Name: Said Mohammed Ahmed

Name: Hamumy Limited

Date of Birth: 2 / 1 / 1963

Date Order Starts: 14 / 4 / 2026

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 07031107

Last Known Address: 39 Yarrow Place,, Conniburrow,, , , MILTON KEYNES,, MK14 7AY

Conduct: On 10 July 2020, Mr Said Mohammed Ahmed (“Mr. Ahmed”) caused or allowed Hamumy Limited (“Hamumy”) to breach the terms and conditions of the Bounce Back Loan (“BBL”) scheme by overstating Hamumy’s turnover when applying for a BBL. As a result, Hamumy received a £50,000 BBL when Mr. Ahmed knew, or ought to have known, that Hamumy was eligible for a BBL of no more than £12,744.57. In that: • Under the BBL scheme, businesses could apply for one loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover. The turnover figure was self-certified by the applicant. The turnover figure required was that for the calendar year 2019, or where a business was established after 01 January 2019, an estimated annual turnover could be used. • Hamumy was incorporated on 26 September 2009, started trading before 01 January 2019, and was therefore not entitled to estimate its turnover for the purpose of the BBL application. • On 10 July 2020, Mr. Ahmed applied, or allowed a third party to apply, for a £50,000 BBL on behalf of Hamumy, declaring that its annual turnover for the calendar year 2019 was £225,000. BBL funds of £50,000 were credited into Hamumy’s bank account on 13 July 2020. • Reports and Accounts prepared by Hamumy’s accountants for the year ending 30 September 2020 show that Hamumy had a turnover of £45,449 during year ending 30 September 2019, and £48,723 during year ending 30 September 2020. • Analysis of its bank statements shows that, between 01 January 2019 and 31 December 2019, Hamumy received trading related income totalling £50,978.26. • Based on the income received into its bank account during calendar year 2019, Hamumy was entitled to apply for a BBL of no more than £12,744.57. • The overstatement of turnover meant that Hamumy received at least £37,255.43 more than it was entitled to from the BBL scheme. • On 19 December 2023, Hamumy entered Creditors’ Voluntary Liquidation with liabilities totalling £42,389, of which £41,889 was owed in respect of the BBL. 

This information is correct as at 14 / 4 / 2026

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