Name: Aeda Shaheen BUTT

Name: AEDA'S ANGELS LIMITED

Date of Birth: 17 / 9 / 1967

Date Order Starts: 31 / 1 / 2023

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 08773416

Last Known Address: 3 Heaton Grove,, , , , BRADFORD,, BD9 4DX

Conduct: On 18 May 2020, Aeda Shaheen Butt (“Mrs Butt”) caused Aeda’s Angels Limited (“Aeda’s”) to obtain a Bounce Back Loan “BBL” of £50,000 using an overstated turnover figure on the BBL application form, when she knew or ought to have known the maximum BBL Aeda’s was entitled to was £24,761. In that; • A business could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover in calendar year 2019. Credits in to Aeda’s bank account show turnover of £100,958 for the calendar year 2019. •On 18 May 2020, she caused Aeda’s to obtain a BBL of £50,000 by overstating Aeda’s turnover as £225,000 on the BBL application form. Based on the turnover figure of £100,958, she knew or ought to have known that the maximum BBL Aeda’s was entitled to was £24,761. • On 1 March 2022, Aeda’s entered into creditors voluntary liquidation with liabilities of £101,000, £50,000 of which was owed in respect of the BBL. 

This information is correct as at 3 / 1 / 2023

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