Name: ABDUL MUKITH

Name: I2 TRADE LTD

Date of Birth: 1 / 2 / 1970

Date Order Starts: 12 / 3 / 2024

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 08771856

Last Known Address: 274A London Road,, Hazel Grove, , , STOCKPORT, SK7 4RD

Conduct: On 2 October 2020 Abdul Mukith (“Mr Mukith”) caused I2 Trade Limited (“I2T”) to apply for a Bounce Back Loan (BBL) of £50,000 using overstated turnover figures in the application form and as a result I2T has received BBL funds of £48,530 that it was not entitled to, in that: • A business could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover in calendar year 2019. • I2T was incorporated on 12 November 2013 and began to trade in November 2014. • I2T filed Accounts for a Dormant Company at Companies House made up to 30 November 2019. • I2T’s Accounts for 31 December 2019 provided by appointed solicitors show sales of £5,880. • Bank statements for I2T’s two current accounts, show deposits/sales of £71.20 and £5,880 to year end 2019, with deposits of £80,349 from 6 October 2020 to liquidation on 27 April 2022. • Mr Mukith applied for and obtained a BBL of £50,000 and stated on the BBL application, dated 2 October 2020, that the annual turnover for I2T for Calendar Year 2019 was £200,000. • On 5 October 2020 a BBL of £50,000 was paid into I2T’s current account. • On 27 April 2022, I2T entered Creditors Voluntary Liquidation with known liabilities of £63,993, of which at least £45,000 is owed in respect of the BBL. 

This information is correct as at 22 / 2 / 2024

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