Ching Yau Yu and Vincent Wai Kit Yu were directors of Kai Hing Limited. The company was incorporated in January 2011 and traded under Yu and You Restaurant and Bar, a Chinese eatery in the Copster Green area of Blackburn.
The restaurant featured in the TV programme, Ramsays Best Restaurant, in 2013.
However, Kai Hing Limited entered into difficult trading conditions and because the company couldnt pay its debts, Vincent and Ching Yu liquidated the company in January 2017, owing their creditors close to 385,000.
Independent insolvency practitioners were appointed to wind-up the business and reported to the Insolvency Service that the company had a substantial amount of tax discrepancies.
This triggered an investigation by the Insolve…
Read the full article at: https://www.gov.uk/government/news/mother-and-son-restaurateurs-banned-for-under-declaring-tax