HOLLY WITTON

Disqualified from

2023-03-14

Date of birth on record

January 1983

Holly Louise Witton (“Miss Witton”) failed to ensure that Green Leaf Renewable Energy Limited (“the Company”) complied with its obligations to make timely returns and payments to HM Revenue and Customs (“HMRC”) and, as a result, she caused the Company to trade to the detriment of HMRC from at least 22 April 2017 until the date of liquidation on 06 April 2021 with £142,524.03 (inclusive of interest) estimated as due. In that: • A total liability was incurred for VAT, Income Tax/National Insurance Contributions and Corporation Tax resulting in a claim in the liquidation by HMRC of £142,524.03. • A total VAT liability of £56,189.44 is outstanding. £12,918.97 in assessments for the VAT quarters May 2019 to May 2021 and £43,270.47 in underdeclared VAT for the quarters from November 2017 to February 2019. • No VAT payments were made by the Company after 14 July 2017. • A PAYE/NIC liability of £42,779.88 is outstanding for the tax years 2016/17, 2017/18, 2018/19, 2019/20 and 2020/21. No PAYE/NIC payments were made by the Company in the period from April 2017. • A Corporation Tax liability of £43,554.71, was incurred for the accounting period ending 31 August 2018. • Financial statements for the years ending 31 August 2017 and 2018 show the Company had total liabilities of £20,804 (all owed to HMRC) and £84,191 (£83,583 of which was owed to HMRC) respectively. • Analysis of the Company bank statements show in the period from 01 September 2018 to liquidation, a total of £1,044,669.70 was paid into the account, and £1,052,784.90 paid out. In the same period a total of £105,690.63 was directly transferred to her whilst £13,244.86 was paid to HMRC and £14,939.44 received in VAT repayments. • At liquidation, the company had total liabilities of £192,674.04 of which £142,524.03. is owed to HMRC and £50,000 in respect of a Bounce Back Loan. The largest asset in the liquidation is her overdrawn Directors Loan Account of at least £214,427.