Disqualified Director Details 17/01/2014 14:30
Case details for STEPHEN HENRY EDMUNDS
Name: STEPHEN HENRY EDMUNDS
Name: Strongbox Marine Furniture Ltd
Date of Birth: 15/09/1952
Date Order Starts: 07/01/2014
Disqualification Length: 4 Years 0 Month(s)
CRO Number: 06453357
Last Known Address: 166, Butely Road, , , Luton, LU4 9EY
Conduct: During the period 1 December 2009 to 14 February 2012, the date of the company
entered into administration, Stephen Edmunds (“Mr Edmunds”) caused or allowed Strongbox
Marine Furniture Limited (“Strongbox”) to trade to the detriment of HM Revenue and Customs
(“HMRC”) in respect of Value Added Tax (“VAT”). In particular: (a) Strongbox failed to submit
VAT returns for the quarters 10/09 to administration and as a result HMRC raised assessments.
According to HMRC’s records, the total amount for these periods, including surcharges and
interest was ?330,738.18. (b) Included in the total assessments raised by HMRC is an Officer’s
Assessment raised on 1 June 2011 for ?169,824.79, including interest, in respect of under
declared tax for the quarters 04/08, 10/08, 10/09, 01/10, 04/10, 07/10, and 10/10. © Strongbox
made payments between 1 December 2009 and 14 February 2012 totalling ?62,592.33 to
HMRC in respect of outstanding VAT. (d) In the same period, ?3,732,799.77 was paid into
Strongbox’s bank account, of which ?1,503,731.59 was paid out in trade and expense;
?833,993.46 was paid out in wages; ?1,283.789.63 of unknown payments; ?9102,841.68 was
paid to HMRC in respect of PAYE; and ?62,592.33 was paid to HMRC in respect of VAT. (e)
Strongbox’s Statement of Affairs shows total unsecured creditors of ?651,325.00 in the
administration, of which HMRC is scheduled as a creditor for ?458,000.00. HMRC has notified
the Insolvency Service of its claim of ?438,241.10 in the administration, of which ?257,730.79 is
in respect of unpaid VAT. During the period 5 April 2010 to 14 February 2012, the date the
company was placed into administration, he caused or allowed Strongbox to trade to the
detriment of HMRC in respect of PAYE/NIC. In particular: (f) Strongbox’s accountant completed
a P35 for the 2009/10 tax year, which showed ?147,087.81 due to HMRC in respect of
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Disqualified Director Details 17/01/2014 14:30
PAYE/NIC liability and made payments totalling ?14,890.04 to HMRC in respect of the 2009/10
liability. Strongbox failed to submit a P35 for the 2009/10 tax year and HMRC estimated
?50,587.92 outstanding for the 2009/10 tax year. (g) Strongbox’s accountant completed a P35
for the 2010/11 tax year, which showed ?162,536.35 due to HMRC in respect of PAYE/NIC
liability and made payments totalling ?66,958.34 to HMRC in respect of the 2009/10 liability.
Strongbox failed to submit a P35 for the 2010/11 tax year and HMRC estimated ?13,391.66
outstanding for the 2010/2011 tax year. (h) Strongbox failed to submit a P35 return for the
2011/12 tax year and made payments totalling ?17,083.34 to HMRC in respect of the
PAYE/NIC liability. HMRC estimated ?39,477.92 outstanding in respect of the PAYE/NIC for the
2011/12 tax year. (i) Strongbox made payments between 5 April 2010 to 14 February 2012
totalling ?92,041.68 in respect of outstanding PAYE. (j) In the same period, ?3,219,975.75 was
paid into Strongbox’s bank account, of which ?1,321,054.52 was paid out in trade and expense;
?709,600.72 was paid out in wages; ?1,106,770.55 of unknown payments; ?92,041.68 was paid
to HMRC in respect of PAYE/NIC; and ?55,688.73 was paid to HMRC in respect of VAT. (k)
Strongbox’s Statement of Affairs shows total unsecured creditors of ?651,325.00 in the
administration, of which HMRC is scheduled as a creditor for ?458,000.00. HMRC has notified
the Insolvency Service of its claim of ?438,241.10 in the administration, of which ?174,197.55 is
in respect of unpaid PAYE. According to P35s prepared but not submitted for the periods
2009/2010 and 2010/2011 along with the assessment raised for 2011/2012 less payments
made, the PAYE liability was ?267,253.70.
This information is correct as at 07/01/2014
If you believe this page contains an error please email
defendant.liaison.team@insolvency.gsi.gov.uk with the error you have found.
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