Name: James Duncan MCPHIE

Name: PHARMHAND LIMITED

Date of Birth: 10 / 9 / 1969

Date Order Starts: 6 / 11 / 2026

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 09106454

Last Known Address: 8 Palatine Road, , , , THORNTON-CLEVELEYS, FY5 1EY

Conduct: James Duncan McPhie ('Mr McPhie') failed to ensure Pharmhand Limited ('the company') complied with its statutory obligations to pay all monies due in respect of VAT and Corporation Tax to HM Revenue & Customs ('HMRC') and caused the company to trade to the detriment of HMRC with effect from at least 07 February 2020 in respect of VAT, and with effect from the period ending 31 March 2022 in respect of Corporation Tax. At the date of liquidation, HMRC were owed £122,482.87 attributable to the non-payment of VAT and £83,980.55 attributable to the non-payment of Corporation Tax. VAT • Mr McPhie registered the company for VAT on 27 June 2014 • Between 30 November 2014 and 07 January 2019, the company submitted VAT returns and paid VAT liabilities as they fell due. • From at least 07 January 2020, Mr McPhie failed to submit VAT returns in a timely manner and the VAT liability started to accrue. • Between 07 January 2020 and the date of liquidation on 17 January 2025, the company's VAT liability increased from £10,196.17 to £122,482.87. • In this time, the following VAT payments were made: • £3,589.41 on 27 May 2020. This payment was attributed to the VAT period ending 31 August 2019. • £4,315.68 on 01 September 2022. This payment was attributed to the VAT period ending 31 May 2022. • The last payment in respect of VAT was £4,315.68 on 01 September 2022 attributable to VAT period ending 31 May 2022. CORPORATION TAX: • Between 01 July 2020 and 30 June 2023 the company incurred Corporation Tax liabilities of £75,091.38. • For the period 01 July 2020 to 30 June 2021 the company incurred corporation tax of £21,025.46 and a penalty of £1,000, due for payment by 31 March 2022. • For the period 01 July 2021 to 30 June 2022 the company incurred corporation tax of £25,411.24. • For the period 01 July 2022 to 30 June 2023 the company incurred corporation tax of £27,454.68 and a penalty of £200. • HMRC has also charged interest of £8,889.17 on the company's Corporation Tax debt • During the period that this debt accrued, the company made payments on their Corporation Tax liabilities of £26,816.39 on 11 August 2022 and £17,553.57 on 16 June 2023 but these were assigned to older debts. • Upon liquidation the company owed a total of £83,980.55 in Corporation Tax and Interest DIFFERENTIAL TREATMENT OF HMRC: • Bank statements for the period 07 January 2020 to 18 November 2024 show total trading receipts of £684,132. During the same period: • £348,844 was paid to Mr McPhie. • £185,038 was paid to the company secretary, • £12,220.77 was paid to HMRC in respect of VAT, • £41,369.96 was paid to HMRC in respect of CT, • £51,002.44 was paid to Trade and Expense Creditors. • At the date of liquidation, £206,463.42 was owed to HMRC, £6,333 owed in Bank Loans and £4,740 owed to Trade and Expense creditors. 

This information is correct as at 16 / 10 / 2026

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