The Rancho Steak House (Fareham) Limited was incorporated in January 2013 and traded as a licenced restaurant in Fareham.
Mohamed Giash Uddin (48), from Portsmouth, was appointed the director of the company at the same time as Rancho Steak House (Fareham) was incorporated but for more than three years, failed to submit accurate information to the tax authorities.
The restaurateur under-declared more than £42,000 worth of VAT contributions between December 2013 and August 2017.
This omission by Mohamed Uddin resulted in the company making additional profits, which meant the Portsmouth-based restaurateur should have paid increased Corporation Tax contributions totalling more than £27,000.
Mohamed Uddin's misconduct was investigated after the Official Receiver was appointed as Liquidator of Rancho Steak House (Fareham) in December 2018. This followed a petition submitted by one the company's creditors for Rancho Steak House (Fareham) to be wound-up.
During their enquiries, investigators from the Insolvency Service also discovered that the company owed a further £21,000 in tax on loans to the directors, while also failing to pay outstanding penalties issued by the tax authorities.
On 23 December 2019, the Secretary of State accepted a disqualification undertaking from Mohamed Giash Uddin after he did not dispute that he failed to ensure that Rancho Steak House (Fareham) submitted accurate information to the tax authorities.
Effective from 13 January 2020, the Portsmouth restaurateur cannot, without the permission of the court, be involved in the formation, promotion or management of a company, directly or indirectly, for 6 years.
Dave Elliott, Chief Investigator for the Insolvency Service, said:
It wasn't a one-off event when Mohamed Uddin failed to submit accurate information to the tax authorities but something he continued to do over several years, depriving the exchequer of statutory tax contributions.
This disqualification means that Mohamed Uddin will not be able to run a limited company for six years and this will help to protect the tax authorities from future losses.
Notes
Mohamed Giash Uddin is from Portsmouth and his date of birth is April 1971.
Rancho Steak House (Fareham) Limited (Company Reg no. 08376112).
Persons subject to a disqualification order are bound by a range of restrictions.
