Sedgemoor Estates Ltd (03563371): administration
- Status
- Administration ended
- Administration began
- 2011-04-27
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1998-05-13
- Location
- Southend on Sea
- Industry
- 7011
From the administrators' statement
In 2011, HM Revenue & Customs conducted an enquiry into the Company's tax return for the period to 30 April 2005 The enquiry focused on the arrangements entered into by the Company in relation to its treatment of capital gains and subsequent tax habilities
Dunng February 2011, HM Revenue & Customs wrote to the Company and requested full repayment of their debt within 7 days The unpaid debt totalled £1,735,851 58
The directors advise that they made an offer to HM Revenue & Custom of £500,000 tn full and final settlement of the claim paid by way of an immediate payment of £200,000 followed by quarterly instalments of £50,000 over 18 months
Administrators' statement of proposals (2011-07-01) · Companies House register