Case details for MAUREEN NYAMUZIHWA CHIWANDAMIRA

Name: MAUREEN NYAMUZIHWA CHIWANDAMIRA

Name: SPRINGWELL INVESTMENTS (PVT) LTD

Date of Birth: 26 / 5 / 1971

Date Order Starts: 8 / 11 / 2018

Disqualification Length: 2 Years 6 Month(s)

CRO Number: 06669107

Last Known Address: 10 LYSONS ROAD, , , , ALDERSHOT, GU11 1NB

Conduct: Mrs Maureen Nyamuzihwa Chiwandamira (“Mrs Chiwandamira”) failed to ensure that Springwell Investments (PVT) Limited (“Springwell”) filed accurate returns and complied with it statutory obligations to make payment to HM Revenue and Customs (“HMRC”) when due in respect of Pay As You Earn (“PAYE”) and National Insurance Contributions (“NIC”) and caused Springwell to trade to the detriment of HMRC as regards PAYE and NIC from May 2014 at the latest to liquidation. In that:

  • Between May 2014 and liquidation liabilities of £237,729 were incurred in respect of PAYE and NIC, while Springwell only made payments totalling £67,314 against this indebtedness, allowances of £5,000 were credited and VAT of £4,163 was also offset;
  • The liabilities included regulation 80 determinations, calculated by HMRC following an inspection of Springwell’s records, when it was established that the full PAYE/NIC liability had not been declared on the returns submitted to HMRC. Comparative treatment
  • Bank statements for the period 01September 2014 to Liquidation show £1,394,029 was paid from the account, with £67,314 being paid to HMRC from May 2014 onwards.
  • HMRC are the major creditor and have submitted a claim in the sum of £253,761 of which £239,475 is owed in respect of PAYE and NIC;
  • Trade and expense creditors at the date of liquidation were £3,134 out of total liabilities of £271,707. 

    This information is correct as at 9 / 11 / 2018



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