Name: Hadi Hagghi

Name: Eddie (NW) Ltd

Date of Birth: 8 / 9 / 1980

Date Order Starts: 29 / 12 / 2022

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 07447697

Last Known Address: 6 Wirral View,, , , , LIVERPOOL,, L19 0PU

Conduct: Hadi Hagghi (“Mr Hagghi”) caused Eddie (NW) Limited (“Eddie”) to trade to the detriment of HM Revenue & Customs (“HMRC”) in respect of Value Added Tax (“VAT”), from at least 7 September 2018 when liabilities for Period 07/18 fell due to be paid, Corporation Tax, from 1 September 2016 when liabilities for Year ended 30 November 2015 fell due to be paid, and Pay as You Earn Income Tax (“PAYE”) and National Insurance Contributions (“NIC”), from 22 April 2019 when liabilities for Tax Year 2018/2019 fell due to be paid, resulting in liabilities of at least £63,184 at Liquidation. In that:- VAT Eddie was registered for VAT with effect from 1 May 2018. Returns were submitted on behalf of Eddie for the Periods 07/18 to and including 04/21 in the total sum of £37,380, for which no payment was made to HMRC. No return for the period 07/21 was submitted on behalf of Eddie and subsequently HMRC raised an assessment in the sum of £3,177, for which no payment was made. Surcharges were incurred for the Periods 10/19 to 01/20 and 07/20 to 07/21 in the total sum of £4,403, for which no payment was made. According to HMRC’s claim the earliest VAT liability is £3,656 for Period 07/18, which should have been paid in full by 7 September 2018. At Liquidation a total of £44,960 remains due in respect of Eddie’s VAT liabilities. Corporation Tax A return for the Period Ended 30 November 2015 was submitted on behalf of Eddie, which showed £2,068 was due for Corporation Tax. Interest of £44 was subsequently incurred. Eddie made a payment of £2,068 against this liability. The sum of £44 remains due at Liquidation for this period. Returns for the Periods Ended 30 November 2016 to 30 November 2018 were submitted on behalf of Eddie, which showed that the total sum of £11,087 was due for Corporation Tax. No payment was made against this liability and the sum of £11,087 remains due at Liquidation for this period. A return for the Period Ended 30 November 2019 was submitted on behalf of Eddie, which showed £2,557 was due for Corporation Tax. A penalty of £100 was subsequently incurred. No payment was made against these liabilities and the sum of £2,657 remains due at Liquidation for this period. According to HMRC the earliest Corporation Tax liability is £44 for the Year Ended 30 November 2015, which should have been paid in full by 1 September 2016. At Liquidation a total of £13,788 remains due in respect of Eddie’s Corporation Tax liabilities. PAYE and NIC For the Tax Year 2018/2019 PAYE & NIC returns were submitted in the total sum of £2,224. No payments were made against this liability, although Eddie was in receipt of an Employment Allowance in the sum of £918. The sum of £1,306 remains due at Liquidation for this period. For the Tax Year 2019/2020 PAYE & NIC returns were submitted in the total sum of £1,871. No payments were made against this liability, although Eddie was in receipt of an Employment Allowance in the sum of £927. The sum of £944 remains due at Liquidation for this period. For the Tax Year 2020/2021 PAYE & NIC returns were submitted in the total sum of £2,186. No payments were made against this liability and the sum of £2,186 remains due at Liquidation for this period. According to HMRC the earliest PAYE & NIC liability is £2,225 for period 2018/2019, which should have been paid in full by 22 April 2019. At Liquidation a total of £4,436 remains due in respect of Eddie’s PAYE & NIC liabilities. Comparative Treatment Bank statements show that for the period commencing 23 July 2019 (the earliest date for which bank statements have been recovered) until Liquidation, £586,344 was expended from the company’s bank account. HMRC have confirmed that it had not received any monies in respect of Eddie’s Crown liabilities during this period. Eddie’s Accounts as at 30 November 2019 show Crown liabilities as totalling £14,400, whilst all other creditors total £42,933. By the Liquidation the Crown liabilities had increased to at least £63,184, an increase of £48,784. All other creditors had increased to at least £56,517, an increase of £13,584. 

This information is correct as at 12 / 12 / 2022

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