Name: Kyis ali

Name: EMPERORS MOTORS LTD

Date of Birth: 19 / 7 / 1986

Date Order Starts: 1 / 11 / 2025

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 11548642

Last Known Address: 73 Rushden Way,, , , , FARNHAM,, GU9 0QQ

Conduct: On 01 June 2020 Mr Kyis Ali (‘Mr Ali’) caused Emperors Motors Ltd (“EML”) to obtain a second £30,000 Bounce Bank Loan (“BBL”) contrary to the terms of the BBL scheme, as only one BBL was permissible per business. In that: • On 05 May 2020 EML obtained a Government-backed BBL of £19,000 from Bank A, based on an annual turnover estimate of £82,000. • Mr Ali made a second application to Bank B, on EML’s behalf, for a BBL of £30,000 on 28 May 2020, based on an annual turnover estimate of £125,000, with the proceeds being received on 01 June 2020. • Both BBL applications contained Mr Ali’s specific declaration “I/We confirm that this is my/our only application for a Bounce Back Loan for this business”. Bank B’s website at the time provided further clear warnings against taking out a second BBL. • EML had commenced trading on 11 December 2019 and had obtained sales of £12,950 prior to 01 June 2020. A reasonable estimated turnover figure for the year to 10 December 2020 is therefore calculated at c. £58,275, which was not sufficient to legitimise any more than the initial £19,000 BBL from Bank A., based on 25% of annual turnover • As a result, EML obtained a second BBL of £30,000, to which it was not entitled. Bank B have submitted a Proof of Debt for £27,525.47. 

This information is correct as at 7 / 11 / 2025

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