Case details for DARREN JOHN  BLAGG

Name: DARREN JOHN  BLAGG

Name: SULBY CONTRACTS LIMITED

Date of Birth: 8 / 6 / 1966

Date Order Starts: 25 / 10 / 2018

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 07191357

Last Known Address: SULBY LODGE BARN, WELFORD ROAD, , , SIBBERTOFT, LE16 9UJ

Conduct: Darren John Blagg (“Mr Blagg”) failed to ensure that Sulby Contracts Limited (“Sulby”) made payments when due to HM Revenue & Customs (“HMRC”) and caused Sulby to trade to the detriment of HMRC from at least 07 May 2015 to the date of Liquidation on 22 July 2016, resulting in a liability of £133,239.68 due to HMRC for this period. In that:

  • As at 05 April 2015, HMRC records show that Sulby owed a total of £95,513.52 comprising Construction Industry Scheme Tax (“CIS”) of £10,774.76, Corporation Tax of £27,944.80 and Value Added Tax (“VAT”) of £56,793.96.
  • On 16 March 2015, the company had made a payment of £61,000, of which only £8,294.69 was allocated by HMRC. HMRC also held credits on their system for the year ending 05 April 2015. A total of £93,784.65 was “locked” and not allocated by HMRC against any tax owing. If the payment and credits had been allocated, HMRC would have been owed £1,728.87 at this time.
  • Between 07 May 2015 and Liquidation, the company incurred additional liabilities to HMRC of £133,239.68, comprising CIS of £6,013.67, Corporation tax of £40,432.85 and VAT including surcharges of £86,793.16. No payments at all were made towards this liability.
  • At Liquidation, HMRC was Sulby’s majority creditor, with debts totalling £140,289.80 (including penalties and interest) out of Sulby’s total liabilities of £174,016.77.
  • Payments from the bank account from available statements between 07 May 2015 to Liquidation total £278,642, comprising £470 withdrawn in cash, £140,991 paid to trade and expense creditors, £55,418 paid to subcontractors, £3,069 paid on bank interest, fees and charges, £6,532 paid to a credit card provider and £6,212 paid for unknown reasons. In the same period there are payments of £65,950 paid to Mr Blagg detailed as rent payments. In this period there were no payments made to HMRC. 

    This information is correct as at 13 / 12 / 2018



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