TWO firms co-owned by Captain Tom’s son-in-law went bust owing a combined £3.7 million to the the taxman, dozens of small business and employees.
Colin Ingram-Moore is married to Captain Tom’s daughter Hannah, and they are both at the centre of the controversy surrounding her father’s foundation, which is currently being investigated by the Charities Commission over concerns the family were mismanaging its money.
Colin is still a trustee of the foundation and Hannah was interim CEO, with new accounts revealing she took an £85k pro-rata salary and her businesses profited £26k from charging rent and office expenses.
Now, The Sun can reveal that Colin, a management consultant and property developer, has liquidated two firms he co-owns, leaving tradesmen and the taxman severely out of pocket.
Berbank Ltd – which he co-owned with Craig Best, Alfie Buller and Bob Fidock – was liquidated in September 2009 and dissolved in November 2013. Buller is an ex-Olympian Equestrian appearing at the 1996 Olympic Games in Atlanta.
According to the liquidators final report, it owed £226,420 to HMRC, £874,075 to trade creditors and £1,427,446 in ‘related company loans’.
It also owed £302,960 to AIB Group (UK) Plc – a Northern Ireland Bank – and there was £13,665 employee expenses outstanding. Colin was personally owed £240,583 as a ’shareholder loan’.
A total of £2,985,210 was owed and none of the creditors got a penny from the liquidation.
Among the dozens of trade creditors were numerous small businesses, individuals, Central Bedfordshire Council, BT and Utility Warehouse.
His management consultancy firm BCKMS – which he co-owned with Bob Fidock – was liquidated in July 2011 and dissolved in April 2016.
It owed £208,267 to the HMRC, a further £8,584 in Corporation Tax, £66,408 to Customs & Excise and £422,229 to trade and expense creditors.
The total owed was £691,241 with creditors receiving just 12p in the £1, a total of £74,524.
Colin even bought back a company vehicle, a five-year-old Vauxhall Vivaro Van, for £2,250, which costs £33k brand new.
Colin has held directorships with at least 51 companies, according to Companies House records.
Captain Tom Foundation will be shut down when a probe by the Charity Commission is over, a court heard last week.
SPA CONTROVERSY
An investigation was launched amid claims the NHS hero’s daughter used his name to build a spa and pool complex in her garden.
Colin and Hannah were refused retrospective planning permission for a spa and pool at their home in Marston Moretaine, Bedfordshire, which they’d already built in the lockdown hero’s name calling it the Captain Tom Building.
Council officials want it torn down after numerous complaints, but the couple have appealed, however last week were told by council leaders: “The Council’s position is that the building is wholly different to the application.”
They are holding out for the verdict in the faint hope they can still enjoy 50ft by 20ft facility – which they insist they paid for themselves.
HERO TOM
Captain Sir Tom Moore raised £32,796,436 in donations for the NHS by walking 100 laps of his garden during Covid before he passed away in February 2021.
However after Captain Tom’s death, the couple were accused of mismanaging funds.
Speaking to TalkTV’s Piers Morgan Uncensored at her Bedfordshire home earlier this mont, the family also confessed to pocketing money from the NHS fund-raising veteran.
A tearful Hannah revealed they kept £800,000 from the three books her dad had written, adding that he had wanted them to keep the profits.
However The Sun revealed that Ingram Moore’s businesses have lost tens of thousands in the last financial year – despite her confessing to pocketing the book cash and taking thousands more in government Covid loans.
The Sun reached out to the Ingram-Moores for comment.
Robert Johnson is a UK-based business writer specializing in finance and entrepreneurship. With an eye for market trends and a keen interest in the corporate world, he offers readers valuable insights into business developments.
