B Reid v Mashtraxx Limited (in voluntary liquidation) — 2026

The tribunal determined B Reid's claims against Mashtraxx Limited (in voluntary liquidation) under rule 22 of the Rules of Procedure. The respondent had not filed a valid response and did not attend the hearing. The tribunal found that the claim and hearing notification had been validly served at its then registered address. Reid gave evidence on oath and supplied supporting documents. His employment had ended with immediate effect on 7 February 2025 by reason of redundancy.

The tribunal awarded £41,730.78 for unauthorised deductions from wages, calculated as three months and one week at a gross monthly salary of £12,916.67. This exceeded the unpaid salary figure in the respondent's termination letter. It also awarded £12,916.67 in damages for dismissal in breach of contract in respect of notice and £4,200 in redundancy pay. Holiday pay of £1,490.38 covered accrual from 1 January to 7 February 2025 under clause 12 of the employment contract, which provided for 2.33 days each month. The tribunal rejected Reid's claim that holiday continued to accrue until May 2025. It awarded £325 for contractual travel expenses, accepting his evidence that a director had acknowledged the amount owed.

The claim for compensation for lost share options was refused. Reid valued the loss at around £200,000, while his claim form stated approximately $422,000. Having reviewed the share options agreement, the tribunal found nothing establishing a right to compensation for lost options on redundancy or a basis for quantifying the loss. It made no award under that head.

The judgment states a total gross award of £60,670.83, payable within 28 days of being sent to the parties, subject to relevant tax and national insurance deductions. The five individual awards add up to £60,662.83, leaving an £8 discrepancy with the stated total. Reid had received some payments from the Insolvency Service but could not give the precise amount at the hearing. The tribunal directed the parties to ensure there was no double recovery.