Case details for Mohammed Zamir

Name: Mohammed Zamir

Name: DELI BAR AT FAIRGATE LIMITED

Date of Birth: 23 / 3 / 1961

Date Order Starts: 1 / 6 / 2022

Disqualification Length: 8 Years 0 Month(s)

CRO Number: 09524213

Last Known Address: 40 Finnemore Road, , , , BIRMINGHAM, B9 5XN

Conduct: On 02 August 2020, Mr Mohammed Zamir (“Mr Zamir”), on behalf of Deli Bar at Fairgate Limited (“the Company”), applied for and obtained a Government backed Bounce Back Loan ("BBL") in the sum of £50,000 for which the Company was not eligible by including false and or inaccurate information relating to turnover within the BBL application. Thereafter the BBL was paid into the Company's bank account on 03 August 2020 and was not used in its entirety for the economic benefit of the business or in the spirit of the BBL scheme. More specifically: Lending requirements/declarations The BBL Scheme allowed businesses to borrow between £2,000 up to 25% of a business' turnover for the calendar year ended 31 December 2019 with the maximum loan available being £50,000. The BBL application confirms that the level of annual turnover declared was £200,000 however the Company's accounts for the years ended 31 March 2018, 31 March 2019 and 31 March 2020 record turnover figures of £24,769, £31,497 and £30,743 respectively. Analysis of the Company's bank statements records income/turnover of £4,293.92 during calendar year 2019. The Company's accounts and accounting records confirm that the level of turnover declared in the BBL application was significantly overstated. Use of moneys obtained On 28 April 2020 the sum of £10,000 was paid into the Company’s bank account being a Covid Support Grant received from Birmingham City Council ("the Council"). Prior to receipt of the Covid Support Grant the account balance was £27.87. On 03 August 2022 the BBL funds of £50,000 were paid to the Company’s bank account, prior to receipt of the BBL, the bank balance was £1,899.18. Further Covid support payments were received from the Council in the sum of £19,737 between 19 January 2021 and 28 April 2021. Payments in the total sum of £30,092 were paid to a connected person between 19 February 2021 and 28 May 2021. This included a lump sum payment in the sum of £15,000 made on 13 May 2021 with payment reference "Salary/redundancy". The total sum of £45,000 was transferred to Mr Zamir from the Company's bank account on 17 May 2021 (£25,000) and 18 May 2021 (£20,000) with payment references "Mohammed Zamir Expenses". The Company's BBL remained outstanding in the total sum of £50,000 on liquidation. 

This information is correct as at 11 / 5 / 2022



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