Yes the employee is UK based.
We can demonstrate we have experienced a loss as he has only just started trading. However if he continues trading we will almost certainly suffer a loss. We are therefore keen to shut him down before he continues trading
His contract said that for 6 months after leaving the company he cant compete against us in the same industry (the conference industry) and cant work for a competitor.
He left the company 3 months ago and his company hasn't started taking money yet but it has been registered and has started promoting itself