Litigant Profile:
Jacob Robert Henley aka Jake Henley
Does this creditor owe you money or are you in a dispute with Jacob Robert Henley aka Jake Henley?
Information
Jacob (Jake) Robert Henley, of Queensland, has been disqualified from managing companies for three years after his involvement in nine failed companies.Mr Henley was a director of nine companies that went into liquidation between February and May 2017, namely:Gym and Tonic Healthclubs Pty Ltd (ACN 135 011 853) (Gym and Tonic);Yelneh Industries Pty Ltd (ACN 164 784 623) (Yelneh);TVH Enterprise (Australia) Pty Ltd (ACN 158 538 080);Performa Nutrition Pty Ltd (ACN 163 533 480);Fitness Managament Company Pty Ltd (ACN 164 326 185)Snap Fitness Double Bay Pty Ltd (ACN 603 346 541);Seedz Investments Pty Ltd (ACN 163 750 481);Henleys Property and Construction Group Pty Ltd (ACN 608 273 178); andThe Henley Group Pty Ltd (ACN 600 266 644).The companies operated in the health and fitness, hospitality, arts and recreation, business and personal services and construction industries.In making its decision to disqualify Mr Henley, ASIC found that in relation to Gym & Tonic and Yelneh (the companies), he:failed to exercise his powers and discharge his duties as a director with care and diligence, good faith and in the best interest of the companies;failed to take reasonable steps to ensure that the companies complied with their obligations to keep accurate written financial records;failed to assist the liquidators by not delivering the companies’ books and records;failed to act with care and diligence by allowing the companies to trade while insolvent or likely to be insolvent;improperly used his position as director by transferring or withdrawing a combined total of $154,690 from the companies to gain an advantage for himself or related parties; andconducted himself in a manner that was below the standard expected of a company director.The nine companies collectively owed approximately $13,791,221 to creditors, of which $10,471,239 was owed to unsecured creditors, and $314,514 of this was owed to the Australian Taxation Office.In making its decision, ASIC relied on supplementary reports lodged by the liquidators of Gym and Tonic, Shumit Banerjee and Ian Purchas of SV Partners, and the liquidator of Yelneh, Gavin Moss of Chifley Advisory. ASIC assisted both liquidators to prepare supplementary reports by providing funding from the Assetless Administration Fund.Mr Henley is disqualified from managing corporations until 1 July 2024.BackgroundSection 206F of the Corporations Act gives ASIC the power to disqualify a person from managing corporations for up to five years if, within a seven-year period, the person was an officer of two or more companies that were wound up and the liquidators lodge reports with ASIC about each company’s inability to pay its debts or alleging misconduct.ASIC maintains a banned and disqualified persons register that provides information about people who have been disqualified from:involvement in the management of a corporation;auditing self-managed superannuation funds (SMSFs); orpracticing in the financial services or credit industry.Editor's note:On 24 August 2021, Mr Henley filed an application for a review of ASIC’s disqualification decision with the Administrative Appeals Tribunal. A hearing date is yet to be set.Editor's note 2:On 28 July 2022, Mr Henley withdrew his application to the AAT, and remains disqualified until 1 July 2024. ___ A FORMER gym owner charged with fraud believed to involve hundreds of thousands of dollars has had his case adjourned by Toowoomba Magistrates Court.Jacob Robert Henley was not in court on Wednesday when his charges were mentioned but had written a letter to the court asking for an adjournment.In the letter read to the court he said he had not engaged legal representation but asked for the adjournment so that could be done.The 37-year-old has not as yet been required to enter any pleas to the charges which include one counts of fraud – dishonestly obtaining property from another to the value of at least $100,000, one count of fraud – dishonestly obtaining property from another to the value of or over $30,000 but less than $100,000, two counts of fraud – dishonestly causing detriment, two counts of uttering a forged document, and one count of forgery and uttering.No specific details relating to the charges have as yet been aired in court but it is believed one charge arises from fraud to the value of more than $200,000.Magistrate Kay Philipson excused Henley’s appearance at court and adjourned all matters for mention back in the same court next month.
Current phone number:
+61 499 376 901
Current email address:
Current/former occupation:
Director of defunct corporations x 7 - Gym and Tonic Healthclubs Pty Ltd (ACN 135 011 853) (Gym and Tonic); Yelneh Industries Pty Ltd (ACN 164 784 623) (Yelneh); TVH Enterprise (Australia) Pty Ltd (ACN 158 538 080); Performa Nutrition Pty Ltd (ACN 163 533 480); Fitness Managament Company Pty Ltd (ACN 164 326 185); Snap Fitness Double Bay Pty Ltd (ACN 603 346 541); Seedz Investments Pty Ltd (ACN 163 750 481); Henleys Property and Construction Group Pty Ltd (ACN 608 273 178); and, The Henley Group Pty Ltd (ACN 600 266 644)
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https://www.dcpartners.solutions/profile/Melissa_Ann_Stoodley
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