Case details for Tony Macdonald

Name: Tony Macdonald

Name: Elite Force Guard Limited

Date of Birth: 21 / 5 / 1968

Date Order Starts: 9 / 11 / 2021

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 06686906

Last Known Address: The Old Barn, Langley Park, , Country Park, , SLOUGH, SL3 6DW

Conduct: As the sole director of Elite Force Guard Limited (“Elite Force”), Mr Tony Macdonald (“Mr Macdonald”) failed to deliver up the accounting records of Elite Force or, in the alternative, failed to maintain and/or preserve the accounting records which were adequate to explain the trading and financial position of Elite Force between 25 January 2016 until liquidation on 24 January 2019. As a consequence, it has not been possible to determine: Transactions through Elite Force’s Bank Account • The sources of cash deposits into Elite Force’s bank account totalling £21,100 between 10 December 2016 and 09 January 2019 and whether such deposits constituted sales and if so, whether such deposits constituted all amounts due. • The purpose of cash withdrawals totalling £3,243 between 10 December 2016 and 09 January 2019 including a £2,000 withdrawal on 02 November 2017 and whether they were applied for the benefit of Elite Force. • The purpose of purchases totalling £28,497 (net) between 10 December 2016 and 09 January 2019 and whether such purchases were for the benefit of Elite Force. • The purpose of transfers from Elite Force’s bank account totalling £16,192 between 10 December 2016 and 09 January 2019 and whether such transfers were in the best interests of Elite Force and its creditors. • The purpose of payments into Elite Force’s bank account totalling £3,154 between 10 December 2016 and 09 January 2019, and whether such payments constituted sales and if so, whether such payments constituted all amounts due. The accuracy and validity of Elite Force’s annual accounts: • The accuracy of Elite Force’s financial accounts for the periods ending 30 September 2016, 30 September 2017, and 31 May 2018. • The reason for Elite Force’s accounting period being shortened from 30 September 2018 to 31 May 2018 with regard to Elite Force’s accounts for the period ended 31 May 2018. • The identity of the person who prepared Elite Force’s accounts for the period ended 31 May 2018 and the identity of the person who filed such accounts with the Registrar of Companies. • The provenance and location of £252,049 referred to in Elite Force’s accounts for the period ended 31 May 2018 as “cash at bank and in hand”. • The provenance and identity of “debtors” totalling £502,500 in Elite Force’s accounts for the period ended 31 May 2018. • The accuracy of a statement made by Mr Macdonald which averred that debtors as declared in the year ending May 2018 accounts had all been collected by Elite Force and that cash as declared in the same accounts had been spent • The provenance of the figures which indicated Elite Force’s turnover to be £3,008,210 from 01 October 2017 to 31 May 2018 (as compared to turnover of £31,125 in the 12 months to 30 September 2017) and how such turnover was expended and whether it was applied for the benefit of Elite Force. • Whether the cash of £252,049 cash at bank and in hand which was averred by me as having been spent was applied for the benefit of Elite Force. • The identity of the creditors declared in the 31 May 2018 accounts totalling £345,700 and whether such creditors have been repaid. The position with regards HM Revenue & Customs • The place(s) of the supply of Elite Force’s services for the purposes of VAT and whether Elite Force ought to have been registered for VAT. • Whether the correct tax treatments were applied to Elite Force’s transactions. • The explanation for non-payment of Elite Force’s Corporation Tax liabilities from commencement of trading despite no losses being reported in any year besides 2016 (a loss of £2,432) and the balance owing to other creditors being reduced from £345,700 to £7,889 between 31 May 2018 and liquidation. Other Matters • Mr Macdonald’s remuneration and the existence or balance of any Director’s Loan Account. • The reason for Elite Force’s only disclosed bank account ceasing most trading activity in May 2017, and how Elite Force traded without the operation of such disclosed bank account from May 2017 onwards. • How Elite Force received the proceeds of sales from overseas clients and how such proceeds were managed without any overseas banking or financial facilities and whether such sale proceeds were applied for the benefit of Elite Force. • Whether there are any additional creditors in the liquidation. • The date and cause(s) of Elite Force’s insolvency. 

This information is correct as at 22 / 10 / 2021



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