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End of the road for Glenda's car firm over €140k tax debt

A CAR sales company in which Glenda Gilson is a listed director has been wound up over unpaid taxes.

She has also been ordered to file a statement of affairs within 21 days to the court

The High Court was told Gilson Motor Co, Annaly Drive, Ongar Wood, Dublin 15, failed to satisfy a demand from the Revenue for more than €140,000 in VAT, PAYE and PRSI.

Ms Justice Mary Laffoy made an order winding up the company and also appointed Gary Lennon of Lennon Corporate Recovery as liquidator. Ms Gilson and her brother, Damien, are listed as directors of the firm. Ms Justice Laffoy said that she was satisfied to make the winding up order as it was clear that the company was insolvent and unable to pay its debts.

The winding up application by the Revenue was not contested by the Gilsons. The judge ordered that Mr Gilson, who is also listed as company secretary, and Ms Gilson, as a director, both file a statement of affairs to the court within 21 days.



Demand

Dermot Cahill, for Revenue, said a demand was made to the company by the Collector General for €141,937 for the unpaid taxes in October of last year.

That demand, counsel added, had not been satisfied and Revenue sought orders from the court to have the company wound up and Mr Lennon appointed as liquidator.

The matter will next be mentioned before a sitting of the Examiner's Court in May.

hnews@herald.ie