Gary Davies, director of Surrey-based Longcross Transport Ltd, disqualified for eight years after failing to maintain adequate company records. Longcross went into Liquidation on 27 January 2015 owing at least £200,864.
In a a statement, the Insolvency Service said an investigation found that Davies had failed in his duty as a director to either maintain, preserve or alternatively deliver-up adequate accounting records.
It concluded that Davies purposefully withheld VAT from HM Revenue & Customs in order to keep the company trading between September 2012 and the date of Liquidation.
The Secretary of State for Business, Energy and Industrial Strategy accepted an eight year Disqualification Undertaking from Davies, which bars him from acting as a company director or from managing, or in any way controlling, a limited company from 10 April 2017 until 2025.
