If you look at the last few lines of the statement, It appears that a lot of money was paid for "inter-company " debts...or, some would say....shuffling cash from his right hand ,to his left. He also had the company reduce it's debt to him......
If you vote yourself a half million a year wages and the Company pays you first, tough cheddar on the other poor sods who missed out. In all fairness, thelosers, currently, appear to be HMRC...VAT, Employees' PAYE and NICS
Also, he took trade suppliers for 6,820
It would appear that "inter-company" (shuffling from one hand to the other)
Directors' wages and trading losses. total 288,000 or thereabouts.
June 210 to feb 2012, saw over 942,000 "shuffle" from onehand to the other.
The last update shows a "Hard" debt of 213K + to trade and HMRand "soft" debt (the 2-hands shuffle) of 75K +
To give the villain half-marks, it looks as if he made sure he paid staff etc. before taking a final fistful from the honeypot.
All the above comments are purely a layman's viewpoint of the facts presented. (as they say)
I think, Stanley, you'll find the house is repossessed and there's no way he'd be able to buy it back....of course, family or friends could front such a purchase and then he resume residence as a "tenant"
The best thing that could happen now, is on his release, he walks out of the gate, into the arms of waiting Plod, who then throw the next charge at him.....Misappropriation of VAT ?.....rinse and repeat , for NICS , Employees' tax and defrauding trade creditors.
If there's the will, I'm sure slimebag Seville could have his stay at HM holiday camp extended for a considerable period....but don't hold your breath,