A six-year ban on serving as a director has been imposed on the owner of a scaffolding company after he failed to pay £209,000 in taxes. The ban was given to Vincent Christopher Larkin by Insolvency & Companies Court Judge Jones on October 18 in the High Court.
Larkin served as the director of V Larkin Ltd., which conducted business as Olympic Scaffolding. The scaffolding company filed for bankruptcy in May 2019, and the Insolvency Service opened an investigation resulting from V Larkin Ltd.’s bankruptcy. When V Larkin Ltd failed to pay £209,000 in the company and employee-related tax from the tax year ending 2016/2017, investigators discovered that Vincent Larkin had caused the scaffolder to operate to the detriment of the tax authorities.
Further investigation revealed that Vincent Larkin ordered the scaffolder to receive payments totalling around £489,000 between April 2017 and when the company was about to enter liquidation in May 2019. However, no fees were found to have been made to the tax authorities.
Vincent Larkin was disqualified and forced to pay £7,355.80 in costs because he failed to appear in court.
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