Roxy Media Winding-Up Petition Dismissed Following Tax Tribunal Appeal
Table of Contents
Primary Topic: Business/Legal – specifically, the financial situation and legal proceedings involving Roxy Media, a company directed by Holly Willoughby and dan Baldwin.
Primary Keyword: Roxy Media HMRC
Secondary Keywords: Holly Willoughby,Dan Baldwin,winding-up petition,tax debt,insolvency,tax tribunal,HMRC,Companies House,media production company,UK High Court,Insolvency and Companies Court (ICC).
Roxy Media, the media production and management company founded by television presenter Holly Willoughby and her husband, Dan Baldwin, has had a winding-up petition brought by His Majesty’s Revenue & Customs (HMRC) dismissed. The dismissal follows the company’s decision to pursue an appeal with a tax tribunal.
Background: The winding-Up Petition
In January 2024, HMRC issued a winding-up petition against Roxy Media due to unpaid taxes. A winding-up petition is a legal process that, if prosperous, can lead to a company being forced to liquidate its assets and cease trading. https://www.gov.uk/winding-up-company The initial amount owed to HMRC was reported as £377,000 as of April 2024, a reduction from an earlier, unspecified figure. https://www.theguardian.com/uk-news/2024/apr/17/holly-willoughby-firm-owes-377000-in-tax-court-hears
Shift to Tax Tribunal
During a July 2024 hearing, Roxy Media indicated its intention to challenge the tax assessment at a tax tribunal.Details of the challenge were not publicly disclosed at the time. https://www.independent.co.uk/news/uk/home-news/holly-willoughby-tax-tribunal-b2374999.html A tax tribunal is an independent judicial body that resolves disputes between taxpayers and HMRC. https://www.gov.uk/tax-tribunals
Petition Dismissal & Current Status
On November 13,2024,the case returned to the Insolvency and companies Court (ICC),a specialist court within the UK High Court. Charlotte Cooke, representing HMRC, requested the dismissal of the winding-up petition, stating that the debt is now being addressed through the ongoing tax tribunal appeal. Chief ICC Judge nicholas Briggs granted the request. https://www.bbc.co.uk/news/uk-67381999
Notably, no portrayal was made on behalf of Roxy Media during the hearing.
About Roxy Media
Roxy Media was established to manage media clients. Company records at Companies House show Holly Willoughby was appointed as a director in 2014, while Dan Baldwin has been a director as 2008. https://find-and-update.company-information.service.gov.uk/company/07787991 Holly Willoughby is widely known for her previous roles presenting ITV’s This Morning and Dancing on Ice.