Name: Michael KEENEY

Name: Rudyard Upholstery Limited

Date of Birth: 17 / 6 / 1947

Date Order Starts: 29 / 12 / 2022

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 11970506

Last Known Address: 65 Cross House Road,, Grenoside,, , , SHEFFIELD,, S35 8RX

Conduct: Michael Keeney (“Mr Keeney”) caused Rudyard Upholstery Limited (“Rudyard”) to trade to the detriment of HM Revenue and Customs (“HMRC”) by failing to make payments as and when they fell due in respect of Value Added Tax (“VAT”) and PAYE/CIS from at the earliest 7 May 2020 in respect of VAT and 22 March 2020 in respect of PAYE/CIS. VAT Rudyard was incorporated on 30 April 2019 and registered for VAT by the director of the company, Mr Michael Keeney, with effect from 30 April 2019. VAT returns of £34,432 were submitted between 07 August 2019 and 07 February 2020 for periods 6/19 to 12/19 and payment made as and when due. VAT returns of £11,890 were submitted on 07 May 2020 for period 03/20. No payments were made. VAT returns of £1,600 were submitted on 05 August 2020 for period 06/20. Payment of £1,600 was made. VAT returns of £15,674 were submitted between 05 November 2020 and 06 May 2021 for periods 09/20 to 03/21. No payments were made. No VAT returns were submitted between 15 August 2021 and liquidation, resulting in assessments being raised of £13,179. No payments were made. In total at liquidation VAT liabilities of £42,504, including interest were outstanding at liquidation. PAYE PAYE/CIS returns became due between 19 June 2019 and 09 March 2020 for periods 05/19 to 01/20 and payments were made as and when required. PAYE/CIS returns of £16,925 after allowances, became due between 22 March 2020 and 22 July 2020 for periods 02/20 to 06/20 and payment of £12,698 was made, leaving £4,347 outstanding including interest of £120. PAYE/CIS returns of £10,072 after allowances, became due between 22 August 2020 and 22 October 2020 for periods 07/20 to 09/20 and payment of £4,268 was made, leaving £10,172 outstanding including interest of £21. PAYE/CIS returns of £33,822 after allowances, became due between 22 November 2020 and 22 September 2021 for periods 10/20 to 08/21. No payments were made until 15 October 2021, when £1000 was paid, leaving £42,994 outstanding. PAYE/CIS returns of £8,200 became due between 22 October 2021 and 22 December 2021 for periods 09/21 to 11/21. No payments were made leaving £51,194 outstanding. In total at liquidation PAYE/CIS liabilities of £51,194, including interest were outstanding. COMPARATIVE TREATMENT Corporation Tax of £5,037 is outstanding since 01.05.20. Company bank statements show that between 7 May 2020 and 25 October 2021 £479,887 was deposited into the company bank account, £144,937 was paid to trade suppliers, £34,906 was paid to other creditors, and £100,795 was paid in wages. During the same period payments to HMRC in respect of VAT and PAYE/CIS were £12,092. At cessation of trade HMRC was Rudyard’s largest creditor with debts totalling £98,199 of Rudyard’s total liabilities of £176,473. 

This information is correct as at 8 / 12 / 2022

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