Follow the money

N&P Windows Ltd (Wirral) accounts show an annual income of approx £1.15m. My calculations indicate their income to be £1.8m

V376 EET; P212 OSF; S949 YAK; ELZ 8192; W248 HEJ; R601 CRP; Y 977 AOF; X94 BCH; X246 EBA; X217 APY

The top image refers to N&P Windows (Ltd) (Wirral) submitted accounts 2005 – 2013

The list of ten car registrations are some of the commercial vehicles operated by N&P Windows during the years 2003 – 2009

The upper red box shows N&P’s declared turnover 2005 – 2007 range £1,043,453 to £1,185,113

If I assume 5 of the 10 vehicles are invoicing 5 out of 7 days with and average invoice of £1500.00 for 48 weeks I get an income figure of £1,800.000.00

At this time the factory was operating 7 days a week for 50 weeks a year with six or more vehicles parked in Rugby Road on a daily basis.

Based on these (conservative) figures there seems to be a regular under declaration of 30% or approximately £1.8m for these three years.