Gareth Donald Onions, the director of Deltaworld Limited in Solihull, has been disqualified for five years for failing to ensure the company paid its taxes, following an investigation by The Insolvency Services Company Investigations Team in Manchester.
Mr Onions, 59, of Tanworth in Arden, Warwickshire has given an undertaking to The Secretary of State for Business, Innovation and Skills not to promote, manage or be the director of a limited company until 2018.
Mr Onions is already disqualified as a director until 2014 for failure to ensure a former company Tigerpark Limited paid its taxes to HMRC when he was a director. The two undertakings will run concurrently.
The investigation showed that Mr Onions had failed to ensure that Deltaworld Ltd, which traded in the provision of field staff for merchandising, paid employees contributions to HM Revenue & Customs (HMRC) between 19 December 2008 and the date of Mr Onions resignation on 15 October 2010.
The companys records showed the amount due to HMRC for Pay As You Earn and National Insurance Contributions was 648,137 at the date of administration of which 571,588 related to the period of Mr Onions directorship.
During this period, only one payment of 3,300 was made by the company to HMRC of the amount due, whereas Mr Onions received payments totalling over 240,000 from the company.
Claire Entwistle, Director of Company Investigations North, says: -
The Insolvency Service will rigorously pursue traders who seek an unfair advantage over their competitors by not paying their Pay As You Earn and National Insurance Contributions to the Government when they have actually deducted it from employees should not expect to get away with it.
If you run a limited company , you have statutory protections as well as obligations. If you fail to comply with your obligations, The Insolvency Service will investigate you and you could lose the protection of limited liability.