Name: STEPHEN PAUL WHITE

Name: Precision Service Group Ltd

Date of Birth: 26 / 11 / 1967

Date Order Starts: 12 / 2 / 2024

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 11067760

Last Known Address: 79 Redhouse Lane,, , , , WALSALL,, WS9 0DF

Conduct: Stephen Paul White (“Mr White”) caused or allowed Precision Service Group Ltd (“PSG”) to trade to the detriment of HMRC from 22 May 2020 in respect of PAYE/NIC and 07 July 2020, at the latest, in respect of VAT resulting in a liability of £181,438.69 for PAYE/NIC and of at least £51,243.62 for VAT at liquidation.: VAT HMRC’s claim for VAT is £51,243.82 including surcharges of £4,431.76. VAT returns were submitted by PSG for the periods from 30 November 2019 to 31 May 2021 declaring VAT due of £57,782.61. PSG fell into arrears with VAT on 07 January 2020 when payment for the return for the quarter 11/19 of £6,538.99 fell due and was not paid in full. The only payment for VAT paid by PSG between the VAT quarters 11/19 and 05/21 was £6,538.99 paid on 18 May 2020. As a result of PSG’s failure to make full payments as and when due, HMRC applied default VAT surcharges of £4,431.76. PAYE/NIC HMRC’s records show that PSG submitted PAYE returns for the months August 2019 to June 2021. In the tax year 2019/2020, PSG’s returns show tax due of £30,780.04 in relation to PAYE, NIC and Student Loan deductions. HMRC records show 7 payments made by PSG towards PAYE totalling £17,088.83 which HMRC allocated to the year 2019/2020 leaving a shortfall of £13,691.21 for the year. In the tax year 2020/2021, PSG’s returns show tax due of £47,333.98 in relation to PAYE, NIC and Student Loan deductions. HMRC records show 1 payment by PSG allocated to the tax year 2020/2021 towards PAYE/NIC on 15 May 2020, of £1,792.97, leaving a shortfall of £45,451.01 for the year. HMRC records show that a further payment was made by PSG after 15 May 2020, £9,000.00 being paid from an unknown source on 02 February 2022, which was allocated to the tax year 2019/2020. In the tax year 2021/2022, PSG submitted returns which show tax due of £118,125.61 in relation to PAYE and NIC. In the tax year 2022/2023, PSG submitted returns which show tax due of £4,080.86 in relation to PAYE and NIC. Bank statements for PSG for the period from 30 June 2020 to 14 June 2022 show total payments from the account of £152,784 with no payments made to HMRC. 

This information is correct as at 22 / 1 / 2024

If you believe this page contains any errors, please email legalservices@insolvency.gov.uk with details of the error that you have found.