Case details for MICHAEL DAVID SHAVE

Name: MICHAEL DAVID SHAVE

Name: ULTIMATE PERSONNEL LIMITED

Date of Birth: 10 / 11 / 1950

Date Order Starts: 25 / 12 / 2018

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 07411320

Last Known Address: Ellmacy, Stilebridge Lane, Marden, , TONBRIDGE, TN12 9BA

Conduct: Mr Michael David Shave (“Mr Shave” or “the director”) failed to ensure that at least between 1 April 2015 and 23 June 2017 (the date the company entered into Liquidation) Ultimate Personnel Limited, (“Ultimate” or “the company”) maintained and or preserved adequate accounting records, or alternatively he failed to deliver up such accounting records as were maintained or preserved, to the Liquidator. As a consequence it has not been possible to:

  • Accurately determine the income of the company for the period of trading between 1 April 2015 and Liquidation on 23 June 2017;
  • Accurately determine the expenditure of the company for the period of trading between 1 April 2015 and Liquidation on 23 June 2017;
  • Accurately determine the level of liabilities to trade creditors;
  • Accurately determine the liability owed to the director;
  • Accurately determine the amount due to HM Revenue & Customs in respect of VAT, CIS, CT and PAYE/NIC;
  • Establish the purpose of the net amount drawn by the director and other members of his family of £223,871.28;
  • Establish the purpose of payments made to connected parties of £354,037 from the company’s bank account between 27 August 2015 and 1 June 2017;
  • Establish the purpose of the amount paid to a connected person of £492,697 between 1 June 2015 and 9 June 2017.
  • No year end financial statements have been prepared since the year ended 31 March 2015. 

    This information is correct as at 6 / 12 / 2018



    If you believe this page contains any errors, please email civil.proceedings.team@insolvency.gsi.gov.uk with details of the error that you have found.

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