Name: DAVID JOHN OAKMAN

Name: JND CONSTRUCTION LIMITED

Date of Birth: 26 / 7 / 1984

Date Order Starts: 19 / 2 / 2024

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 08117005

Last Known Address: 8 HIGH LEYS, , , , ST IVES, PE27 6RU

Conduct: David Oakman (“Mr Oakman”) failed to ensure that JND CONSTRUCTION LIMITED (“JND”) made payments to HM Revenue & Customs (“HMRC”) as and when they fell due from at least 7 February 2020 to liquidation in respect of VAT and from 22 February 2020 PAYE/NIC and Corporation Tax (“CT”) and caused JND to trade to the detriment of HMRC, in that HMRC are owed £166,463.33 as at the date of liquidation. In particular: VAT • JND was registered for VAT with effect from 01 March 2014; • JND submitted its first VAT return for the period ending March 2014 and subsequent returns were submitted on time until the period September 2021; • The last VAT return was submitted for the period December 2021; • An assessment was issued for the period March 2022; • JND fell into arrears with VAT on 7 November 2019 when payment for the quarter September 2019 fell due. • The last payment for VAT was made on the 04 December 2019 in respect of the periods March 2019 and June 2019. No further payments were made after this date; • As at the date of the liquidation at least £109,825 is owed in respect of VAT including surcharges. HMRC have put in a claim of £111,838 in respect of VAT. PAYE, NIC and CIS • The company submitted returns for PAYE, NIC and CIS from 05 June 2013 until 05 September 2021. • Partial payments were made towards PAYE, NIC and CIS with the last payment being made on the 22 January 2020. HMRC’s records show payments totalling £7,924 were made towards these liabilities. • HMRC’s records show that the company started defaulting with PAYE, NIC and CIS from 05 February 2020, which was due for payment by 22 February 2020; • HMRC have put in a claim of £26,622 in respect of PAYE, NIC and CIS. Corporation Tax (“CT”) • JND’s CT liability for the period ending 30 June 2019 was £19,092 and due for payment by 31 March 2020, according to HMRC’s records £654 was paid in respect of this liability; • JND’s CT liability for the period ending 30 June 2020 was £8,274 and due for payment by 31 March 2021, according to HMRC’s records no payment was made in respect of this liability; • HMRC’s records show that no further payments were made in respect of the CT returns submitted for 30 June 2019 onwards, however bank statements show that between 08 July 2020 and 02 August 2021, £24,600 was paid towards CT; • According to HMRC’s record of contact with the company a Time to Pay Arrangement was made in respect of the outstanding CT liability of £49,089 on the 07 July 2020. The Time to Pay Arrangement was to be over a 2-year period; • As at the date of the liquidation £26,713 is owed in respect of Corporation Tax. Comparative Treatment • JND’s bank statements record that between 07 November 2019 and 13 December 2021, the sum of £1,044,308 was credited to its account; • Of this sum, £150,593 was paid to the directors by way of dividends and salary, £599,157 to other creditors, £149,205 on wages to other parties and £41,731 on cash withdrawals and sundry spending, compared to £36,083 to HMRC; • The annual accounts dated 30 June 2020 show that £124,661 was owed to HMRC and £2,925 to other creditors; • At liquidation, HMRC was owed £166,463 out of total liabilities of £217,925. 

This information is correct as at 30 / 1 / 2024

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