Name: Mohammed HARUF

Name: MY SECURITY AND HARDWARE LTD

Date of Birth: 27 / 7 / 1953

Date Order Starts: 24 / 4 / 2024

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 10339630

Last Known Address: 43 Fir Tree Farm Drive, , Stechford, , Birmingham, B33 9FE

Conduct: Mohammed Haruf (‘Mr Haruf’) caused My Security and Hardware Ltd (‘MSHL’) to obtain a Bounce Back Loan (“BBL”) of £50,000, by overstating MSHL’s turnover in the loan application, when he knew or ought to have known the true turnover, resulting in the company receiving £36,616 more funds than it was entitled to. In that: The BBL Scheme permitted a loan of up to 25% of a business’ turnover in the calendar year 2019 or estimated turnover if it had been established after 01 January 2019. MSHL was incorporated on 22 August 2016. Bank statements for the calendar year 2019 show income of £53,534. This would have resulted in MSHL being eligible for a maximum BBL of £13,384. 0n 14 August 2020, Mr Haruf applied to MSHL’s bank for a BBL of £50,000, declaring a turnover of £200,000, an overstatement of £146,466 based on the income shown in MHSL’s bank statements. On 17 August 2020, the BBL funds of £50,000 were paid into MSHL’s bank account. Prepared accounts for the financial year ending 31 March 2020, approved on 06 October 2020 disclose a turnover of £59,047 and £56,038 for the years ending 31 March 2019 and 2020 respectively. At liquidation £50,221.42 was owed to the bank in respect of the BBL. 

This information is correct as at 5 / 4 / 2024

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