Print Published 1st Dec 2017, 11:27

Leagas Delaney threatened with being struck off

Leagas Delaney, the parent company of the advertising agency group controlled by veteran creative director Tim Delaney, has been warned by the Registrar of Companies that the company will be struck off and dissolved after two months unless “cause is shown to the contrary”.

No further explanation has been provided, but accounts for 2016 are now two months overdue, as noted in this year’s “Private Plums” survey published by Marketing Services Financial Intelligence (see Designer, media buyer and ad agency win top award for financial credentials).  And this is the fourth year out of the most recent five in which filing of the company’s accounts has been delayed (see Leagas Delaney’s accounts almost three months overdue).

The Registrar’s threat to strike off the company suggests that the regulator is becoming more aggressive in enforcing filing deadlines.  Indeed such is the apparent enthusiasm for enforcement that the warning letter was dated 5 December 2017 even though it was filed on 1 December.