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A Harrogate horticulture business has entered into liquidation and is said to owe more than £60,000.
Grant Horticulture Limited was incorporated in March 2020 and entered into a creditors voluntary liquidation on September 7.
Insolvency practitioner Leonard Curtis of Leeds was appointed liquidator.
Companies House lists Dean Bolton-Grant, 51, as sole director of Grant Horticulture Ltd.
- Horsebox Window Centre Limited of Harrogate in liquidation
- Red Kite Recruitment Group of Harrogate in liquidation
- FK Building Ltd of Harrogate in liquidation owning over £3m
- Chico's Harrogate Ltd in liquidation owing over £30,000
A liquidator’s report known as a statement of affairs has outlined the financial situation.
It said the business had assets of £19,619.70 available for distribution to preferential creditors – those who are paid first.
Among the liabilities, there were preferential creditors owed £677.10.
This consisted of an employee owed £620.60 and a pension contribution of £56.50.
This left a surplus of £18,942.60 available for secondary preferential creditors – those who are paid next.
The secondary preferential creditor was HMRC owed £54,856.50 overall.
This consisted of £18,133.33 in PAYE/NI and a further £36,743.17 in VAT, leaving a deficit of £35,913.90.
The statement also reports a further £28,662.25 of unsecured creditor claims.
This was made up of trade and expense creditors owed £3,295.94; three employees owed £1,356.95; a connected company load of £8,720.20; a bank/financial institution owed £4,740.00; HMRC owed £10,506.91 in corporation tax and a further £42.38 owed in pension.
The statement added this gave a total estimated deficit of £64,576.18 outstanding.
With issued and called up capital of £1,000, this gave an overall deficit of £65,576.18.