News > General News

Multiple pub operator CT owes HMRC nearly £1m

By Gurjit Degun , 14-Dec-2012
Last updated the 14-Dec-2012 at 16:20 GMT

Related topics: General News

A pub operator has been disqualified from acting as a company director for four years, owing nearly £1m to HM Revenue & Customs.

Frederick Ward of CT (formerly Churchill Taverns) in Northamptonshire signed a Company Voluntary Arrangement (CVA) with its creditors, including HMRC in November 2008. It planned to make contributions totalling £172,000 over five years. 

However, an investigation by the Insolvency Service found that CT had paid less than £6,000 befor the CVA was terminated in November 2010. The CVA said that CT would be responsible for paying any taxation liabilities, but the company paid just £64,050 to HMRC before it went into administration on 8 October 2010, owing £988,893 to HMRC.

After administration, CT’s assets, including its five pubs were sold to Clementines Tavern, of which Ward was a director. Clementines entered into administration on 9 August 2012. 

The five pubs are still trading. They are: the Olde Victoria in Burton Latimer, Kettering; the Kings Head, in Spratton, Northampton; the Sun Inn, Kislingbury, Northampton; the Plume of Feathers, Weedon, Daventry; and Rafferty’s in Wellingborough, Northants. 

Mark Bruce, a chief examiner at the Insolvency Service, said: “Directors who fail to pay taxes to the Crown after they have taken the money from the public, whether from customers or employees, should not expect to get away with it. This is cheating the system by gaining an unfair advantage over their competitors at the public’s expense and we will put a stop to it.

“Other directors tempted to follow this path should remember that if they run a business in a way that is detrimental to either its customers or its creditors they will lose the protection afforded by limited liability. The Insolvency Service will investigate them and seek to remove them from the business environment.”

Find us on Facebook


Craft Cider Trends

Craft Cider Trends

As the craft-cider movement follows the craft-beer movement, we begin to see parallels in its development. Here,...

5 reasons to offer free Wi-Fi at your pub
Top Tips

5 reasons to offer free Wi-Fi at your pub

Free Wi-Fi has become widely available in all sorts of locations during the past few years. Customers...

Holiday entitlement - a pub employers guide

Holiday entitlement - a pub employers guide

Holiday rights are not as simple as the employer or employee may expect them to be. The...

The Big Interview: Stephen Gould, Everards Brewery

The Big Interview: Stephen Gould, Everards Brewery

Innovation is not just the domain of the craft brewer, as Roger Protz learnt when he spoke...

Follow us on