Name: Aram RASUL

Name: LARKHALL TURKISH BARBERS LTD

Date of Birth: 20 / 9 / 1990

Date Order Starts: 14 / 10 / 2025

Disqualification Length: 11 Years 0 Month(s)

CRO Number: SC592887

Last Known Address: 8 Broomfield Gate,, , , , GLASGOW, G21 3HF

Conduct: Aram Rasul (“Mr Rasul”) caused Larkhall Turkish Barbers Limited (“Larkhall”) to breach the terms and conditions of the Government backed Bounce Back Loan (“BBL”) scheme by applying to the bank for a BBL of £50,000 to which it was not entitled. The Company received the BBL of £50,000 on 07 July 2020 which it was not entitled to, in that: • the BBL criteria allowed a company to borrow between £2,000 and a maximum of £50,000 based on 25% of the company’s turnover for the 2019 calendar year. If a business was established after 01 January 2019, the 25% limit could be applied to the estimated annual turnover from the date the business started; • the BBL scheme terms and conditions state that BBL funds are to be used to provide economic benefit to the business and that it will be used wholly for business purposes, and not personal purposes; • on 02 July 2020, the Defender made an application to the Bank for a BBL in the amount of £50,000 on behalf of the Company; • the BBL application asked the Company to provide details of its annual turnover. The Defender declared on the BBL application form that the annual turnover for the Company was £200,000. • annual accounts for the Company for the period ending 31 March 2019 state turnover as £36,420. Annual accounts for the Company for the period ending 31 March 2020 state turnover as £38,184. • at liquidation, the Company had liabilities totalling £40,555.75, which is in respect of the BBL due to the Bank. 

This information is correct as at 7 / 10 / 2025

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