Name: Martin HEIMAN

Name: FONE WORLD LTD

Date of Birth: 3 / 1 / 1986

Date Order Starts: 19 / 12 / 2022

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 07288658

Last Known Address: 10 Hardman Avenue,, , , , Prestwich,, M25 0HB

Conduct: Martin Heiman (“Mr Heiman”) caused Fone World Ltd (“Fone World”) to trade to the detriment of HM Revenue and Customs (“HMRC”) by failing to make payments as and when they fell due from at least 1 July 2017 to 20 January 2020 resulting in additional liabilities for PAYE/NIC of at least £42,955 and VAT of £84,412, in that: PAYE/NIC • Information supplied by HMRC shows that between 1 July 2017 and 20 January 2020 Fone World accounted for £48,582 in PAYE and NIC. HMRC received payments of £6,843 in this period. • HMRC’s claim in the winding up petition in respect of PAYE and NIC was £46,244 (including interest of £1,583). VAT • Information supplied by HMRC shows that between 1 July 2017 and 20 January 2020 Fone World were liable for £135,159 of VAT. HMRC received payments of £50,747 in this period. • HMRC’s debt in the liquidation in respect of VAT was £122,624. DIFFERENTIAL TREATMENT • Fone World’s accounts for the year ended 30 June 2017 record that the amount owing to trade creditors was £41,514. Information supplied by HMRC shows that as at 30 June 2017 the amount owing in VAT/PAYE was £45,586. • At Liquidation, Fone World HMRC were its largest creditor who were owed £168,885 in respect of VAT/PAYE. In comparison trade creditors were owed £45,204. Between 1 July 2017 and 20 January 2020 bank statements show payments totalling £1,770,689 were made of which payments of £56,596 were made to HMRC compared to net payments of £124,249 to him, £132,410 in wages and £896,114 to trade creditors. 

This information is correct as at 1 / 12 / 2022

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