Name: Bilal  AYDAR

Name: MEYMI LTD T/A BIG BITE

Date of Birth: / /

Date Order Starts: 1 / 3 / 2024

Disqualification Length: 12 Years 0 Month(s)

CRO Number: 12500740

Last Known Address: 23 St. Marks Court, Bath Road, , , WORCESTER, WR5 3EG

Conduct: On 31 May 2020 Mr Bilal Aydar (‘Mr Aydar’) caused Meymi Ltd (‘Meymi’) to apply for a Government-backed Bounce Back Loan (‘BBL’) of £50,000 when he knew, or ought to have known that it was not eligible. Mr Aydar also caused Meymi to breach the terms of the BBL scheme as the BBL funds were not used for the economic benefit of Meymi. In that: Obtaining a BBL The BBL application required the borrower to declare that the business was established and operating on 01 March 2020 and that it had been adversely affected by Coronavirus (C-19); Meymi was incorporated at Companies House on 05 March 2020 and therefore did not meet these criteria; On 31 May 2020 Mr Aydar applied for a BBL with Meymi’s bank stating that its turnover was £220,000 and requesting a BBL of £50,000. Disbursal of BBL The terms of the BBL scheme required the proceeds to be used solely for the economic benefit of the business; The only receipt into the bank account was the BBL which was paid into the account on 02 June 2020; Following this the loan was disbursed in 3 payments to a single third party: o two on 03 June 2020 totalling £30,000; and o one on 05 June 2020 of £20,000. There were no further transactions on the account; There is no evidence that Meymi ever traded and therefore these payments were not for the economic benefit of the business; At the dissolution date, the full amount of the BBL remained outstanding. Mr Aydar caused Meymi to be dissolved and struck off the register in breach of Section 1004 of the Companies Act 2006. In that: On 23 June 2020 Mr Aydar signed a notice of application that Meymi be struck off the register and dissolved; The application included a declaration that none of the circumstances described in Section 1004 of the Companies Act 2006 applied; o One of these provisions is that dissolution is not permitted where a company has engaged in any activity (save for exceptions which did not apply) in the 3 months prior to the application; The BBL application was made on 31 May 2020, which was within 3 months of the dissolution application, and the proceeds were disbursed in the period to 05 June 2020; thereby breaching Section 1004 of Companies Act 2006. Meymi was dissolved on 13 October 2020 and the full amount of the BBL remained outstanding. 

This information is correct as at 14 / 3 / 2024

If you believe this page contains any errors, please email legalservices@insolvency.gov.uk with details of the error that you have found.