Afriyie company at risk of being struck off

Colnbrook’s MP Adam Afriyie is in the news again today – for failing to file company accounts on time.


The Times today reports that one of local MP Adam Afriyie’s companies, marketing agency Axonn Media, is at risk of being struck off for failing to file its accounts on time.

Mr Afriyie is majority shareholder in the company, having increased his stake over the past year from 48 per cent to 54.5.  Companies House has given notice this month that the company is under an “active proposal to strike off” if it does not file accounts.  His accounts are now three months late.

The paper reports that other Afriyie-owned businesses have filed late in previous years, and been subject to fines, and focuses on “the interconnected nature” of Mr Afriyie’s businesses, noting that Connect Support Services also owned by him had provided just over £500,000 of services to Axonn.

Mr Afriyie is reportedly in the process of selling his house in Westminster for £16.7 million, and a second home for £4.85 million.


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