Case details for STUART WILSON

Name: STUART WILSON

Name: JAPONICA INTERIORS LIMITED

Date of Birth: 15 / 6 / 1964

Date Order Starts: 24 / 6 / 2021

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 10418424

Last Known Address: 28 Goldcrest Road,, , , , NOTTINGHAM,, NG6 8PT

Conduct: Stuart Wilson (“Mr Wilson”) caused Japonica Interiors Ltd (“Japonica”) to trade to the detriment of HM Revenue and Customs (“HMRC”) in respect of Value Added Tax (“VAT”) from 07 February 2017 the date by which Japonica’s VAT liabilities for the period ended 31 December 2016 were due for payment, onwards and in respect of Pay As You Earn Income Tax and National Insurance Contributions (“PAYE/NIC”) from 22 May 2017 at the earliest, the date by which Japonica’s PAYE/NIC liability for the period ended 05 May 2017 was due for payment in full onwards; In that: VAT • Japonica registered for VAT with effect from 01 December 2016; • Japonica submitted returns for the periods ended 12/16 in the sum of £8,034 and 03/17 in the sum of £13,162 that should have been paid in full by 07 February 2017 and 07 May 2017 respectively; • Japonica paid £5,000 on 09 May 2018 which was allocated by HMRC £1,818 against the liability for 12/16 and £3,182 against the liability for 03/18; • Japonica made no further payments against the liability for VAT and as at the date of liquidation £16,196 remained outstanding in respect of the periods 12/16 and 03/17; • Japonica submitted VAT returns for the periods ended 06/17 (£21,693), 09/17 (£21,014) and 12/17 (£23,635) all of which remained unpaid at liquidation; • Japonica submitted no returns for the periods ended 03/18, 06/18, 09/18 and 12/18, HMRC raised assessments totalling £24,038 which remained unpaid at liquidation; • HMRC’s claim in respect of VAT amounts to £113,651 (Including surcharges) PAYE • Japonica was incorporated 10 October 2016 and submitted Real Time Information (“RTI”) returns to HMRC in respect of PAYE/NIC for months 9 to 12 of tax year 2016/17 in the total sum of £16,002 which was paid in full; • Japonica submitted RTI returns for months 1 to 12 of tax year 2017/18 in the total sum of £59,526. Between 06 March 2018 and 01 October 2018 Japonica made payments, late, totalling £12,923 against this liability and £46,603 remained outstanding at liquidation; • Japonica submitted RTI returns for months 1-11 of tax year 2018/19 in the total sum of £42,715. Japonica made 1 payment in the sum of £902 against this liability; • In the liquidation HMRC has claimed £87,983 (including penalties & interest) in respect of the liability for PAYE/NIC. A comparison of liabilities per the year end accounts to 31 December 2017 and at liquidation shows that liabilities to HMRC increased from £138,032 to £209,628, whilst liabilities to other creditors reduced from £21,421 to £13,624. Total liabilities are £215,258 of which £201,634 is owed to HMRC. 

This information is correct as at 15 / 7 / 2021



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