Name: Nadi Jahangiri

Name: M3FX LONDON LTD

Date of Birth: 8 / 7 / 1961

Date Order Starts: 21 / 10 / 2026

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 09201711

Last Known Address: 10 Bouton Place, Waterloo Terrace, , , LONDON, N1 1TR

Conduct: On 4 May 2020, Mr Nadi Jahangiri (“Mr Jahangiri”) caused M3FX London Ltd (“M3FX”) to apply for a government-backed Bounce Back Loan (“BBL”) of £43,268, using overstated turnover figures, when he knew, or ought to have known, that M3FX was only eligible for a loan to a maximum amount of £17,313, 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 for the calendar year 2019. Applicants that had been trading before 01 January 2019 were required to provide a turnover figure for the 2019 calendar year; applicants that had commenced trading after 01 January 2019 were entitled to apply for a BBL of 25% of estimated annual turnover from the date the business started. The turnover figure was self-certified by the applicant. • M3FX was incorporated on 3 September 2014, with Mr Jahangiri being appointed as sole director on that date and remaining so until Liquidation. • on 4 May 2020, Mr Jahangiri applied for a BBL of £43,268 on behalf of M3FX, stating in the application that M3FX’s relevant turnover was £173,073. • company accounts for the Years Ended 30 September 2019 and 30 September 2020 declare turnover of £105,314 and £40,739 respectively, • Bank statements for M3FX for the calendar year 2019 show income of £69,253. Based on this, M3FX was entitled to a BBL of £17,313. • M3FX therefore received BBL funds of £ 25,955 more that it was entitled to. • on 7 May 2020, funds of £43,268 were credited to M3FX’s bank account. • Repayments of £11,518.31 were made to the BBL • M3FX entered Creditors’ Voluntary Liquidation on 14 June 2024 • At the date of the liquidation, the Statement of Affairs shows that total liabilities amounted to £249,974, of which £33,431was in respect of the BBL. 

This information is correct as at 30 / 9 / 2026

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