IT IS the notorious car clamping firm exposed by the Daily Echo for the way it treated its elderly and vulnerable victims.
Today, we can exclusively reveal that Whites Car Park Solutions has plunged into administration with estimated debts of £111,172.
And owner Jason White has vanished with financial investigators looking into the finances of the company unable to track him down.
It comes after he told one of his customers he had suffered a heart attack and left them in the hands of a new company.
We can also reveal Jason White has been named as a director of the firm which has taken over a number of his old contracts.
A Daily Echo investigation has previously lifted the lid on the controversial firm Whites with one former employee telling how he would lie in wait before charging motorists hundreds of pounds for parking in the wrong place.
However, the Daily Echo has now obtained legal documents compiled by the administrators which reveal how: The firm owes nearly £9,000 to a list of creditors and more than £84,000 to the taxman.
Sole shareholder and clamping boss, Jason White, failed to attend crucial meetings or provide vital details of the firm’s troubled state of affairs.
The company’s assets have been sold to an undisclosed second party for £26,000 – a sum which has not yet been paid.
A new company, Ultimate CPS, is carrying out work for some of White’s former customers including St Mary’s Church, who say they are being visited by the same clamping workers as before. In fact, the Echo can reveal Mr White is a director of the new company.
Administrator Jim Pretty, of Atherton Bailey in Eastleigh, is trying to trace Mr White but said he is “abroad” and “not contactable.”
“It’s a very unusual scenario,” he said. “We don’t normally come across one where a director has disappeared.”
Mr Pretty said he has legal powers to obtain information from other parties and is trying to establish who bought Whites’ assets.
He said: “If the right price has not been paid, I need to claim those assets back and sell them for the right price. I’ve not been able to establish from the company’s books and records who bought the assets.”
Mr Pretty said he will file a report to the Chamber of Trade and Industry “when” Whites goes into insolvency.
He said it was not illegal for the owner of a company in administration to become a director with another firm, but the Department of Trade and Industry can ban people from becoming a company director for up to 15 years after receiving an administrator’s insolvency report.
Jason White was not available for comment.
Additional reporting by Arron Hendy.