Case details for THOMAS RAYMOND HEALY

Name: THOMAS RAYMOND HEALY

Name: IMG Marketing Ltd

Date of Birth: 25 / 4 / 1957

Date Order Starts: 31 / 5 / 2019

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 08396841

Last Known Address: 4 Ashwood Avenue, , , , Denton, M34 2PB

Conduct: From 07 September 2013 onwards Thomas Healy failed to ensure that IMG Marketing Limited’s (“IMGL”) complied with its statutory obligations to file VAT returns and make payments, when due, to HM Revenue & Customs (HMRC); and caused the company to trade to the detriment of HMRC; 1. IMG submitted trading accounts for the years ended 31 March 2014 and 31 March 2015 to the Registrar, and its bank account statements show that it traded until shortly before the date of liquidation. 2. He failed to ensure that the VAT return for the VAT quarter ended 31 July 2013 was submitted by the due date of 07 September 2013, and failed to submit thirteen subsequent quarterly returns to the quarter ended 31 October 2016 by the due date. 3. In the absence of returns, HMRC raised assessments amounting to £17,037 for these fourteen VAT quarters. IMG made a payment of £1,315 against one of these assessments on 21 July 2014, leaving the remaining £15,722 unpaid. IMG made no further payments in respect of its VAT liability. 4. On 27 January 2017 IMG submitted six VAT returns to HMRC covering the quarters ended 30 April 2013 to 31 July 2014 inclusive, with the three latter returns being claims for repayment, giving a net liability of £15,769 for these six quarters. No payments were made against these returns. 5. In the absence of returns for the quarters ended 31 January 2017 and 30 April 2017 HMRC issued assessments amounting to £3,342, leaving VAT of £29,232 (including surcharges of £648) outstanding at the date of liquidation. 6. At liquidation the statement of affairs detailed that IMG owed £144,951 to creditors comprising £90,744 to trade creditors of which £44,000 was purportedly to a connected company with no evidence to support this and £42,000 crystallising only at liquidation, £24,975 to banks and £29,232 to HMRC in respect of VAT. 7. From 15 May 2017 onwards cash withdrawals amounting to £24,500 were made from IMG’s bank account; five payments amounting to £21,443 made to your co director’s relative; four payments amounting to £26,045 made to a third party individual; and two business loans were repaid by way of payments amounting to £103,000 representing a significant increase on previous repayment rates. No payments were made to HMRC during the same period 

This information is correct as at 10 / 5 / 2019


Name: LORRAINE MARTIN

Name: IMG Marketing Ltd

Date of Birth: 2 / 8 / 1959

Date Order Starts: 31 / 5 / 2019

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 08396841

Last Known Address: 4 Ashwood Avenue, , , , Denton, M34 2PB

Conduct: From 07 September 2013 onwards Lorraine Martin failed to ensure that IMG Marketing Limited’s (“IMGL”) complied with its statutory obligations to file VAT returns and make payments, when due, to HM Revenue & Customs (HMRC); and caused the company to trade to the detriment of HMRC; 1. IMG submitted trading accounts for the years ended 31 March 2014 and 31 March 2015 to the Registrar, and its bank account statements show that it traded until shortly before the date of liquidation. 2. She failed to ensure that the VAT return for the VAT quarter ended 31 July 2013 was submitted by the due date of 07 September 2013, and failed to submit thirteen subsequent quarterly returns to the quarter ended 31 October 2016 by the due date. 3. In the absence of returns, HMRC raised assessments amounting to £17,037 for these fourteen VAT quarters. IMG made a payment of £1,315 against one of these assessments on 21 July 2014, leaving the remaining £15,722 unpaid. IMG made no further payments in respect of its VAT liability. 4. On 27 January 2017 IMG submitted six VAT returns to HMRC covering the quarters ended 30 April 2013 to 31 July 2014 inclusive, with the three latter returns being claims for repayment, giving a net liability of £15,769 for these six quarters. No payments were made against these returns. 5. In the absence of returns for the quarters ended 31 January 2017 and 30 April 2017 HMRC issued assessments amounting to £3,342, leaving VAT of £29,232 (including surcharges of £648) outstanding at the date of liquidation. 6. At liquidation the statement of affairs detailed that IMG owed £144,951 to creditors comprising £90,744 to trade creditors of which £44,000 was purportedly to a connected company with no evidence to support this and £42,000 crystallising only at liquidation, £24,975 to banks and £29,232 to HMRC in respect of VAT. 7. From 15 May 2017 onwards cash withdrawals amounting to £24,500 were made from IMG’s bank account; five payments amounting to £21,443 made to her relative; four payments amounting to £26,045 made to a third party individual; and two business loans were repaid by way of payments amounting to £103,000 representing a significant increase on previous repayment rates. No payments were made to HMRC during the same period 

This information is correct as at 10 / 5 / 2019



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