| Please provide below as a percentage of where your business will be derived from | |
| Introducers | 74 |
| Client Retention | 24 |
| Client Referrals | 2 |
| Purchase of Leads | 0 |
| Other | 0 |
| If other, please provide details of source | |
| Introducers – if you have provided a percentage above for introducers, please provide the following: | |
| Name of Firm/individual | Webbs Estate Agents Limited |
| Will they be referring protection business | Yes |
| Will they be advertising your services | Yes |
| Please provide details of ALL companies where you have been a director, company secretary or shareholder.
If the company has dissolved, please provide full details including the reason for dissolution and if there was any debt as a result of this. If N/A, please state. | Webbs Estate Agents Limited - Trading
WLL 2020 Limited - Trading
C Residential Limited, subsidiary of Webbs Estate Agents Limited
Flint Property Limited, subsidiary of Webbs Estate Agents Limited
Anchor Estates (BW) Limited subsidiary of Webbs Estate Agents Limited
Webbs Lets Limited - Dormant Company
Fossehouse Limited - Solvently dissolved
Webbs Estate Agents 2 Limited - Dormant Company
Webbs Estate Agents (BLoxwich) Limited - Non trading company dissolved
Briars Barn Day Services Limited - non trading company dissolved
Property Xposure Limited - non trading company dissolved.
Briars Barn Limited – Liquidation Summary
Briars Barn Limited entered into liquidation following a High Court ruling regarding the charging of VAT on a previously exempt service. The ruling required providers of Day Services to retrospectively charge VAT from the point at which their revenue exceeded the VAT registration threshold. This meant VAT had to be applied to all historical sales and subsequently paid to HMRC via VAT Returns.
In response, we engaged with key customers—including Warwickshire County Council, Staffordshire County Council, and Leicestershire County Council—to explain that we would need to issue retrospective invoices, collect the VAT, and remit it to HMRC. While Staffordshire and Leicestershire were open to discussions, Warwickshire County Council flatly refused to pay the retrospective VAT, despite being able to reclaim it through their own VAT return.
Due to the scale of Warwickshire’s contract and their refusal to cooperate, the business was left with no viable path to meet the VAT liability. As a result, the only remaining option was to liquidate the company, thereby extinguishing the VAT debt upon dissolution.
It is important to note that I had resigned as a director six months prior to these events. |
| Please provide details of any other business interests (if N/A, please state) | n/a |
| Please indicate how much income you expect to generate over the first 12 months (after becoming an Appointed Representative), that is derived from non-regulated, non-financial services activities. | 200000 |