Case details for BRADLEY SIMMS



Date of Birth: 11 / 12 / 1995

Date Order Starts: 28 / 3 / 2022

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 10590129

Last Known Address: 43 Surrey Avenue, , , , Cheltenham, GL51 8DF

Conduct: Between 7 August 2018 and 27 February 2020, Bradley Simms caused Sterling Security Solutions (South West) Ltd (Sterling) to trade to the detriment of HM Revenue & Customs (HMRC) in respect of VAT and PAYE/NIC resulting in a liability to HMRC of 179,579 (as at the date of liquidation) being 27 February 2020, in that:- VAT Sterling registered for VAT with effect from 01 May 2017 On 07 August 2018 a VAT return was submitted for month ended 31 June 2018 for 6,441 due for payment in full by that date. Payments totalling 564 were later made on 18 March 2018 and 17 May 2019, however, 5,876 remains outstanding at liquidation. A further 15 consecutive monthly VAT returns totalling 102,686 were submitted for the months July 2018 to September 2019. No payments have been made to this outstanding liability. Payments totalling 15,794 were made between 01 July 2018 and 08 October 2018. These were set to VAT overdue in earlier periods and surcharges. PAYE/NIC For the year ending 05 April 2019 Sterling incurred PAYE/NIC of 35,450 and made payments of 10,075 (including a 3,000 credit) leaving a balance outstanding at liquidation of 25,330 which included 2,913 for July 2018 which should have been paid in full by 22 August 2018 at the latest. The last payment of 200 was made on 07 May 2019. For the year ending 5 April 2020 Sterling incurred PAYE/NIC of 27,317 to which no payments were made and received credits of 3,000 leaving a balance of 24,317 at liquidation. Detrimental treatment At liquidation HMRC liability totals 179,579 of which 49,647 remains unpaid for PAYE/NIC, 212 for interest charges/penalties, 113,324 for VAT and 16,396 of surcharges. Other creditors were owed 3,600. The accountant stated in May 2019 they were made aware that HMRC were chasing for unpaid VAT and PAYE debts and advised the director he needed to discuss and arrange payment for the debts, however the company continued to trade until or around February 2020 incurring further PAYE/NIC and VAT. The last payment to HMRC was on 07 May 2019. An analysis of the bank statements between 08 August 2018 and 14 February 2020 showed bank receipts of 828,577 and payments of 842,590 of this only 19,896 was paid to HMRC, however, net payments of 49,378 were made to a connected person and 25,144 was paid to Mr Simms. 

This information is correct as at 17 / 3 / 2022

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