Case details for DENNIS THOMAS CARR

Name: DENNIS THOMAS CARR

Name: TRADEFORCE LIMITED

Date of Birth: 28 / 3 / 1973

Date Order Starts: 12 / 2 / 2019

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 09566922

Last Known Address: 15 PARK VIEW, , , , POTTERS BAR, EN6 5PT

Conduct: Dennis Thomas Carr failed to ensure that Tradeforce Limited (“Tradeforce”) complied with its statutory obligation to make payments to HM Revenue and Customs (“HMRC”) when due and traded to the detriment of HMRC from December 2015 for Value Added Tax (“VAT”) and from September 2015 for Pay As You Earn (“PAYE”), National Insurance Contribution (“NIC”) and Construction Industry Scheme (“CIS”) in that:

  • The first VAT return for the period ended 31 July 2015 was not submitted until 07 April 2016 and was not paid in full until 23 May 2016. Further VAT returns were submitted but failed to be paid in full or on time. The Time to Pay (“TTP”) arrangement entered into on 09 May 2016 failed when the initial payment of £10,000 was not paid in full on 20 May 2016, the return for quarter ended 30 April 2016 was not paid by 7 June 2016 and the monthly instalment of £4,491 was not paid in July 2016;
  • HMRC have claimed £151,168 in respect of VAT for the quarter ended 31 October 2015 to Liquidation;
  • PAYE/NIC/CIS payments were due monthly from August 2015 onwards but were not paid on time. The first payment was not made until December 2015 under a TTP arrangement with HMRC. The TTP arrangement failed when the ongoing monthly liabilities were not paid on time, and the monthly instalment of £1,500 was not paid in August 2016. The further arrangement on 12 September 2016 failed when the payment due in November 2016 was not cleared;
  • HMRC have claimed £106,050 in respect of PAYE/NIC/CIS for the month ended February 2016 to Liquidation;
  • At the date of Liquidation HMRC have claimed a total of £257,218 out of total liabilities of £274,070.
  • Financial Statements prepared to 30 April 2016 show the amount owed to HMRC at that date was £152,912 out of total creditors of £197,796;
  • The Financial Statements prepared to 30 April 2016 also show turnover of £704,670 and a Net Profit after tax of £8,034.
  • From 01 May 2016 to Liquidation total bank receipts were at least £709,640, while payments to HMRC in the same period totalled only £54,518. 

    This information is correct as at 10 / 4 / 2019



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