Name: Mehmet tasin

Name: MELEREN LIMITED

Date of Birth: 1 / 1 / 1980

Date Order Starts: 10 / 3 / 2025

Disqualification Length: 11 Years 0 Month(s)

CRO Number: 12241482

Last Known Address: 9a Wales Court,, , , , DOWNHAM MARKET,, PE38 9JZ

Conduct: On 30 October 2020 Mr Mehmet Tasin (‘Mr Tasin’) caused Meleren Limited (‘Meleren’ or ‘the Company’) to breach the terms and conditions of the Government-backed bounce back loan (‘BBL’) scheme by overestimating its turnover on the BBL application, resulting in Meleren receiving more funds that it was entitled to from the BBL scheme. Furthermore, funds totalling £46,800 from the BBL were not used for the economic benefit of Meleren, in that: • Meleren was incorporated on 3 October 2019 and Mr Tasin was its sole director throughout its entire period of trading. • The terms of the BBL scheme were such that an applicant company could obtain a loan of up to 25% of, if not carrying on business before 1 January 2019, estimated annual turnover to a maximum value of £50,000. Any BBL provided was to be used wholly for the benefit of the applicant company and not for any personal use. Applicants were required to have been trading on or before 1 March 2020 and to declare to their lender that an adverse impact had been caused to business by the Covid pandemic. • On 30 October 2020 Mr Tasin applied to Meleren’s bank for a BBL. He declared Meleren’s estimated annual turnover to be £218,000 and the value of BBL applied for was £50,000. • Meleren held no company bank account with its BBL lender (or any other bank) until 1 October 2020. Mr Tasin stated that he initially used a personal bank account for business purposes. • The BBL funds of £50,000 were received into Meleren’s bank account on 30 October 2020, when the pre-existing credit balance had been £150. • In the period from commencement of trade in October 2019 to the date of the BBL application on 30 October 2020, Mr Tasin’s personal bank account shows income totalling a maximum of £17,452. From the date of the receipt of the BBL funds to the date of liquidation there were credits into Merelen’s bank account totalling £7,784. Based on the available information in relation to turnover, Meleren would have been entitled to a BBL in the amount of £4,363, and therefore received £45,647 more than it was entitled to. • In the period between receipt of the BBL monies and 06 January 2021, in which time other credits came to a total of £1,954, Mr Tasin caused Meleren to make 7 payments to his personal bank account of a total of £36,500 and to make 44 cash (ATM) withdrawals of a total of £10,300 between receipt of the BBL and 11 February 2021. No receipts for sales were received into Mr Tasin’s personal account in the period from 30 October 2020 to 21 December 2020 (the date of the last statement provided). • Mr Tasin’s personal bank statements show that he used BBL monies transferred to his personal bank account from Meleren to fund cash (ATM) withdrawals or to make a payment of £10,000 to an unknown party. He has provided no evidence that these transactions provided economic benefit to Meleren. • Merelen made repayments totalling £1,132 in relation to the BBL. • Meleren entered into creditors’ voluntary liquidation on 27 October 2022 with liabilities totalling £51,200, of which £50,000 was owed in relation to the BBL. A claim from the BBL lender has been received in the amount of £49,383.83. 

This information is correct as at 18 / 2 / 2025

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