a later date.

Continue Reading

News9 hours ago

Lifeboat crew welcomed with bacon rolls after saving sailor off Grassholm

Angle crew rescue exhausted sailor in early hours ANGLE RNLI lifeboat crew were paged in the early hours of Wednesday...

Crime1 day ago

Death at Pembroke Dock property sparks police probe – arrests made

Three in custody on suspicion of Class A drug supply following incident A HEAVY police presence was seen on Glenview...

Education1 day ago

Council shifts stance after backlash over Welsh education survey

New pledge to gather school choice data from all parents — not just those choosing Welsh-medium education PEMBROKESHIRE COUNTY COUNCIL...

News1 day ago

Natural Resources Wales criticised over incident response cuts, closures and tax blunder

NRW accused of risking long-term damage to Welsh environment A SENEDD committee has issued a scathing report on Natural Resources...

Charity2 days ago

Angle lifeboat crew respond to three callouts in just twelve hours

More than eleven hours at sea for volunteer RNLI team ANGLE RNLI’s all-weather lifeboat crew were launched three times within...

Community3 days ago

Plans for ‘alien’ Tenby harbour gate refused after outcry

COUNCIL plans for ‘alien’ and ‘industrial’ metal gates to prevent vehicle entry on to Tenby’s iconic harbour have been refused...

Sport4 days ago

Bluebirds beat Caernarfon Town 3–1 to book place in UEFA Europa Conference League

HAVERFORDWEST COUNTY AFC will once again fly the flag for Pembrokeshire in Europe after a thrilling 3–1 win over Caernarfon...

Community5 days ago

Paddle-out protest sees 200 take to the water in Broad Haven

National day of action calls out sewage pollution across the UK BROAD HAVEN was the scene of a dramatic demonstration...

Community5 days ago

Hundreds turn out for Battle of Goodwick Moor reenactment

Community celebrates Pembrokeshire’s medieval heritage with spectacular living history event GOODWICK Moor was transformed into a living battlefield on Saturday...

Community5 days ago

Hundreds gather in Narberth for colourful Eisteddfod parade and proclamation ceremony

Sun shines on town as Gorsedd of Bards declares 2026 Eisteddfod plans CROWDS lined the streets of Narberth on Saturday...

Popular This Week