Name: Mehmet Yaldiz

Name: URBAN EATS ONLINE LIMITED

Date of Birth: 18 / 3 / 1986

Date Order Starts: 12 / 1 / 2023

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 11741774

Last Known Address: 5 Foxhole Road,, , , , LONDON,, SE9 6QN

Conduct: From at least 01 January 2020 (being the date immediately following the last filed accounts) until 09 December 2021 (the date of liquidation) Mehmet Yaldiz (‘Mr Yaldiz’) failed to ensure Urban Eats Online Limited (‘Urban Eats’) maintained and/or preserved adequate accounting records or in the alternative, failed to deliver up all such accounting records as were maintained for Urban Eats to the Liquidator, such that it is not possible to: Establish the true extent of the business activities carried out by Urban Eats. Establish the true takings of Urban Eats and verify whether cash income was used for the legitimate expenses of the business. Verify the balance of the Director’s Loan Account. Verify whether £237,883.69 of unexplained expenditure represents the legitimate business expenses of Urban Eats. Establish Urban Eats true liability to HM Revenue & Customs. Verify the reason for insolvency and accuracy of the Statement of Affairs. 2. Between 22 April 2019 and 9 December 2021, Mr Yaldiz caused Urban Eats to trade to the detriment of HM Revenue & Customs (‘HMRC’) in respect of VAT, PAYE and NIC HMRC and as a result at the date of liquidation, HMRC had an estimated outstanding liability owing of £110,198.21. In that: PAYE and NIC Submissions were made for the year 06 April 2018 to 05 April 2019 showing a liability of £757.96 outstanding on 22 April 2019. No payments were made by Urban Eats towards this liability. At liquidation the balance outstanding for this period was £757.96. Submissions were made for the year 06 April 2019 to 05 April 2020 showing a liability of £12,833.78. Reliefs of £3,000.00 were applied together with payments of £7,500.00 by Urban Eats. At liquidation the balance outstanding for this period was £2,333.78. Submissions were made for the year 06 April 2020 to 05 April 2021 showing a liability of £66,577.66. Reliefs of £4,000.00 were applied by HMRC but no payments made. At liquidation the balance outstanding for this period was £62,577.66. Submissions were made for the year 06 April 2021 to 05 April 2022 showing a liability of £27,039.43. Reliefs of £4,000.00 were applied together with payments of £3,505.04 by Urban Eats. At liquidation the balance outstanding for this period was £19,534.39. Urban Eats, including interest and charges, incurred PAYE and NIC liabilities of £110,359.03 while credits of £11,000.00 and payments for £11,005.04 were applied leaving an outstanding liability of £88,353.99. VAT Urban Eats registered for VAT on 01 May 2020. The first VAT return for period 07/20 fell due on 08 August 2020. Between 08 August 2020 and 09 December 2021 no VAT returns were filed by Urban Eats. Due to non filing of returns HMRC raised assessments for VAT periods 04/21, 07/21, 10/21 and the final period up to liquidation totalling £4,623.83. No payments were made towards this liability by Urban Eats. Analysis of bank statements for account 60-07-37 49447416 between 01 May 2020 and 09 December 2021 shows that Urban Eats received identifiable income of at least £464,474.60. Taking into account the reduced rate of VAT for hospitality business between 05 July 2020 and 30 September 2021, it is calculated that VAT estimated at £21,844.22 was due to HMRC for the sales made over this period. Comparative Treatment A review of the bank statements for the period 22 April 2019 to 09 December 2021 shows that Urban Eats received £877,179.53 and paid out £877,371.67 (excluding any contra entries). Payments, during this period, to HMRC totalled £11,005.04 while payments to all other class of creditors and third parties totalled £866,366.63 which included £120,454.86 to Mr Yaldiz. 

This information is correct as at 4 / 1 / 2023

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