Name: Nicholas Palliser

Name: NICK PALLISER CONSULTING LTD

Date of Birth: 1 / 1 / 1963

Date Order Starts: 17 / 3 / 2025

Disqualification Length: 4 years Years 0 Month(s)

CRO Number: 11558819

Last Known Address: North Pavilion, Kelmarsh Hall, Main Road,, , , , NORTHAMPTON,, NN6 9LY

Conduct: From at least 01 July 2020 to 09 March 2023 (the date of liquidation) Nicholas John Palliser (“Mr Palliser”) failed to ensure that Nick Palliser Consulting Ltd met its financial commitments as regards to Corporation Tax (“CT”) and Value Added Tax (“VAT”) and he caused the company to continue trading whilst withdrawing funds for the benefit of himself, which was to the risk and ultimate detriment of HM Revenue and Customs (“HMRC”) in that: Corporation Tax • The company submitted returns in respect of its liabilities for CT for the accounting periods ending 30 September 2019 and 30 September 2020 which declared CT due of £32,178.40 and £13,937.83 respectively. No payment was made towards these liabilities, leaving the full sum outstanding in the Liquidation. The full liability for the accounting period to 30 September 2019 of £32,178.40 ought to have been paid in full by 01 July 2020. Value Added Tax • The company’s submitted returns in respect of its liabilities for VAT for the quarters ending between 12/18 to 12/22 declared VAT due to HMRC totalling £55,118.03. Surcharges totalling £955.15 were raised for 2 VAT quarters. • Payments totalling £42,590.17 were made towards these liabilities and where these payments are allocated to the earliest outstanding liabilities, they are sufficient to discharge the liabilities to the quarter ended 03/21 and partially settled the VAT liability for the quarter ended 06/21, leaving the VAT and surcharges for the quarters ended to 06/22 totalling £13,483 unpaid. The VAT liability for the quarter ended 06/21 ought to have been paid in full by 07 August 2021. The £13,483 remains unpaid in Liquidation. Comparative treatment • The company’s bank receipts for the period 02 July 2020 to 03 October 2022 (being the last banking receipt and the last payment made to Mr Palliser) totalled £287,262.49. During the same period £200,167.01 (including £27,420 which was paid after Mr Palliser informed the accountants in May 2022 that the company could not afford to meet its tax commitment) was paid to Mr Palliser and £14,972.25 was paid to HMRC. • In the financial year ended 31 September 2022 salaries of £178,000 were paid to Mr. Palliser, an increase of £169,150 compared to the financial year ended 31 September 2021 which resulted in a PAYE tax and NIC of £92,310. The company’s accountants stated that these liabilities are unpaid. • Mr. Palliser’s signed Statement of Affairs stated HMRC as the largest creditor in liquidation at £101,234 out of the total deficiency as regards creditors of £121,236. 

This information is correct as at 25 / 2 / 2025

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