Name: AUSTIN NATHAN SHARP

Name: Wefix Services Ltd

Date of Birth: 12 / 5 / 1987

Date Order Starts: 25 / 1 / 2024

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 10291049

Last Known Address: Westbury House, Bagshot Road, Chobham, , , WOKING, GU24 8DE

Conduct: Between 07 March 2020, first time VAT was due and not paid in full, 22 April 2020, when PAYE/CIS became due and not paid in full, 01 May 2020 in respect of CT (corporation tax) and 15 March 2022, the date of liquidation, Austin Nathan Sharp (“Mr Sharp”) caused Wefix Service Ltd (“Wefix” or “the company”) to trade to the detriment of HM Revenue and Customs (HMRC) resulting in a liability of £634,512 in that VAT A VAT return for quarter ending 31 January 2020 was submitted on 24 February 2020 which showed VAT totalling £24,497 owed, due for payment in full no later than 07 March 2020. Although 2 payments totalling £10,000 were made in October and November 2021, £14,947 remains unpaid at liquidation. Returns were submitted for 7 consecutive quarters for the periods 01 April 2020 to 31 October 2021 declaring £237,326 of VAT incurred. No payments have been made to this liability. A Time to pay (TTP) agreement was requested in August 2021. In October 2021 it was agreed payments of £5,000 per month. The only payments made after discussion of a TTP in August 2020 was a payment of £5,000 on 01 October 2021 and £5,000 on 01 November 2021. At liquidation VAT was left outstanding at a total sum of £274,898, excluding central assessments, of which £22,625 was surcharges. PAYE/NIC/CIS For the period ending 05 April 2020, PAYE/CIS totalling £22,304 remained outstanding due for payment in full no later than 22 April 2020. For the period April 2020 to December 2021 a further £305,724 PAYE and CIS was incurred less credits totalling £8,000. No payments have been made to this liability. At liquidation, £325,296 is outstanding of PAYE/NIC/CIS, excluding central assessments, of which £2,634 was interest CT For the period ending 31 July 2019, CT totalling £17,682, including interest, remained outstanding due for payment in full no later than 01 May 2020. For the period August 2019 to July 2020 a further £16,636 CT was incurred including interest. No payments have been made to this liability. • At liquidation, £34,318 is outstanding of CT, of which £1,806 was interest Detrimental treatment Between 31 July 2020, date of year end accounts to Liquidation HMRC liability has increased by £486,645 from £147,867 to £634,512. In the same period all other creditors combined have increased by £123,764 from £123,668 to £247,432 An analysis of the bank statements for the period 07 March 2020 to 15 March 2022 show banked receipts of £3,324,966 and payments out totalling £3,373,480 of which £13,626 was paid to HMRC For the same period Mr Sharp received net £344,808 and trade creditors, as listed in the Statement of Affairs in Liquidation, received net £461,912. Creditors’ claims show the majority of trade creditors are no older than October 2021 

This information is correct as at 5 / 1 / 2024

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