Name: GARY RAYMOND TERSCH

Name: Ship Edern Ltd

Date of Birth: 19 / 9 / 1967

Date Order Starts: 2 / 11 / 2026

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 11480725

Last Known Address: Derwen, Y Fron, Nefyn, , PWLLHELI, LL53 6HU

Conduct: Mr Gary Raymond Tersch (“Mr Tersch”) acted as a director of Ship Edern Ltd (“Ship Edern”) in contravention of the terms of his disqualification order, without leave of the Court, from 12 November 2019 (the date his disqualification commenced) until at least 18 November 2022 (the date the company ceased trading). Mr Tersch caused Ship Edern to trade to the detriment of His Majesty’s Revenue and Customs (“HMRC”) in respect of PAYE from at least 22 January 2020 and VAT in that: PAYE • On 12 November 2019, Ship Edern owed HMRC at least £8,104 in respect of outstanding PAYE/NIC liabilities • The next PAYE return for the period ending 05 November 2019 totalled £1,718 and was due for payment on 22 January 2020. • Between 22 January 2020 and 18 November 2022, Ship Edern incurred PAYE/NIC liabilities totalling £77,718 and received Employment Allowance of £12,922 • Between the same dates Ship Edern made payments towards its PAYE/NIC liabilities of £4,132 • On 18 November 2022 the outstanding PAYE/NIC balance was at least £66,816 VAT • On 12 November 2019, Ship Edern owed HMRC at least £50,609 in respect of outstanding VAT liabilities • The next VAT return for the period ending 30 November 2019 totalled £19,527 and was due for payment on 7 January 2020 • Between 12 November 2019 and 18 November 2022, Ship Edern submitted VAT returns resulting in VAT liabilities of at least £94,136 and incurred surcharges of at least £9,047. • Between the same dates, Ship Edern made payments of £16,287 in respect of the outstanding VAT liabilities • On 18 November 2022 the outstanding VAT balance was at least £133,891 Differential treatment • An analysis of available bank statements covering the period between 12 November 2019 and 18 November 2022 shows that £1,577,562 was credited into the company bank account. Payments out of the account totalled £1,579,795 of which £7,016 was paid to HMRC. It is noted that the HMRC ledgers show payments of at least £20,419 during this period • In the same period £31,425 was paid to Gary Tersch, £21,509 was paid to Donna Tersch and £1,519,845 was paid to other parties. • When the company ceased trading on 18 November 2022, HMRC was owed at least £200,707 in respect of the outstanding PAYE/NIC and VAT liabilities 

This information is correct as at 13 / 10 / 2026

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