The service said the company was told in March 2023 it had not paid sufficient VAT to HMRC, with a demand for full payment made.
No payments were made, and in June that year HMRC presented a winding-up petition, claiming an outstanding debt of £32,427,882.
The company was subsequently wound up in August 2023, and an investigation found Bresnihan had transferred funds from CJS Engagement 2 Ltd to a company bank account in Montenegro.
Kevin Read, chief investigator for the Insolvency Service, said Mr Bresnihan “has admitted his errors and now every effort will be made to recover the funds”.
“[He] seemingly ignored the debts his company owed while continuing to transfer money abroad,” he said.
“This seven-year disqualification will…

