Case details for MATTHEW ROBERT RILEY

Name: MATTHEW ROBERT RILEY

Name: S.A.R. TRANSPORT LIMITED

Date of Birth: 30 / 5 / 1979

Date Order Starts: 19 / 11 / 2018

Disqualification Length: 5 Years 0 Month(s)

CRO Number: 07845005

Last Known Address: 68 RINGWOOD, , , , BRACKNELL, RG12 8YG

Conduct: Matthew Robert Riley, (Mr Riley), caused SAR Transport Limited (SAR) to trade to the detriment of Her Majesty’s Revenue and Customs (HMRC), in respect of Corporation Tax from 01 August 2015 and Value Added Tax (“VAT”), from at least 7 November 2016, thereby incurring a liabilities as follows:

  • £32,800.97 in respect of VAT, £4,920.13 in respect of VAT surcharges and £5,534 in respect of VAT penalties due from 07 November 2016.
  • £10,040.77 in respect of Corporation Tax for years ended 31 October 2014 and 30 September 2015 due for payment from 01 August 2015, and a penalty of £100 for failure to submit a company tax return for the year ended 31 July 2015. From 1 August 2015 to 07 December 2017 SAR received income totalling £546,434.46. Of this sum £275,152.27 was paid in respect of trade payments, £174,948.52 was paid for his personal benefit, £9,880 was paid to a family member to include wages, and cash payments totalled £300. £86,153.67 was paid to HMRC. At Liquidation, the creditors of SAR total £132,280.81. HMRC is owed £122,665.09. On 07 December 2017 when he knew, or ought to have known that SAR was insolvent as a Winding up petition was filed at Court on 10 November 2017, he purchased a company asset, Renault Master Van for £6,000. He paid £6,000 into the company’s bank account. On the same day he withdrew this £6,000 and paid it into a personal bank account. As a result this asset is not available for realisation and the transaction was to the detriment of the general body of creditors who have been denied this sum in the Liquidation. 

    This information is correct as at 13 / 11 / 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.

  •