Name: Direncan Kaygisiz

Name: KOCA LONDON LIMITED

Date of Birth: 18 / 8 / 1989

Date Order Starts: 1 / 8 / 2025

Disqualification Length: 9 Years Years 0 Month(s)

CRO Number: 11100558

Last Known Address: 1b Prospect Road, , , , SEVENOAKS, TN13 3UA

Conduct: Mr Direncan Kaygisiz (“Mr Kaygisiz”) caused Koca London Limited (“KL”) to breach the terms and conditions of the Bounce Back Loan (“BBL”) scheme by overstating its turnover in an application to obtain a BBL of £45,000, which the company was not entitled to. In that: • Under the BBL scheme rules, a company that was engaged in trading or commercial activity at the date of the application, was carrying on business on 01 March 2020 and had been adversely affected by coronavirus (COVID-19) was eligible for one BBL of 25% of its 2019 calendar year turnover, or where a business was established after 1 January 2019 it was their estimated turnover, up to a maximum of £50,000. • KL was incorporated on 07 December 2017. Mr Kaygisiz was appointed director on 13 January 2020 and remained as such until KL’s liquidation on 13 April 2023. • KL filed accounts at Companies House for the years ending 31 March 2019 and 31 March 2020, both stating KL was dormant. The accounts for the year ending 31 March 2020 were approved by Mr Kaygisiz and dated 10 September 2020. • Analysis of KL’s bank statements shows that in the period 20 February 2018 to 28 December 2018 the total sum credited to KL’s account was £4,607 and for the period 11 January 2019 to 28 December 2019 the total sum credited to KL’s account was £540. Based on these figures KL was not eligible for a BBL. • Analysis of KL’s bank statements shows that in the period 13 January 2020 (the date Mr Kaygisiz was appointed as a director) to the date of the BBL application on 24 July 2020, the total sum credited to KL’s account was £9,940. • On 24 July 2020 Mr Kaygisiz applied for a BBL of £45,000 from its Bank which was credited to KL’s account on 27 July 2020. • Mr Kaygisiz used a projected turnover figure of £207,000 on the BBL application; the estimate provided does not appear reasonable given the turnover figure generated up to the BBL application date. No documentary evidence has been provided to support the projected turnover figure. As such KL was not eligible for a BBL in the amount obtained. • The BBL outstanding totals £32,258.02 and the bank is a creditor in the Liquidation. 

This information is correct as at 15 / 7 / 2025

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