Case details for SCOTT COBBOLD


Name: Cobbold Carpentry & Building Contractors Limited

Date of Birth: 27 / 12 / 1970

Date Order Starts: 30 / 4 / 2019

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 08408825

Last Known Address: 14 GYPSY LANE, Great Amwell, WARE, , , SG12 9RN

Conduct: Since at least 07 April 2015 until 20 February 2017, the date of liquidation, Scott Cobbold caused Cobbold Carpentry & Building Contractors Limited (hereafter called Cobbold) to trade to the detriment of HM Revenue and Customs (hereinafter referred to as HMRC) by failing to ensure that Cobbold submitted returns and made payments as required for VAT and Corporation Tax, so that as at liquidation, Cobbold had an outstanding liability of at least £84,627.03 in respect of VAT and Corporation Tax. VAT Cobbold submitted a VAT return for the 02/15 period totalling £1,929.54 payable by 07 April 2015 at the latest. Payment was not made on time and as a result a surcharge of £192.95 was applied by HMRC. Cobbold submitted further VAT returns for the 05/15 to 08/16 periods totalling £41,071.58 against. In the absence of adequate payment HMRC raised surcharges totalling £6,160.71 for these periods An additional HMRC Officer’s Assessment of £7,917.26 was applied to the 08/16 period. In the absence of returns HMRC raised assessments for the 11/16 and 02/17 periods totalling £16,670 and applied surcharges of £1,295.85. Two payments were made on 3 November 2015 and 4 March 2016 totalling £4,416.24 At Liquidation Cobbold has VAT liabilities totalling £70,867.43 due to HMRC, including interest of £45.58. Corporation Taxes Corporation Tax totalling £17,012 for the 2014/15 period fell due for payment by 01 December 2015, against which payments totalling £3,252.40 were made by Cobbold, As at the date of liquidation £13,759.60 remains outstanding for Corporation Tax; Comparative Treatment A review of the bank statements for the period 07 April 2015 to 17 March 2017, show that excluding contra credits a total of £552,900.73 was paid out of the bank account; £469,736.64 was paid out in respect of trade expenses, employee and subcontractor wages and charges and interest fees; Loans to connected/unconnected third Parties totalled £11,005.00

  • Payments made to hin or for his direct benefit totalled £66,748.98; while HMRC received £5,410.11 

    This information is correct as at 10 / 4 / 2019

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