Name: Mehmet Sanli

Name: Mem's Tim Cafe Ltd

Date of Birth: 9 / 1 / 1971

Date Order Starts: 10 / 4 / 2024

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 10687357

Last Known Address: 15 Fourland Walk, , , , Edgware, HA8 9EP

Conduct: As a result of an application made by Mehmet Sanli (“Mr Sanli”), Mem’s Tim Café Limited (“Mem’s”) obtained a Bounce Back Loan (BBL) of £50,000, which is £29,326 more than it was eligible for, in breach of the BBL Terms and Conditions in that: • Under the BBL scheme businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover. The turnover figure required was that of the calendar year 2019 or where a business was established after 1 January 2019 it is their estimated turnover, provided they were established and operating by then. • Mem’s was incorporated on 23rd March 2017. • Mr Sanli was appointed a Director from 23rd March 2017 to 1st June 2021 and was reappointed on 4th July 2022. • Mr Sanli signed and submitted a BBL application to the Bank for £50,000, declaring turnover as £201,800 and as a result on the 6th October 2020 Mem’s received BBL proceeds of £50,000. • Accounts for Mem’s covering the period 1st March 2018 to 28th February 2019, show turnover of £81,432 and accounts from 1st March 2019 to 28th February 2020 show turnover of £82,950. The maximum BBL Mem’s was eligible for would be £20,674. • Total liabilities at liquidation amount to £54,345 of which £49,696 is due to the Bank. • The Statement of Affairs show Mr Sanli is a creditor and is owed £2,249. 

This information is correct as at 21 / 3 / 2024

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