Name: Michael Pelou

Name: DIZZY'S RESTAURANT & BAR LIMITED

Date of Birth: 20 / 11 / 1960

Date Order Starts: 12 / 12 / 2025

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 10803352

Last Known Address: 26 Rokewood Apartments, 92 High Street, , , BECKENHAM, BR3 1 DE

Conduct: During August 2020 Michael Pelou (“Mr Pelou”) made seven separate claims (six were successful) through the Eat Out To Help Out scheme (“EOTHO”) totalling £89,219 in the name of Dizzy’s Restaurant & Bar Limited (“Dizzy’s”) which were overstated and not supported by the required business records and totalled at least £80,409.90 more than the company was entitled. In that: • The EOTHO scheme was open to businesses who registered their establishment for the scheme and offered discounts of 50% on food and non-alcoholic drinks to diners on Mondays to Wednesdays between 3 and 31 August 2020 (13 days). The businesses could claim back the discount given on food and non-alcoholic drinks up to a maximum of £10.00 per diner. • Dizzy’s made six successful claims for the five periods in which EOTHO operated totalling £89,219.00. • Company bank records show the maximum value of eligible sales, and in turn the maximum amount that could be claimed, for the five periods totals £8,809.10 leading to a total overclaim of £80,409.90. • HMRC requested evidence to support these claims, which was not provided, and therefore requested repayment of the full amount claimed. • A penalty, equal to the amount claimed, for failure to notify of £89,219 was applied. • Further Late Payment Penalties were added to the account totalling £13,317.85. Mr Pelou failed to register Dizzy with HM Revenue & Customs (“HMRC”) for VAT by 24 July 2019 when Dizzy’s turnover had exceeded the requisite VAT threshold requiring registration. As a result, a total of £161,915.19 is due in unpaid VAT. In that: • A company is required to register for VAT with HMRC when its turnover exceeds a certain amount. In the tax year 2019/20 the threshold for compulsory registration for VAT was £85,000. • Company bank records show that Dizzy’s traded in excess of the VAT threshold from at least 24 July 2019. • A review of the bank account shows that all apparent vatable credits totalled £375,127.93 and in turn output tax is estimated at £75,025.59. • The bank account shows that all apparent vatable debits totalled £163.770.61 and in turn input tax is estimated at £27,295.10 meaning that at least £47,730.48 is owed to HMRC. • HMRC compulsorily registered Dizzy’s on 27 October 2021, after cessation of trade, and raised assessments totalling £145,013.78 (excluding interest and penalties). • Mr Pelou made payments as part of a Time to Pay Arrangement totalling £1,311.74 following cessation of trade. • A total of £161,915.19 has been claimed by HMRC in the liquidation which comprises of the Officers Assessment, subsequent assessments, penalties, and interest. 

This information is correct as at 24 / 11 / 2025

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