Yep, and HMRC also have the power to go after the Directors personally in certain circumstances, which can include phoenix companies and lost tax.However, pretty sure the tax man might be upset that he never filed any of his accounts since 31st October 2013...
A friend has done some digging and the judgement is a bit misleading... It was a default judgement as the defendant didn't respond, but it hasn't been served on Tim as the claim was returned marked "gone away". I think that means it's not enforceable (yet).