Case details for Kwaku Banin Ampomah

Name: Kwaku Banin Ampomah


Date of Birth: 9 / 9 / 1959

Date Order Starts: 3 / 6 / 2019

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 07469701

Last Known Address: 2 Macoma Road,, , , , LONDON,, SE18 2QP

Conduct: Kwaku Banin Ampomah failed to ensure that AMP-QA Limited (“AMP”) complied with its statutory obligations to submit returns and/or make payments in relation to VAT and Corporation Tax, whilst maintaining payments to himself and other creditors and as a result caused AMP to trade to the detriment of HMRC in respect of Value Added Tax (“VAT”) from 7 February 2012 and in respect of Corporation Tax (“CT”) from 1 October 2012. In that:-

  • AMP submitted its VAT return for VAT quarter 12/11 disclosing a total VAT liability of £3,002.54 against which AMP made no payments;
  • AMP failed to submit VAT returns for VAT quarters 03/12 to 12/17 resulting in HMRC issuing assessment of tax totalling £127,514 against which AMP made no payments;
  • HMRC issued default surcharges against AMP in the total sum of £3,647.40;
  • The earliest unpaid VAT liability relates to the return for the quarter ended 31 December 2011, which fell due for payment on 07 February 2012;
  • AMP submitted its CT returns for the year ended 31 December 2011 disclosing a total CT liability of £9,966.78, against which AMP made a payments of £5,000;
  • The earliest unpaid CT liability relates to the return for the year ended 31 December 2011, which fell due for payment on 1 October 2012;
  • HMRC are the only creditor to have submitted a claim in the liquidation, with a total claim of £152,961;
  • Analysis of AMP’s bank statements shows that from 1 February 2012 until 18 April 2018, the sum of £392,250 was paid into AMP’s bank account, with payments out totalling £413,569, of which £253,815 was transferred to an unknown bank account; £35,320 was paid to K B Ampomah and only £31,945 was paid to HMRC, the last payment being made on 26 February 2015 He failed to ensure that AMP maintained and/or preserved adequate accounting records or alternatively he has failed to deliver up such records as were maintained and/or preserved to the liquidator for the period 1 January 2012 to 18 April 2018, the date the company entered liquidation. As a result, it has not been possible to:
  • Determine whether payments of £344,673 were for a purpose connected with AMP’s business including cash payments of £23,550 and unidentified payments of £253,815.
  • Determine his remuneration. Verify the reason for AMP’s insolvency. 

    This information is correct as at 14 / 5 / 2019

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