Case details for ABBY MCCULOCH

Name: ABBY MCCULOCH

Name: Mollys Den (Hampshire) Ltd

Date of Birth: 23 / 8 / 1976

Date Order Starts: 8 / 4 / 2019

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 09082033

Last Known Address: 5 Victoria Road, , , , DORCHESTER, DT1 1SB

Conduct: Ms Abby McCulloch (“Ms McCulloch”) caused Mollys Den (Hampshire) Ltd (“Mollys Den (Hampshire)”) to trade to the detriment of HM Revenue and Customs (“HMRC”) in respect of PAYE/NIC from 22 April 2014 to 22 April 2017, VAT from 7 September 2015 to 30 October 2017 and Corporation Tax from 31 March 2016 to 30 October 2017, as follows: PAYE/NIC

  • Mollys Den (Hampshire) paid employees without operating PAYE for the tax years 2014/15, 2015/16 and 2016/17.
  • HMRC requested payroll information from the company but no reply was received.
  • HMRC therefore issued assessments for the three tax years totalling £80,063.
  • Penalties totalling £2,795 were imposed for failing to file Real Time Information (“RTI”) returns and interest totalling £1,204 was charged.
  • At the date of liquidation, £84,062 was owing to HMRC in respect of PAYE assessments, penalties and interest. VAT
  • The first VAT return was for the period ending 07/15 and this was submitted late and without full payment.
  • The VAT return for the quarter ending 10/15 was submitted late with payment in full.
  • Mollys Den (Hampshire) submitted the VAT return for the quarter ending 01/16 late and without payment.
  • The company was then recorded as missing and this inhibited VAT returns from being issued. After the missing trader marker was removed, a VAT return covering nine months was required. This was submitted early but without payment.
  • The VAT returns for the quarters ending 01/17 and 04/17 were submitted on time but without payment. A surcharge was also imposed for the quarter ending 04/17.
  • VAT assessments were raised for the quarters ending 07/17 and 10/17 due to the VAT returns not being submitted.
  • Mollys Den (Hampshire) made a monthly payment of £500 from October 2016 to May 2017.
  • At the date of liquidation, £12,886 was owing to HMRC in respect of the VAT returns, assessments and surcharge. Corporation Tax
  • Mollys Den (Hampshire) made the required return in respect of Corporation Tax for the period ending 30 June 2015. A part payment was made but the balance was outstanding at the date of liquidation.
  • Mollys Den (Hampshire) made the required return in respect of Corporation Tax for the period ending 30 June 2016 but failed to make any payment. A penalty of £200 was also incurred.
  • At the date of liquidation, £38,520 was owing to HMRC in respect of Corporation Tax and a penalty. Comparative treatment of HMRC and other creditors
  • At cessation of trade HMRC was Mollys Den (Hampshire)’s largest creditor with debts totalling £135,468 from total liabilities of £139,529. At this date other creditors stood at £4,061.
  • Unaudited financial statements for the period ending 30 June 2016 and claims made in the liquidation show the amounts due to HMRC have increased from £67,312 to £135,468.
  • Trade and other creditors have decreased during the same period from £54,315 to £4,061. 

    This information is correct as at 18 / 3 / 2019



    If you believe this page contains any errors, please email civil.proceedings.team@insolvency.gov.uk with details of the error that you have found.

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