TRENTSIDE GEOTECHNICAL TESTING AND SITE INVESTIGATIONS LIMITED

Graham Malcolm Wing

November 1984

Disqualified from being a director because of their conduct for the period of

4 Years 0 Month(s)

Disqualification starts from

3 December 2024

Improper conduct which resulted in their disqualification

Graham Malcolm Wing (Mr Wing), caused Trentside Geotechnical Testing and Site Investigations Limited (Trentside) to trade to the detriment of HM Revenue & Customs and for his own benefit in respect of VAT from 07 February 2020 to 08 March 2023 in the sum of £229,367 (including surcharges), PAYE/NIC from 22 February 2020 to 08 March 2023 in the sum of £146,117, and Corporation Tax from 01 July 2020 to 08 March 2023 in the sum of £76,699 inclusive of penalties, in that, VAT • As at 07 February 2020, Trentside’s unpaid VAT liability, based on submitted returns, was £59,399, in respect of VAT due for the periods ending 09/19 and 12/19. • On 09 March 2020, the VAT due for the period ending 09/19 was paid in full, leaving £31,244 outstanding. • The VAT return for the period ending 03/20 was submitted and the tax due for the period was £17,946, increasing Trentside’s outstanding VAT liability to 49,190. • No further VAT returns were submitted, and assessments were raised for the VAT periods ending between 06/20 and 09/22. These assessments totalled £169,590. • Surcharges were raised for VAT periods ending between 12/20 and 09/22 totalling £10,587. • •At the date of the liquidation, Trentside owed HMRC £229,367 in respect of VAT, inclusive of surcharges. PAYE/NIC • Trentside submitted all PAYE returns up to the date of liquidation. • The sum of £5,630 was due for the month ending 05 February 2020. This was due for payment by 22 February 2020. • This payment was not made and Trentside made no further payments to HMRC in respect of PAYE/NIC. • According to Trentside’s returns, it owed £143,017 in PAYE/NIC for the period between 06 February 2020 and the liquidation. • At the date of liquidation, Trentside owed HMRC £146,117 in respect of PAYE/NIC excluding interest. (An amount of £2,530 was offset against the month ending 05 February 2020.) Corporation Tax (CT) • A CT return was submitted on 01 February 2021 for the year ended 30 September 2019. Tax due on the return totalled £30,839, which was due for payment by 01 July 2020 and a penalty of £200 was levied. • No further CT returns were submitted. • Penalties totalling £200 were levied for year ended 30 September 2020. On 04 January 2023 HMRC raised a determination of £37,050 and a penalty of £7,410 was levied. • Penalties totalling £1,000 were levied for the year ended 30 September 2021. • No payments were made in respect of Corporation Tax. • At the date of the liquidation, Trentside owed £76,699 to HMRC in respect of CT, inclusive of penalties. Comparative Treatment • Between 07 February 2020 and 08 March 2023 (the date at which Trentside entered liquidation) payments totalling £1,345,135 were made from Trentside’s bank accounts. • Of this sum, at least £630,143 was paid to trade creditors, £492,226 was paid to Mr Wing and £28,155 to HMRC. No payments were made to HMRC after 09 March 2020. • At the date of liquidation, HMRC, the petitioning creditor, was owed £480,618 out of total liabilities of £565,910. The remaining creditors were comprised of £37,721 owed to a bank, £32,566 in respect of employee claims and £15,005 in respect of trade creditors.