Name: Edmond Sakyi-Arthur

Name: EDATHUR LTD

Date of Birth: 7 / 10 / 1987

Date Order Starts: 6 / 11 / 2026

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 09091613

Last Known Address: 6403 Sky Tower, , Shams Abu Dhabi, , Al Reem Island, United Arab Emirates

Conduct: On 08 January 2021 Mr Edmond Sakyi-Arthur (“Mr Sakyi-Arthur”) caused Edathur Limited (“Edathur”) to apply for a Bounce Back Loan (“BBL”) of £50,000 by using an overstated turnover figure, which he knew or ought to have known resulted in Edathur obtaining a larger BBL than it was entitled to. In addition, £40,050 of the BBL was not used for the economic benefit of Edathur in breach of the BBL terms and conditions. In that: • Under the BBL scheme businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover. The turnover figure was self-certified by the applicant. The turnover figure required was that for the calendar year 2019 or where a business was established after 1 January 2019 it is their estimated turnover. The BBL should be used wholly for business purposes and not personal purposes. • Edathur was incorporated on 18 June 2014 and therefore had to use its actual 2019 turnover. • On 08 January 2021, Mr Sakyi-Arthur applied for a BBL of £50,000 on behalf of Edathur, declaring that its turnover for the calendar year 2019 was of £207,655. • Edathur filed year end accounts to 30 June 2019 with turnover of £40,875 and filed year end accounts to 30 June 2020 with a turnover of £100,820. • Bank statement analysis for 1 January 2019 to 31 December 2019 show income of £72,325 and on this basis Edathur was only entitled to a BBL of £18,081. • Edathur received the BBL funds of £50,000 on 11 January 2021. • On 15 January 2021 Mr Sakyi-Arthur transferred £7,500 to a bank account in his personal name. On 25 February 2021 Mr Sakyi-Arthur transferred £32,550 to a bank account in his personal name. Mr Sakyi-Arthur has provided no evidence to show how these transfers were for the economic benefit of Edathur. • Total liabilities at Liquidation amount to £130,095 of which £41,477 relates to the amount owed in respect of the BBL. 

This information is correct as at 19 / 10 / 2026

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