Hi Frances, you are correct with the name although it is a son of the Andrew who I have researched previously and who followed his father and mother as a “Marine Store Dealer” which occupation I believe can be described as “Rag and Bone Merchant”.
He does appear to have been a Sole Trader.
He was adjudged insolvent in the middle of 1890 and advertisements for the sale by the Coroner of various assets occurred through into 1891.
If I understand your post correctly it seems that all I may find are the details in the press.
Were there any sanctions available to the court, such as restrictions on exercising managerial roles until the debts were cleared or alternatively for a defined period?
Certainly this man appears to have left the Island, his wife and family, perhaps prior to the 1891 Census, certainly by the 1901 Census.