Name: SULTAN AHMED TIPU

Name: Reba Khanom Limited

Date of Birth: 1 / 3 / 1990

Date Order Starts: 29 / 5 / 2026

Disqualification Length: 8 Years 0 Month(s)

CRO Number: 11403310

Last Known Address: 44a-44b Lordship Lane, , , , LONDON, SE22 8HJ

Conduct: Mr Sultan Ahmed Tipu (‘Mr Tipu’) breached his duties as a director of Reba Khanom Limited, t/as Memsaab Indian Cuisine, (‘RKL’) by failing to ensure that RKL complied with its legislative duties, in that: • RKL did not comply with its statutory obligations under The Immigration, Asylum and Nationality Act 2006, resulting in the employment of 2 individuals who did not have the right to work in the UK or the right to work for the tasks they were performing. • Home Office Immigration Enforcement (“HOIE”) after investigating RKL issued a Notification of Liability for a Civil Penalty of £90,000 in respect of the employment of the illegal workers, payment of which was due on or before 01 July 2024; • RKL has not paid the penalty due to HOIE and has therefore not complied with its requirements under the 2006 Act. At Liquidation on 19 February 2025, RKL had liabilities of £225,168, of which £90,000 relates to the outstanding civil penalty. • Mr Tipu was the sole appointed director of the company at the time of the breach of the Immigration, Asylum and Nationality legislation. On 08 May 2020 Mr Tipu caused RKL to obtain a Government-backed Bounce Back Loan (‘BBL’) of £50,000, which was paid into its bank account on 12 May 2020. The loan was not used in its entirety for the economic benefit of the business, contrary to the terms of the BBL scheme. In that: • A BBL was only intended to be used for the economic benefit of the applicant’s business; • Immediately before the BBL was received the balance on the bank account was £301 in credit • The BBL was paid into the Company’s bank account on 12 May 2020; • Between 12 and 28 May 2020 the following payments were made: o £20,000 to Mr Tipu o £3,670 in cash withdrawals o £22,350 to unknown third parties • Taking into account the balance on the bank account prior to the BBL being received and income of £6,236 which was received in this period, £39,483 of the above payments were funded by the BBL monies. • Mr Tipu has not provided any evidence that the above payments were for the economic benefit of RKL’s business. • The bank has submitted a claim in the liquidation for £46,227 in respect of the outstanding BBL. Mr Tipu failed to ensure that RKL maintained and/or preserved adequate accounting records, or in the alternative, he failed to ensure that such records as were maintained and/or preserved, were delivered to the liquidator. As a result, it has not been possible to explain RKL’s trading and finances after the date of the last professionally prepared accounts, to 30 June 2021, and in particular after the last entry in its trading bank account in March 2023. In the absence of full records it is not possible to: • Establish if banked income between 01 July 2021 and 28 March 2023 was all the income received by the Company; • Ascertain what income was received after 28 March 2023; • Verify that all cash receipts have been fully documented and their use recorded; • Ascertain the reason for payments made by RKL from its bank account up to 28 March 2023 and verify that this was all legitimate company expenditure (or was accounted for in a director’s loan account); • Establish what payments were made by RKL after March 2023; • Ascertain whether any monies were due to or from HMRC in relation to any taxes; • Establish the full and true amounts due to or from the director or any other connected parties in relation to loans and particularly director loan accounts; • Verify that all assets have been disclosed and delivered up, and/or that any disposals prior to the liquidation were for full and fair value and the Company received the benefit of these; • Verify that all creditors have been disclosed and that the amount declared as due to each of them is accurate; • Ascertain the reasons for the Company’s failure 

This information is correct as at 11 / 5 / 2026

If you believe this page contains any errors, please email legalservices@insolvency.gov.uk with details of the error that you have found.