Case details for Mohammed FATEH

Name: Mohammed FATEH

Name: MARALESSE LIMITED

Date of Birth: 11 / 12 / 1940

Date Order Starts: 11 / 1 / 2019

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 07222513

Last Known Address: 8 Burges Close,, HORNCHURCH,, , , ESSEX, RM11 3PP

Conduct: Dr Mohammed Fateh (“Dr Fateh”) failed to ensure that Maralesse Limited complied with its statutory obligations to settle all its HMRC liabilities as and when due and caused Maralesse Limited to trade to the detriment of HMRC in respect of VAT from 7 March 2015 to 24 March 2017. In addition amounts remain outstanding in respect of PAYE and Corporation Tax. In that:

  • The VAT return for period ending January 2015 was submitted for £30,073.33 of which £17,559.83 remained outstanding at liquidation. Such sum should have been settled in full by 7 March 2015 some 24 months before the date of liquidation.
  • VAT returns for periods ending April 2015 to July 2016 were submitted to HMRC totalling £112,002.32. Assessments were raised for periods ending October 2016 to March 2017 totalling £35,236.00.
  • At liquidation a total of £151,811.65 plus surcharges of £12,619.10 was owed to HMRC in respect of VAT.
  • At liquidation liabilities of £35,334.89 were incurred in respect of PAYE/NIC for the period of 22 July 2016 to liquidation and £4,700 in respect of Corporation Tax for the year end 30 April 2015.
  • According to the statement of affairs, Maralesse failed with an estimated deficiency of £187,273.00 of which £130,000.00 was owed to HMRC.
  • The creditors shown in the balance sheet as at 30 April 2015 have been compared with those in the statement of affairs. There were no trade and expense creditors as at 30 April 2015 and none at liquidation. The liability to HMRC increased from £63,431 to £130,000.
  • The company bank statements show that between 7 March 2015 and 24 March 2017 sums totalling £781,265.13 were paid into and £784,045.62 were paid out of the bank account. Of the £784,045.62 paid out, £19,620.00 was listed as being paid to HMRC and £200,942.45 was listed as being paid to trade and expense creditors. 

    This information is correct as at 2 / 1 / 2019


    Name: Mohammed Ali FATEH

    Name: MARALESSE LIMITED

    Date of Birth: 26 / 1 / 1969

    Date Order Starts: 11 / 1 / 2019

    Disqualification Length: 4 Years 0 Month(s)

    CRO Number: 07222513

    Last Known Address: Flat, 2 First Avenue,, DAGENHAM,, , , ESSEX, RM10 9AT

    Conduct: Mohammed Ali Fateh (“Mr Fateh”) failed to ensure that Maralesse Limited complied with its statutory obligations to settle all its HMRC liabilities as and when due and caused Maralesse Limited to trade to the detriment of HMRC and to his own benefit in respect of VAT from 7 March 2015 to 7 April 2016 the date of his resignation. In that:

  • The returns for the VAT period ending January 2015 was submitted 7 months late and the return accrued liability of £33,073.33 should have been settled in full by 7 March 2015 at the latest. A total of £17,559.83 remained outstanding.
  • Maralesse also failed to settle in full all its return accrued liabilities totalling £82,937.72 incurred in the next 11 monthly VAT periods to period ending February 2016 leaving £69,950.82 outstanding.
  • Maralesse’s VAT liability was therefore outstanding from at least 7 March 2015.
  • The company bank statements show that between 7 March 2015 and 7 April 2016 sums totalling £495,378.17 were paid into and £492,945.45 were paid out the bank account. Of the £492,945.45 paid out, £17,050.00 was listed as being paid to HMRC, £116,706.97 was listed as being paid to trade and expense creditors and £193,293.07 was listed as being paid to him. 

    This information is correct as at 2 / 1 / 2019



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