Case details for Md Saidul Islam

Name: Md Saidul Islam

Name: VINTAGE FASHION LIMITED

Date of Birth: 26 / 11 / 1988

Date Order Starts: 17 / 9 / 2026

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 10924708

Last Known Address: 248 Bethnal Green Road, , , , London, E2 0AA

Conduct: On 8 May 2020, Md Saidul Islam (“Mr Islam”) caused Vintage Fashion Limited (“VintageF”) to apply for a government-backed Bounce Back Loan (“BBL”) of £50,000 using turnover figures which he knew or ought to have known were overstated, which resulted in VintageF obtaining more in BBL funds than it was entitled to, in that: • Under the BBL scheme a business was able to borrow up to 25% of its turnover in calendar year 2019, up to a maximum of £50,000 and, if the business was established after 1 January 2019, it was to apply the 25% limit to its estimated annual turnover from the date it started. The turnover figure was self-certified by the applicant. • VintageF was incorporated on 21 August 2017 and commenced trading on the same day. • On 8 May 2020, Mr Islam applied for a BBL of £50,000 on behalf of VintageF, stating in the loan application that VintageF’s relevant turnover was £231,000. • Company accounts for the Years Ended 31 August 2019 and 31 August 2020 declare turnover as £50,917 and £54,748 respectively. The maximum BBL the company was entitled to was therefore £13,687. • On 18 May 2020, funds of £50,000 were credited to VintageF’s bank account. • VintageF therefore received BBL funds of at least £36,313 more that it was entitled to. • At the date of the liquidation on 27 February 2025, the Statement of Affairs shows that total liabilities amounted to £73,731, of which £67,629.55 was owed to the bank (which includes the BBL). 

This information is correct as at 28 / 8 / 2026



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