Name: Ehsan Ullah TAHIR

Name: AMBASSADOR SOURCING LIMITED

Date of Birth: 25 / 5 / 1968

Date Order Starts: 17 / 4 / 2024

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 09780117

Last Known Address: Flat 1,, 9 Wisley Way,, , , BIRMINGHAM,, B32 2JU

Conduct: Mr Ehsan Ullah Tahir (“Mr Tahir”) caused Ambassador Sourcing Limited (“ASL”) to breach the terms of the Bounce Back Loan (“BBL”) by overstating its turnover on the BBL application, as a result ASL obtained a loan amount of £50,000, some £26,876 more than what it was entitled to receive. In that: The BBL scheme allowed businesses to apply for a BBL if they were engaged in trading or commercial activity in the UK at the date of the application, were carrying on business on 01 March 2020 and had been adversely affected by Covid. A business could receive a loan of up to 25% of their annual turnover for the 2019 calendar year, which the applicant would self-certify when completing the BBL application. ASL was incorporated on 16 September 2015. ASL’s accounts for period ending 30 September 2019 declare a turnover of £82,346. ASL’s accounts for period ending 30 September 2020 declare a turnover of £150,699. ASL’s bank statements covering the 2019 calendar year show an income of £92,496.01. Based on the BBL criteria and company turnover, ASL was entitled to receive no more than £23,124. On 5 August 2020, ASL received a BBL of £50,000 to which it was not fully entitled, after Mr Tahir declared in the BBL application that the turnover for the 2019 calendar year was £400,000. ASL entered Creditors’ Voluntary Liquidation on 4 May 2022. At liquidation, ASL owed £84,621 of which at least £48,000 was owed to the bank in respect of the BBL. 

This information is correct as at 27 / 3 / 2024

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