Case details for NICOLE LAWRENCE

Name: NICOLE LAWRENCE

Name: ARMS SECURITY LIMITED

Date of Birth: 20 / 8 / 1970

Date Order Starts: 8 / 11 / 2018

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 05528860

Last Known Address: 11 Belenoyd Court, 77 Leigham Court Road, , , LONDON, SW16 2NY

Conduct: Nicole Lawrence caused Arms Security Limited (“ASL”) to trade to the detriment of Her Majesty’s Revenue and Customs (“HMRC”) in respect of its Pay As You Earn Income Tax and National Insurance Contributions (“PAYE and NIC”) from 03 September 2014, the date the last payment was made in respect of PAYE and NIC for more than two years, at the latest, onwards. In that: 1. During the 2013/14 tax year ASL incurred PAYE and NIC liabilities amounting to £42,783 and made payments during the tax year amounting to £30,484, leaving unpaid liabilities of £12,299 at the end of the tax year. 2. Between April 2014 and August 2014 ASL incurred PAYE and NIC liabilities amounting to £15,353 and made payments amounting to £15,874 during this period. Thereafter ASL made only two payments in respect of its PAYE and NIC liabilities, being £750 on 03 September 2014 and £3,500 on 16 December 2016, giving a period of more than two years during which no payments were made. 3. Between September 2014 and 31 December 2016 ASL incurred PAYE and NIC liabilities amounting to £65,008, giving total PAYE and NIC liabilities amounting to £72,536 at the date of liquidation. 4. ASL’s accounts for the year ended 31 August 2014 disclose £1,195 owing to trade creditors and £14,636 owing in respect of PAYE and NIC. By 24 February 2017, the date ASL entered liquidation, the amount owed in respect of PAYE and NIC had increased by £57,900 to £72,536 while the amount owed to trade creditors had been paid in full. 5. ASL’s business bank account statements show that from 10 February 2015, the date from which statements are available, until 31 December 2016 payments amounting to £772,084 were made from the account, including £78,360 paid to her, during which time only £3,500 was paid to HMRC in respect of PAYE and NIC. 6. At the date of liquidation ASL owed £214,911 to creditors (according to the present position), of which £169,865 was owed to HMRC (including Value Added Tax and Corporation Tax). 

This information is correct as at 18 / 10 / 2018



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