CompaniesInTheUK

MR Muhammed Waqaas BABAR

8 current appointments · 20 resigned

Director disqualification 1

A record on the Insolvency Service's register of disqualified directors matches this person's name and a company they were an officer of. Companies House publishes no reliable person identifier, so confirm on the official register before relying on it.

Muhammed Waqas Babar

9 Years 0 Month(s)
Same company (no. 09061223) Same month of birth Name matched
Disqualified from
2023-11-30
Date of birth on record
June 1990

1. Muhammed Waqaas Babar (“Mr Babar”) failed to ensure that the company maintained and/or preserved adequate accounting records or, in the alternative, he failed to deliver up such records to the Liquidator as required. Due to the lack of accounting records available from 01 February 2018 to 10 June 2018 it has not been possible to: Determine the extent of the company’s cash transactions or verify the level of the company’s expenditure from 21 April 2018 to 10 June 2018; Determine in the absence of any sales records and other relevant documentation, the level of sales of the company’s trading from 21 April 2018 to 10 June 2018; Determine the amounts properly due to HM Revenue and Customs (“HMRC”) in respect of Value Added Tax for 1 February 2018 to 10 June 2018; Determine the amounts properly due to HMRC in respect of Pay As You Earn tax and National Insurance Contribution from 21 April 2018 to 10 June 2018; Verify the true position with regard to their director’s loan accounts and the position of the loan account between the company and connected parties; Explain how the company’s deficiency arose and determine the accuracy of the Statement of Affairs; Determine when the company ceased trading and causes of the company’s failure 2. From at least 7 December 2014 to 7 March 2018, Mr Babar failed to ensure that the company declared all of its takings and as a result the company failed to account properly and accurately for its Value Added Tax and Corporation Tax liability, which resulted in an additional liability to HMRC of at least £1,321,268 in Value Added Tax and in addition to a further £995,931 in Corporation Tax. HMRC’s claim totalled £2,657,969

Details

Nationality
British
Country of residence
United Kingdom
Date of birth
June 1990
Correspondence address
9 Rollason Road, Birmingham, United Kingdom, B24 9BJ

Track record

25

companies, the first appointed in 2009. 8 are now dissolved, 15 still on the register.

19 of them are registered at the same address (B3 1RS) — commonly an accountant, a shared office or a family business.

Appointments 28

Why these appointments?

Companies House does not publish a reliable identifier for a person. We group appointments by name and date of birth, so this list may be incomplete — the same person can appear under a different spelling or with no date of birth recorded.