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Company debts led to director's Deeside office suicide

Published date: 03 December 2013 |
Published by: Staff reporter
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A COMPANY director was found dead after the pressure of debts became too much, an inquest heard.

Andrew John Lloyd, of Great Sutton, Ellesmere Port, was found hanged on July 2 at the office of the company in Deeside where he was a director.

An inquest yesterday was told Mr Lloyd, a company director at Deeside Radiators on Deeside Industrial Park, managed the finances of the company he and friend Anthony Pritchard had run for six years.

However, Mr Lloyd had taken out a series of loans in secret to support the cash flow of the business and to pay suppliers which had only come to light after his death.

After Mr Lloyd did not return home at his usual time of 6pm, his wife Angela and her son Matthew arrived at Deeside Industrial Park to find his car parked next to the unit where he worked with a note for them not to enter the building.

Police were informed and Mr Pritchard’s body was found by officers at about 8pm.

A further note was found in the building addressed to the company’s accountants on how to reorganise the business.

A statement by Mrs Lloyd was read out to the hearing at County Hall, Ruthin, which said her husband had died because of debts and the pressure of those debts becoming too much, causing their family home to be at risk.

A further statement by Mr Pritchard was read out which said on the day of his death, Mr Lloyd had been his happy, cheery self and he would be missed by everyone.

A post-mortem examination carried out at Wrexham Maelor Hospital  established the cause of death as hanging as there had clearly been a blue nylon cord tied around Mr Lloyd’s neck.

North East Wales coroner John Gittins reached a conclusion of suicide.

Mr Gittins offered his condolences to Mr Lloyd’s family, adding: “Andy sought to protect his family in his own way, which is another reflection of the compassion of this man.

“He did what he did because he thought of the best interests of others and did this out of love and concern for family and colleagues.

“This was an unselfish act but a sadly desperate act.”

For more news from across the region visit newsnorthwales.co.uk

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