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Natural Beauty Products, Bridgend

Volume 175: debated on Monday 2 July 1990

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To ask the Chancellor of the Exchequer, pursuant to his statement of 18 June, Official Report, columns 777–80, if he will indicate by weight and volume the loaded capacity of the vehicles which arrived at the Natural Beauty Products in Bridgend on 2 February, and the assessment the value added tax official then made of the weight, and value, actual and auction, volume, of the finished goods, raw materials, factory equipment and office equipment which he intended to remove from the factory.

[holding answer 28 June 1990]: Customs and Excise had no responsibility for any vehicle that arrived at Natural Beauty Products in Bridgend on 24 February.On 1 February, Customs instructed the bailiff to commence removal of the finished goods subject to distraint. Although a Ford Transit van and Ford Cargo 60 cwt. pantechnicon called to the premises, only the latter was used to remove the goods. On 2 February a Ford Cargo lorry and a furniture removal van arrived at the pemises but no goods were removed because of the prior appointment of an administrative receiver. On both these dates the provision of the transport was arranged by the bailiff.Customs and Excise made no assessment of the weight of the goods subject to the levy. The total volume was estimated to require four 60 cwt. pantechnicons to complete the removal of all items subject to distraint.The administrative receiver's estimate of the book value of the finished goods, raw materials, factory equipment and office equipment was £228,875. No deduction was made for possible tax liability and no account was taken of any other expenses or charges that may accrue on their disposal. The estimated auction value was £29,200.