Case details for Nuri Can OZMICCO

Name: Nuri Can OZMICCO

Name: WELL CLOSE (EN) LIMITED

Date of Birth: 1 / 6 / 1998

Date Order Starts: 26 / 11 / 2024

Disqualification Length: 12 Years 0 Month(s)

CRO Number: 10162032

Last Known Address: 16 Fore Street, , , , WOODBRIDGE, IP13 9DF

Conduct: Mr Nuri Can Ozmicco (“Mr Ozmicco”) caused Well Close (EN) Limited (“Well Close”) to breach the terms and conditions of the Bounce Back Loan (“BBL”) scheme by applying for a BBL of £50,000 when he knew or ought to have known that Well Close was only eligible for a loan of £2,822, with £50,000 of the funds not used for the economic benefit of Well Close, in that: • Businesses were eligible to borrow a maximum of 25% of the business turnover for 2019 or where a business was established after 01 January 2019 it is their estimated turnover from the date it started trading. The loan could only be used to provide economic benefit to the business and not for personal purposes, • A bank analysis showed between 01 January 2019 and 31 December 2019 Well Close had banked receipts totalling £11,286. Therefore, Well Close would have been entitled to a loan maximum of £2,822. • On 16 May 2020 Mr Ozmicco applied for a BBL on behalf of Well Close for £50,000 stating turnover was £230,000. • Well Close received £47,178 more than it was entitled to. • On 19 May 2020 £50,000 was credited to Well Close’s bank account. • On the same day £50,000 is transferred to an unknown account. There is no explanation that this provided economic benefit to Well Close. • At dissolution £49,976 remains outstanding to the BBL Mr Nuri Can Ozmicco (“Mr Ozmicco”) caused Well Close (EN) Limited (“Well Close”) to breach S1006 of the Companies Act, in that: • Under S1006 of the Companies Act at any time after the date on which a company makes an application for voluntary striking off and before the date on which the application is dealt with, the director must ensure a copy of the application is given to any person who becomes a creditor, member, employee of the company within seven days. • On 06 August 2020, DS01 Striking off Application signed by Mr Ozmicco on 03 July 2020 was filed at Companies House. • On 16 May 2020 Mr Ozmicco made an application for a BBL. £49,976 remains outstanding. • Well Close failed to give notice to the bank of its application for dissolution as required under S1006 of the Companies Act 2006. Well Close was dissolved on 10 November 2020. 

This information is correct as at 27 / 11 / 2024



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