LIME AND BLACK BPS LIMITED

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Disqualified Directors Conduct

Dharminder Singh Gill
May 1974
Disqualified from being a director because of their conduct for the period of
5 Years 0 Month(s)
Disqualification starts from
17 August 2023
Improper conduct which resulted in their disqualification
Dharminder Singh Gill (“Mr Gill”) failed to ensure that Lime and Black BPS Limited (“L&B”) complied with its statutory obligations to submit accurate Value Added Tax (“VAT”) returns to HM Revenue and Customs (“HMRC”), resulting in a VAT liability totalling at least £4,269,026. In that: • L&B registered for VAT on 01 April 2020 stating turnover for the year as £100,000 • The first VAT return for the period ending 06/20 became due on 07 August 2020. • L&B failed to submit the due return and on 14 August 2020 HMRC raised a VAT assessment for £283, which L & B paid on 27 August 2020. • L & B failed to submit VAT returns for the periods ending 09/20,12/20 and 03/21 respectively and HMRC raised automated assessments for £271, £298 and £342 • L&B paid the automated assessments. • On 19 July 2021 HMRC raised an officer’s assessment totalling £846,331 • L&B made two payments of £60,630 on 20 and 21 July 2021. • On 21 July 2021 HMRC obtained a freezing order over one of L&B’s bank accounts • On 26 July 2021 HMRC obtained a further freezing order over 2 of L&B’s bank accounts • On 29 July 2021, L&B submitted the VAT returns for the periods ending 06/20,09/20, 12/20, 03/21 and 06/21. The VAT returns stated total tax due of £4,019,484, total VAT reclaimed of £3,569,451 and Net VAT to be paid to HMRC of £450,069 • On 06 November 2021, L &B submitted the VAT return for the period 03/21 which stated total VAT due £317,465, VAT reclaimed in the period £419,367 and a net claim due from HMRC of £101,902 • Following an investigation, HMRC rejected a majority of VAT reclaims and determined: - one set of invoices did not show a VAT number and HMRC were unable to trace a VAT account for that party - invoices for another party appeared to be invalid for the purposes of VAT because the VAT registration number had been hijacked from another VAT registered business. • On 22 July 2022 HMRC raised an officer’s assessment for £3,120,379 HMRC’s claim in the liquidation is £4,269,026
KIRAN MISTRY
September 1965
Disqualified from being a director because of their conduct for the period of
12 Years Years 0 Month(s)
Disqualification starts from
1 January 2025
Improper conduct which resulted in their disqualification
Mr Kiran Kumar Narottam Mistry (“Mr Mistry”) acted as a director of Lime and Black BPS Limited (“L&B) in contravention of the terms of his disqualification order, without leave of the Court, from 24 March 2020 (the date of incorporation) until 18 March 2022 (the date L&B entered liquidation). Mr Mistry failed to ensure that from 07 August 2020, Lime and Black BPS Limited (“L&B”) complied with its statutory obligations to submit accurate Value Added Tax (“VAT”) returns to HM Revenue and Customs (“HMRC”), resulting in a VAT liability totalling at least £4,269,026. In that: • L&B registered for VAT on 01 April 2020 stating turnover for the year as £100,000. The first VAT return for the period ending 06/20 became due on 07 August 2020. • L&B failed to submit the due return and on 14 August 2020 HMRC raised a VAT assessment for £283, which L & B paid on 26 August 2020. • L&B failed to submit VAT returns for the periods ending 09/20,12/20 and 03/21 respectively and HMRC raised automated assessments for £271, £298 and £342 • L&B paid the automated assessments. • On 19 July 2021 HMRC raised an officer’s assessment totalling £846,331 • L&B made two payments to HMRC of £60,630 on 19 and 20 July 2021. • On 21 July 2021 HMRC obtained a freezing order over one of L&B’s bank accounts • On 26 July 2021 HMRC obtained a further freezing order over 2 of L&B’s bank accounts • On 29 July 2021, L&B submitted the VAT returns for the periods ending 06/20,09/20, 12/20, 03/21 and 06/21. The VAT returns stated total tax due of £4,019,484, total VAT reclaimed of £3,569,451 and Net VAT to be paid to HMRC of £450,069 • On 06 November 2021, L &B submitted the VAT return for the period 03/21 which stated total VAT due £317,465, VAT reclaimed in the period £419,366.99 and a net claim due from HMRC of £101,902 • Following an investigation, HMRC rejected the majority of VAT reclaims and determined: - one set of invoices did not show a VAT number and HMRC were unable to trace a VAT account for that party - invoices for another party appeared to be invalid for the purposes of VAT because the VAT registration number had been hijacked from another VAT registered business. • On 22 July 2022 HMRC raised an officer’s assessment for £3,120,379 HMRC’s claim in the liquidation is £4,269,026

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