Name: SOHAIL AHMED TAHIR KARIM

Name: SIMPLE SOLUTIONS INVESTMENTS LIMITED

Date of Birth: 28 / 4 / 1969

Date Order Starts: 30 / 10 / 2026

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 06214358

Last Known Address: 138 Wrotham Road, , , , GRAVESEND, DA11 7LB

Conduct: On 14 May 2020, Sohail Ahmed Tahir Karim caused or allowed Simple Solutions Investments Limited (“SSI”) to overstate the turnover of the company to enable it to apply for a Bounce Back Loan (“BBL”) of £50,000 when he knew, or ought to have known, that the company was not entitled to apply for a loan a BBL of that amount. Furthermore, Mr Karim caused or allowed SSI to misuse at least £49,000 of the BBL funds by failing to ensure the money was used for the economic benefit of SSI the company, in that: - Under the BBL scheme, businesses could apply for a BBL of up to 25% of their 2019 turnover, from a minimum of £2,000 to a maximum of £50,000. Businesses incorporated after 01 January 2019 were asked to estimate their turnover from the date the business started. - The terms of the BBL scheme stated that the BBL was to be used only for the economic benefit of the business, used wholly for business purposes and not personal purposes. - SSI was incorporated on 16 April 2007. - An analysis of SSI’s bank accounts shows that between 1 January 2019 and 31 December 2019 SSI received income of £63,578. - Therefore, the maximum BBL that SSI was eligible to apply for was £15,894. - On 14 May 2020, SSI applied for a £50,000 BBL, which was paid into its bank account on 15 May 2020. - On 11 June 2020, £49,000 of the BBL was transferred to an associate of Mr Karim. No evidence has been provided that this was for the economic benefit of SSI. - A Winding up Order was made against SSI on 27 November 2024. 

This information is correct as at 12 / 10 / 2026

Name: SIMPLE SOLUTIONS INVESTMENTS LIMITED

Date of Birth: 21 / 12 / 1963

Date Order Starts: 5 / 11 / 2026

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 06214358

Last Known Address: 25, The Overcliffe, , , , Gravesend, DA11 0EH

Conduct: Simple Solutions Investments Limited On 14 May 2020, Farakh Zulqarnain Karim caused or allowed Simple Solutions Investments Limited (“SSI”) to overstate the turnover of the company to enable it to apply for a Bounce Back Loan (“BBL”) of £50,000 when he knew, or ought to have known, that the company was not entitled to apply for a loan a BBL of that amount. Furthermore, Mr Karim caused or allowed SSI to misuse at least £49,000 of the BBL funds by failing to ensure the money was used for the economic benefit of SSI the company, in that: - Under the BBL scheme, businesses could apply for a BBL of up to 25% of their 2019 turnover, from a minimum of £2,000 to a maximum of £50,000. Businesses incorporated after 01 January 2019 were asked to estimate their turnover from the date the business started. - The terms of the BBL scheme stated that the BBL was to be used only for the economic benefit of the business, used wholly for business purposes and not personal purposes. - SSI was incorporated on 16 April 2007. - An analysis of SSI’s bank accounts shows that between 1 January 2019 and 31 December 2019 SSI received income of £63,578. - Therefore, the maximum BBL that SSI was eligible to apply for was £15,894. - On 14 May 2020, SSI applied for a £50,000 BBL, which was paid into its bank account on 15 May 2020. - On 11 June 2020, £49,000 of the BBL was transferred to Mr Karim. No evidence has been provided that this was for the economic benefit of SSI. - A Winding up Order was made against SSI on 27 November 2024 Simple Solutions Developments Ltd Mr Farakh Karim failed to ensure that Simple Solutions Developments Ltd (“SSD”) complied with its statutory obligations to HM Revenue & Customs (“HMRC”) to file returns and make payments as and when due and caused SSD to trade to the detriment of HMRC from at least April 2020 until at least August 2022 in respect of Pay as you Earn (“PAYE”) National Insurance Contributions (“NIC”) and Construction Industry Scheme (“CIS”) tax, resulting in a liability to HM Revenue & Customs (“HMRC”) of at least £393,439, in that: - SSD submitted PAYE/NIC/CIS returns to HMRC between March 2020 and July 2022 totalling £462,533. - SSD made eight payments towards its PAYE/NIC/CIS liabilities totalling £67,192 between 7 March 2020 and 7 December 2020. - Accounts prepared for the company for 30 November 2021 record trade creditors of £171,900, bank loans of £10,000, tax liabilities of £188,667 and other creditors £47,765 respectively. - Bank statements covering the period between 1 April 2020 and 22 August 2022 show £4,544,153 going in and £4,678,051 going out. Of the payments going out, £67,192 was paid to HMRC for PAYE. - As of 04 December 2024, the date of liquidation, SSD’s liabilities consisted of £415,772 owed to HMRC, £21,914 owed to an insurance provider, and £37,903 in respect of a BBL. 

This information is correct as at 15 / 10 / 2026

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