Dear Nemesis,
To continue the story, he went to prison for some while, but I am led to believe he is out now. I should imagine all paperwork is in the hands of the Official Receiver - or possibly the SFO.
The yard is now used for boat storage only. It is a great pity, as it had existed for many years, and, but for greed, would exist today. I know someone well who worked there as a welder/fitter for 18 years... but he had left some years before the main fraud occured.
Sad end for a business that had good prospects.
Regards, Bernard