CompaniesInTheUK

MR THOMAS BELL

1 current appointment

Director disqualification 1

A record on the Insolvency Service's register of disqualified directors matches this person's name and date of birth. Companies House publishes no reliable person identifier, so confirm on the official register before relying on it.

Thomas Edward BELL

3 Years 6 Month(s)
Same month of birth Name matched
Disqualified from
2021-04-14
Date of birth on record
June 1985

Thomas Edward Bell failed to ensure that Valde Construction Ltd (‘VCL’) complied with its statutory obligations to file returns and to make payments when due to HM Revenue & Customs (‘HMRC’) for PAYE/NIC/CIS and VAT and as a consequence caused it to trade to the detriment of HMRC from at least 07 November 2016 when VAT for September 2016 fell due, to its cessation in August 2019. As a consequence HMRC is owed at least £364,451 at the liquidation date. In that: • VCL did not pay its VAT on time from at least the quarter to September 2014 which was not settled until August 2015; • The return for the quarter to December 2017 was the last submitted and HMRC raised assessments totalling £40,497 for the quarters March 2018 to VCL’s liquidation; o However a return prepared by the accountant shows VAT of £121,811 was due for this period; • The last payment made to VAT was on 17 October 2018, this was allocated to part pay the return for September 2016, leaving a balance of £3,644 outstanding; • This quarter should have been settled by 07 November 2016; • VAT totalling £125,455 was unpaid at the date of VCL’s liquidation; • HMRC’s claim includes interest due for PAYE/NIC/CIS for the tax year 2016/17 which was not paid on time; • For the tax year 2017/18 a total of £110,973 was due, payments and credits were £17,969, leaving a balance outstanding of £93,004; • No returns were submitted from April 2018 and HMRC raised assessments; • The accountant has confirmed that no CIS deductions were made from payments totalling £733,559 to sub-contractors; o At 20% this would result in CIS tax due to HMRC of £146,712 o Payments allocated to 2018/19 were £18,000 (no payments were made to the following year); o Giving an estimated additional amount due of £128,712. • A total of £221,716 was therefore outstanding for PAYE/NIC/CIS at the liquidation date; • Accounts show that HMRC was owed £82,174 as at 31 December 2016, by the liquidation date at least £364,451 was due to HMRC; • Trade creditors were owed £12,108 in December 2016 and £25,176 at the liquidation date; • Bank statements from 01 April 2018 show payments out of £1,588,138, of which £25,000 was paid to HMRC.

Details

Occupation
DIRECTOR
Nationality
BRITISH
Country of residence
UNITED KINGDOM
Date of birth
June 1985
Correspondence address
SWARLAND EAST HOUSE MORPETH, MORPETH, NORTHUMBERLAND, UNITED KINGDOM, NE65 9HZ

Appointments 1

Why these appointments?

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Records that may be the same person 5

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