Case details for Rachael WILSON

Name: Rachael WILSON

Name: K R FLEET SUPPORT LIMITED

Date of Birth: 13 / 11 / 1971

Date Order Starts: 26 / 4 / 2022

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 07706790

Last Known Address: 67 Woodside Drive,, Newbridge, ,, , , NEWPORT, NP11 4NP

Conduct: Between at least July 2014 and liquidation on 21 November 2019 Mrs Rachel Wilson (Mrs Wilson) caused KR Fleet Support Ltd (the company) to trade to the detriment of HM Revenue & Customs (HMRC) in regard to Value Added Tax (VAT) due for payment from 7 July 2014 and Corporation Tax (CT) due for payment from 1 January 2016. Since at least April 2018 Mrs Wilson has withdrawn funds from the company for her own benefit and as a result the company became unable to meet its financial commitments to HMRC. VAT Between April 2014 and March 2018 the company was liable to pay VAT of 160,833. Payments totalling 120,799 were made leaving a balance of 40,034 VAT outstanding as at March 2018. In addition interest and penalties totalling 17,486 were due. Between April 2018 and liquidation in November 2019 a further 56,831 VAT became due. Payments totalling 4,500 were made leaving a further balance of 52,331 VAT outstanding. In addition further interest and charges of 6,292 were applied. At liquidation in November 2019 the VAT debt was 92,365 plus interest, penalties and charges of 23,778. Total 116,143. CT Between April 2014 and March 2018 the company was liable to pay Corporation Tax of 159,486 plus interest and penalties of 21,013. Payments totalling 32,856 were made during this period leaving a balance of 126,630 unpaid in April 2018. Between April 2018 and liquidation in November 2019 no further payments of Corporation tax were made and the balance of 126,630 remains unpaid. Differential Treatment At liquidation on 21 November 2019 HMRC were the majority creditor being owed 257,984 whilst other creditors were owed 49,001. The accounts for year ending 31 March 2018 reflect HMRC were owed 142,092 compared to other creditors being owed 34,126. Between April 2018 and liquidation in November 2019 Mrs Wilson received remuneration in the form of wages and dividends totalling 27,554. In addition to this she transferred a total of 171,367 from two company bank accounts into her personal bank accounts. Mrs Wilson also received 17,494 for her personal benefit. 

This information is correct as at 5 / 4 / 2022



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