Case details for ADELOLA DAIRO



Date of Birth: 29 / 12 / 1985

Date Order Starts: 18 / 3 / 2019

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 04984355

Last Known Address: 280 CHADWELL HEATH LANE, , , , ROMFORD, RM6 4YL

Conduct: From October 2012 at the latest to 18 September 2017 (the date of liquidation), Ms Adelola Dairo (hereafter referred to as Ms Dairo), failed to ensure that Pathway Housing Specialist Services Ltd (hereafter referred to as Pathway), complied with its statutory obligations to remit payments in full, as and when they fell due to HM Revenue & Customs (hereafter referred to as HMRC) for Corporation Tax (“CT”) and Value Added Tax (“VAT”) and caused Pathway to trade to the detriment of HMRC whilst using company income for her personal use. In that: Corporation Tax

  • The CT due for year ending 31 December 2011 was £4,583 after payments allocated to it of £2,924 and this was due for payment by 01 October 2012.
  • For year ending 31 December 2012 the CT due was £2,477 after payments allocated to it of £301. This was due to for payment by 01 October 2013.
  • For year ending 31 December 2013 the CT due was £2,582 and no payments were made toward this and payment in full should have been made by 01 October 2014
  • For year ending 31 December 2014 the CT due was £2,706 after payments allocated to it of £301 and was due to be paid by 01 October 2015
  • For year ending 31 December 2015 the CT due was £3,291 and no payments were made toward this and payment was due by 01 October 2016.
  • The total CT due is therefore £15,639. VAT
  • Pathway submitted VAT returns to HMRC in respect of VAT quarters 10/09 to 10/12 disclosing a total liability to HMRC of £822 not including interest, penalties and surcharges.
  • In February 2013 HMRC re-evaluated these returns and submitted an officer’s assessment for a further £23,458 plus interest of £1,153. HMRC have not stated why and she could not recall why this re-evaluation was carried out.
  • The earliest unpaid VAT liability relates to the return for the quarter ended 30 April 2010, which fell due for payment on 07 June 2010.
  • HMRC continued to issue assessments for VAT and when each actual return was received the assessments were withdrawn and the correct amount applied.
  • Between 31 October 2009 and 31 January 2016 HMRC only records £5,030 of payments being made by Pathway.
  • HMRC’s total claim in respect of VAT is £51,201 which includes interest, penalties and surcharges of £7,527. Comparative Treatment
  • The latest set of accounts prepared for Pathway was for the period ended 31 December 2015. This recorded a dividend payment to her of £25,000.
  • Correspondence received from the accountant after her last interview show that £30,000 was calculated in dividends for her in 2012 and £34,660 in 2013.
  • Bank statements delivered up for the company record income from 01 January 2014 to 31 December 2015 totalling £81,946.
  • Analysis of the bank statements records personal payments in favour of her totalling £74,967 during the same period.
  • The bank statements record 4 payments to HMRC totalling £3,200 and £3,701 in actual business expenses.
  • At the date of the winding up order Pathway had debts of £78,277 of which £68,729 was owed to HMRC. 

    This information is correct as at 25 / 2 / 2019

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