Case details for Garry McNamee

Name: Garry McNamee

Name: NATIONAL TECHNOLOGY SOLUTIONS LTD

Date of Birth: 28 / 12 / 1988

Date Order Starts: 20 / 7 / 2026

Disqualification Length: 7 Years 0 Month(s)

CRO Number: SC655909

Last Known Address: 5 Redpath Drive, Cambuslang, , , Glasgow, G72 7UA

Conduct: Mr Gary McNamee (“Mr McNamee”) following the liquidators appointment on 25 April 2023, failed to co-operate with the Liquidator which obliges him to give the Liquidator information concerning National Technology Solutions (“the company”), in that he failed to deliver up accounting records for the company or in the alternative failed to maintain and/or preserve accounting records, which were adequate to explain the trading and financial position of the company between 27 February 2020 to liquidation. As a consequence, it has not been possible to account for the following: • The position regarding the company’s income. o The unaudited abridged company accounts for period 27 February 2020 to 28 February 2021 signed by Mr McNamee on 4 May 2021 showed a Gross Profit of £113,901. The company bank statements for period 27 February to 28 February 2021 shows credit into the company’s account of £484,976. Of this £50,000 was the Bounce Back Loan the company had applied for, £13,951 was from HMRC for Job Retention Scheme. £200 was from the company director. £74,866 trading income, £345,960 of transfers into the company account cannot be explained nor can they be cross referenced with the unaudited abridged company accounts submitted to Companies House for this period. In the absence of company accounting records, it is not possible to determine if these amounts are a true reflection achieved during the period of trading. o Analysis of the company bank account for period 01 March 2021 to 28 February 2022 shows credit into the company’s account of £629,498. Of this £9,984 is from HMRC Job Retention Scheme, £191,738 has been identified trading, and £427,777 of transfers into the company account cannot be explained. In the absence of company accounting records it is not possible to determine if these amounts are a true reflection achieved during the period of trading. o Analysis of the company bank account for period 01 March 2022 to 28 February 2023 shows credit into the company account of £420,264. Of this £6,020 was cash deposits, £94,755 can be identified as various trading income, £10,000 is a loan, and £309,489 cannot be explained. In the absence of company accounting records, it is not possible to determine if these amounts are a true reflection achieved during the period of trading. • The position regarding the company’s expenditure. o Company bank statements for the period 27 February 2020 to 28 February 2021 reveal expenditure in the sum of £482,924 of which £81,390 was unexplained, £58,667 was to the company director and £12,288 was to HMRC. In the absence of company accounting records it is not possible to determine if these amounts were expended for the benefit of the company or if the payments to HMRC reflect the company’s actual tax liability. o Company bank statements for the period 01 March 2021 to 28 February 2022 reveal expenditure in the sum of £630,493 of which £105,068 was unexplained, £64,142 was to the company director, and £22,242 was to HMRC. In the absence of company accounting records it is not possible to determine if these amounts were expended for the benefit of the company or if the payments to HMRC reflect the company’s actual tax liability. o Company bank statements for the period 01 March 2022 to 28 February 2023 reveal expenditure in the sum of £420.733 of which £46,207 was unexplained, £6 was to the company director, and £22,242 was to HMRC. In the absence of company accounting records it is not possible to determine if these amounts were expended for the benefit of the company or if the payments to HMRC reflect the company’s actual tax liability. • The position of the company assets. o The company accounts for period 27 February 2020 to 28 February 2021 show fixed assets of £22,744 and current assets, including stock, cash at bank and in hand, and debtors of £71,792. In the absence of adequate company accounting records it is not possible to determine the whereabouts of these assets and whether they have been disposed of for the benefit of the company. • The company’s eligibility for the Bounce Back Loan. o Furthermore, without accounting records it has not been possible to verify whether the company was eligible for a Bounce Back Loan of £50,000, or if that loan was used for the express purpose of providing economic benefit to the business. 

This information is correct as at 7 / 7 / 2026



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