Case details for Halit Sarigul

Name: Halit Sarigul

Name: PROBAX LIMITED

Date of Birth: 4 / 5 / 1969

Date Order Starts: 24 / 9 / 2021

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 10099432

Last Known Address: 36 Park Road,, , , , BARGOED,, CF81 8SQ

Conduct: 1. Between at least 1 March 2017 and 31 October 2019 Mr Halit Sarigul (hereinafter referred to as ‘Mr Sarigul’) caused or allowed Probax Limited (hereinafter referred to as ‘Probax’) to suppress sales figures and to fail in its statutory obligations to register for VAT and submit returns and make payments to the detriment of HM Revenue & Customs, (hereinafter referred to as ‘HMRC’). At the date of liquidation Probax owed VAT to HMRC totalling £51,649.96. Due to non-submission and non-payment, penalties of £27,116.22 were subsequently raised giving the total liability owed to HMRC as £78,766.18. • HMRC conducted test purchases between the dates 10 July 2019 to 25 August 2019. As a result HMRC identified that not all purchases were accounted for and that the company had suppressed the sales figure • The company accounting records show that between 01 March 2017 and 31 October 2019, Probax received income of at least £206,723.00. Calculations made by HMRC estimate that between 01 March 2017 and 31 October 2019 Probax received income of £363,696.25. • As a result on 27 January 2020 HMRC compulsory registered Probax for VAT from 01 March 2017, the date from which HMRC estimated Probax should have been registered for VAT • On 31 January 2020 HMRC raised a VAT assessment for £51,649.96 for VAT due from 01 March 2017. • On 24 November 2019 penalties of £27,116.22 were raised by HMRC . • The total liability owed to HMRC is £78,766.18. This amount remains outstanding 2. From at least 1 June 2019 to 31 October 2019 Mr Sarigul failed to maintain and preserve all the accounting records of Probax Limited, or in the alternative, deliver up all such books and records as they were maintained, such that it is not possible to: • Confirm the true income and expenses of Probax. • Establish Probax’s true liability to HM Revenue & Customs in respect of VAT. • Verify whether funds of at least £19,423.26 have been used for legitimate business expenses. • Verify Mr Sarigul’s remuneration • Verify the cause of insolvency as reported in the statement of affairs. 

This information is correct as at 7 / 9 / 2021



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