Case details for Simon Jeffrey SHORT

Name: Simon Jeffrey SHORT

Name: Simply Elliott Short Limited

Date of Birth: 4 / 11 / 1978

Date Order Starts: 5 / 7 / 2019

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 09656237

Last Known Address: 2 Horton Park,, , , , BLYTH, NE24 4JD

Conduct: Simon Jeffrey Short (Mr Short) failed to ensure that Simply Elliott Short Ltd (“Simply”) complied with its statutory obligations to submit quarterly returns and/or make payments as and when due in respect of Value Added Tax (“VAT”) and caused Simply to trade to the detriment of HM Revenue & Customs (“HMRC”) from 7th May 2016 until 22nd January 2018 resulting in a liability of £211,780.55 to HMRC at the date of the liquidation in that:

  • No VAT returns were made for 6 VAT quarters from 03/16 to 09/17.
  • VAT liabilities totalling £204,284.26 are outstanding for 9 VAT quarters from 03/16 to 03/18.
  • At Liquidation, HMRC was Simply’s majority creditor, with debts totalling £211,780.55 from overall creditors of £287,595.25. This includes PAYE, CIS and charges of £7,496.29.
  • Analysis of creditors for the company shows the amount owing to HMRC has increased year on year from £61,265 in prepared accounts for y/e 31.03.16 to £211,780.55 at liquidation. In the same period the amount owing to other creditors was £2,700 in prepared accounts for y/e 31.03.16 rising to £49,883.16 at liquidation. In contrast the amount owing to trade creditors was £27,090 in prepared accounts for y/e 31.03.16 rising to £29,418 in prepared accounts for y/e 31.03.17 and reducing to £11,615.16 at liquidation.
  • Analysis of financial records for the company show between 7th May 2006 and 22nd January 2018 Simply had a turnover of £1,371,218. Trade debits amounted to £876,747, Staff wages amounted to £305,846, HMRC debits, which were exclusively for PAYE, amounted to £57,504, DWP debits amounted to £3,100. He received a total of a total of £71,859 comprising of wages of £34,584, Director’s Fees of £31,200 and a Directors Loan Account of £6,075. 

    This information is correct as at 17 / 6 / 2019


    Name: Graeme Robert  Elliott

    Name: Simply Elliott Short Limited

    Date of Birth: 4 / 3 / 1987

    Date Order Starts: 4 / 7 / 2019

    Disqualification Length: 3 Years 6 Month(s)

    CRO Number: 09656237

    Last Known Address: 26 Elgin Close, , , , CRAMLINGTON, NE23 8JA

    Conduct: Graeme Robert Elliott (Mr Elliott) failed to ensure that Simply Elliott Short Ltd (“Simply”) complied with its statutory obligations to submit quarterly returns and/or make payments as and when due in respect of Value Added Tax (“VAT”) and caused Simply to trade to the detriment of HM Revenue & Customs (“HMRC”) from 7th May 2016 until 22nd January 2018 resulting in a liability of £211,780.55 to HMRC at the date of the liquidation in that:

  • No VAT returns were made for 6 VAT quarters from 03/16 to 09/17.
  • VAT liabilities totalling £204,284.26 are outstanding for 9 VAT quarters from 03/16 to 03/18.
  • At Liquidation, HMRC was Simply’s majority creditor, with debts totalling £211,780.55 from overall creditors of £287,595.25. This includes PAYE, CIS and charges of £7,496.29.
  • Analysis of creditors for the company shows the amount owing to HMRC has increased year on year from £61,265 in prepared accounts for y/e 31.03.16 to £211,780.55 at liquidation. In the same period the amount owing to other creditors was £2,700 in prepared accounts for y/e 31.03.16 rising to £49,883.16 at liquidation. In contrast the amount owing to trade creditors was £27,090 in prepared accounts for y/e 31.03.16 rising to £29,418 in prepared accounts for y/e 31.03.17 and reducing to £11,615.16 at liquidation.
  • Analysis of financial records for the company show between 7th May 2016 and 22nd January 2018 Simply had a turnover of £1,371,218. Trade debits amounted to £876,747, Staff wages amounted to £305,846, HMRC debits, which were exclusively for PAYE, amounted to £57,504, DWP debits amounted to £3,100. He received a total of £74,029 comprising of wages of £40,484, Director’s Fees of £31,200 and a Directors Loan Account of £2,345. 

    This information is correct as at 13 / 6 / 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.

  •