Director disqualified
Page 6
If you've noticed an error in this article please click here to report it so we can fix it.
for 090,000 debt
A HAULAGE BOSS from Northern Ireland has been disqualified from being a company director for seven years after his firm went out of business owing more than £190,000 to creditors.
Stephen Rogan, 48, of Nutt's Corner, Crumlin, Co Antrim, was barred by the Department of Enterprise, Trade and Investment after it investigated the conduct of his firm SR Transport (NI), which went into liquidation in December 2010 with an estimated total deficiency to creditors of £193,722. The investigation revealed that Rogan had failed to pay more than £150,000 owed to HMRC. This consisted of £23,580 in PAYE contributions, £30,453 in national
insurance contributions and £96,778 relating to VAT for the years 2008/09, 2009/10 and 2010/11.
According to the department, these actions helped the firm trade while insolvent. In addition, SR Transport (NI)
owed HMRC a total of £17,293 in corporation tax for the years 2007/08 and 2008/09.
Rogan broke company law rules by taking out a loan from the firm — at least £105,000 of which remained unpaid at the date of liquidation.
He also allowed 33 cheques totalling £27,000 to bounce. The liquidator said Rogan had not fully co-operated with its
requests for information, and his company failed to file annual returns for the years 2006, 2007, 2008 and 2009 within the prescribed period. It failed to file an annual return for 2010 at all.
Rogan also submitted an inaccurate statement of affairs about SR Transport (NI).