Case details for Rosalind Jane Tydeman

Name: Rosalind Jane Tydeman

Name: Tydeman And Tydeman Limited

Date of Birth: 19 / 12 / 1966

Date Order Starts: 5 / 6 / 2019

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 09099237

Last Known Address: Blackheath Cottage,, , Powderham,, , EXETER,, EX6 8JN

Conduct: In the period 01 November 2015 to 28 November 2017, the date of liquidation, Rosalind Jane Tydeman caused or allowed Tydeman & Tydeman Ltd (“Tydeman”) to breach its obligation to submit timely VAT returns and as a result to make timely payments and therefore to trade to the detriment of H M Revenue & Customs (”HMRC”) in respect of VAT, resulting in VAT liabilities at liquidation totalling £57,397 (inclusive of surcharges) in that:

  • On 01 November 2015 Tydeman’s VAT liability totalled £1,903 and this increased to £57,397 at the date of liquidation.
  • HMRC has confirmed that Tydeman’s first VAT return for the period ended 31 October 2014 was submitted on time, thereafter Tydeman failed to submit a further VAT return until October 2017.
  • Between 01 November 2015 and 15 September 2017 HMRC raised a further eight VAT assessments for the quarters ended 31 October 2015 to 31 July 2017 with a combined total of £5,746. Furthermore, HMRC applied seven surcharges for the quarters ended 31 January 2016 to 31 July 2017 totalling £726.
  • On 02 October 2017 Tydeman’s accountant submitted eleven VAT returns for the quarters ended 31 January 2015 to 31 July 2017 with a combined total of £53,117. The HMRC assessments previously raised for the corresponding periods were withdrawn.
  • Following the submission of the VAT returns, the previously applied surcharges totalling £726 for the quarters ended 31 January 2016 to 31 July 2017 were replaced by surcharges totalling £5,125.
  • During the period 01 November 2015 to 28 November 2017 Tydeman made a single payment dated 10 February 2017 in respect of VAT, totalling £845. Differential Treatment:
  • In the period 01 November 2015 to liquidation, Tydeman received income of £213,349 into its bank account. In the period 01 November 2015 to liquidation, Tydeman made a single payment of £845 to HMRC in respect of VAT.
  • In the period 01 November 2015 to liquidation, expenditure from Tydeman’s bank account totalled £214,105. Of the total expenditure, wages accounted for £77,550, online transactions accounted for £46,932, card transactions accounted for £43,514, standing orders/direct debits accounted for £23,862 and transfers to the directors accounted for £16,322.
  • The accounts for the period ended 30 June 2015, signed on 24 March 2016, demonstrate a VAT liability of £13,999 and remaining creditors with a combined total of £14,161.
  • The accounts for the period ended 30 June 2016, signed on 13 September 2016, demonstrate a VAT liability of £42,571 and remaining credits with a combined total of £2,730.
  • At liquidation HMRC was Tydeman’s largest creditor with debts totalling £61,168 with VAT accounting for £57,397 of the total debt, trade creditors totalling £1,253 and the director’s DLA totalling £415. 

    This information is correct as at 15 / 5 / 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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