CompaniesInTheUK

MR Sundip BASSI

10 current appointments · 5 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.

SUNDIP BASSI

5 Years 0 Month(s)
Same company (no. 07845622) Same month of birth Name matched
Disqualified from
2020-06-26
Date of birth on record
August 1981

On 5 and 6 October 2017 Sundip Bassi (“Sundip Bassi”) caused or allowed TLD Marketing & Business Development Limited (“TLD”) to pay in full a creditor which was personally guaranteed by him, at a time when TLD was insolvent and unable to pay liabilities outstanding to its main creditor H M Revenue & Customs (“HMRC”), to the detriment of HMRC, in that: - • On 5 May 2017 HMRC wrote to TLD following the conclusion of a VAT inspection to advise that they had found errors as declared on the VAT returns. TLD had been advised of discrepancies also on 15 March 2017 in respect of the treatment of certain invoices; • An assessment was therefore raised in the sum of £400,682 for the quarters 08/13 to 11/16; This was reduced to £366,218 on 2 February 2018 following a successful appeal about some of the surcharges made by the co-director • A full appeal against the assessment has not been made by TLD and civil penalties were also raised by HMRC in the sum of £76,898; No payments were ever made against these sums. • TLD took a £200,000 loan from Funding Circle on 23 February 2017 that was repayable monthly and was personally guaranteed by the directors; • On 5 October 2017 and 6 October 2017 a total amount of £200,000 was received from Playtech Limited, a company connected by common directors for the stock of TLD; • On 5 and 6 October 2017 a total sum of £184,358 was paid to Funding Circle as a full repayment of the loan outstanding; • HMRC are owed £627,276 in liquidation out of total liabilities of £708,690.

Details

Occupation
Business
Nationality
British
Country of residence
United Kingdom
Date of birth
August 1981
Correspondence address
B-3 No 25, Falcon Business Park Ivanhoe Road, Finchempstead, Berksshire, United Kingdom, RG40 4QQ

Track record

15

companies, the first appointed in 2007. 5 are now dissolved, 10 still on the register.

4 of them are registered at the same address (GU24 9DE) — commonly an accountant, a shared office or a family business.

Appointments 15

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.