Case details for Tijjani SHEHU

Name: Tijjani SHEHU

Name: Shehu Med Limited

Date of Birth: 6 / 10 / 1960

Date Order Starts: 4 / 7 / 2019

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 07294027

Last Known Address: 97, Oaklands Avenue, , , Saltdean, BN2 8PD

Conduct: Tijjani Shehu ("Dr Shehu") caused Shehu Med Limited ("Shehu") to trade to the detriment of HM Revenue and Customs (“HMRC”) in respect of Corporation Tax from at least 1 April 2015 until cessation of trade in April/May 2017 in that:

  • On liquidation Shehu owed outstanding Corporation Tax totalling £113,870 relating to the financial years ended 30 June 2014, 30 June 2015 and 30 June 2016.
  • Shehu made payments of £14,239 to HMRC in respect of its Corporation Tax liabilities totalling £121,607 relating to the financial years ended 30 June 2014, 30 June 2015 and 30 June 2016 and which payments were made between 14 August 2016 and 14 June 2017.
  • As a result of Shehu's failure to make payments to HMRC on time or at all, on 14 February 2018 HMRC issued a winding up petition against Shehu, which led to a winding up order being made against Shehu on 11 April 2018.
  • On liquidation, Shehu had total liabilities of £118,570, of which £113,870 was claimed by HMRC.
  • During the period 1 July 2015 to liquidation, Shehu's HMRC's liabilities increased from £79,701 (as per Shehu's filed accounts to 30 June 2015) to £113,870 (as per HMRC's claim in the liquidation), whereas the balance on an overdrawn director's loan account operated by him increased from £64,934 (as per Shehu's filed accounts to 30 June 2015) to £101,295 (as per Shehu's filed accounts to 30 June 2016). In addition, he and a connected party received dividends of at least £150,000 from Shehu during the same period. From 11 December 2015 (the date of the first available bank statement for Shehu) until closure of its bank account on 4 January 2018, Shehu's bank statements show that it received receipts totalling £275,534 and expended £275,534. During the same period, payments of £14,239 were made by Shehu to HMRC in respect of its Corporation Tax liabilities. 

    This information is correct as at 13 / 6 / 2019



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