12 years’ disqualification for director who submitted false VAT claims
Gordon Stuart Douglas McLure, who was a director of Home Net (UK) Limited, West Homes (UK) Limited and UCO Fuel Limited, has agreed to a voluntary disqualification undertaking of 12 years for knowingly submitting false VAT returns to HMRC in order to claim repayments totaling £882,068.
The disqualification, from 13 October 2015, prevents Mr McLure from directly or indirectly becoming involved in the promotion, formation or management of a company for the duration of the term.
Mr McLure (44) while a director of Home Net (UK) Limited, West Homes (UK) Limited and UCO Fuel Limited, submitted false VAT returns to HMRC to claim repayments of VAT from HMRC to which these companies were not entitled, as follows:
- Home Net (UK) Limited- seven returns covering the VAT quarters ended 30 November 2008 to 31 May 2010 inclusive, falsely claiming repayments totalling £508,821
- West Homes (UK) Limited- eight returns covering the VAT quarters ended 31 May 2008 to 28 February 2010 inclusive, falsely claiming repayments totalling £221,022
- UCO Fuel Limited- seven returns covering the VAT quarters ended 31 December 2008 to 30 April 2010 inclusive, falsely claiming repayments totalling £169,682
Each of these companies entered liquidation, with HMRC being the largest creditor in each case, for unpaid VAT.
Commenting on the disqualification, Sue MacLeod, Chief Investigator at The Insolvency Service, said:
Company Directors should note from this enforcement result that any failure to properly account to HMRC is likely to lead to serious censure. In this particular case, Mr. McLure knowingly submitted false returns in order to claim monies from HMRC to which he was not entitled, meaning that both HMRC and taxpayers lost out.
Notes to editors
Mr. McLure’s date of birth is 11 December 1970 and he resides in Northamptonshire.
Home Net (UK) Ltd (CRO No. 03629405) was incorporated on 10 September 1998 and traded from 23 Sandhill Road, Northampton NN5 5LH in property development.
Mr. McLure was a director from 06 November 1998 to 29 March 2012. The Company went into Creditors Voluntary Liquidation on 29 March 2012 with an estimated deficiency of £716,072.
West Homes (UK) Ltd (CRO No. 05046102) was incorporated on 17 February 2004 and traded from 23 Sandhill Road, Northampton NN5 5LH in property development.
Mr. McLure was a director from 10 July 2004 to 29 March 2012. The Company went into Creditors Voluntary Liquidation on 29 March 2012 with an estimated deficiency of £308,965.
UCO Fuel Ltd (CRO No. 06588901) was incorporated on 09 May 2008 and traded from 23 Sandhill Road, Northampton NN5 5LH as manufacturers of refined petroleum products.
Mr. McLure was a director from 09 May 2008 to 29 March 2012. The Company went into Creditors Voluntary Liquidation on 29 March 2012 with an estimated deficiency of £716,072.
On 22 September 2015, the Secretary of State accepted a Disqualification Undertaking from Gordon Stuart McLure, effective from 13 October 2015, for a period of 12 years. The matters of unfitness, which Mr. McLure did not dispute in the Disqualification Undertaking, were that:
I knowingly submitted false VAT returns in respect of Home Net (UK) Limited, West Homes (UK) Limited and UCO Fuel Limited.
A disqualification order has the effect that without specific permission of a court, a person with a disqualification cannot:
- act as a director of a company
- take part, directly or indirectly, in the promotion, formation or management of a company or limited liability partnership
- be a receiver of a company’s property
In addition that person cannot act as an insolvency practitioner and there are many other restrictions are placed on disqualified directors by other regulations.
Disqualification undertakings are the administrative equivalent of a disqualification order but do not involve court proceedings. Further information on director disqualifications and restrictions is available.
The Insolvency Service administers the insolvency regime, investigating all compulsory liquidations and individual insolvencies (bankruptcies) through the Official Receiver to establish why they became insolvent. It may also use powers under the Companies Act 1985 to conduct confidential fact-finding investigations into the activities of live limited companies in the UK. In addition, the agency authorises and regulates the insolvency profession, deals with disqualification of directors in corporate failures, assesses and pays statutory entitlement to redundancy payments when an employer cannot or will not pay employees, provides banking and investment services for bankruptcy and liquidation estate funds and advises ministers and other government departments on insolvency law and practice.
Further information about the work of the Insolvency Service, and how to complain about financial misconduct, is available.
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Published: 23 October 2015
From: The Insolvency Service