Name: Priscilla Ramasamy

Name: RAMASAMY DIGITAL MARKETING LTD

Date of Birth: 15 / 2 / 1957

Date Order Starts: 26 / 5 / 2026

Disqualification Length: 10 Years  Month(s)

CRO Number: 10201487

Last Known Address: 30 Church Lane, Gorleston, , , , GREAT YARMOUTH, NR31 7BE

Conduct: On 05 November 2020 Miss Priscilla Ramasamy (“Miss Ramasamy”) breached the terms of the government backed Bounce Back Loan (“BBL”) Scheme by causing Ramasamy Digital Marketing Ltd (“RDM”) to overstate its turnover on its application for a BBL, resulting in the company receiving a BBL of £50,000 when she knew, or ought to have known, that RDM was not eligible for a loan of that value, in that: • Under the BBL scheme businesses could apply for a 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 1 January 2019, it is their estimated turnover from the date the company started to trade. • RDM was incorporated on 22 May 2016 and was trading before 01 January 2019, therefore required to provide turnover for the calendar year 2019 in the BBL application. • RDM’s bank statements show RDM had credits totalling £15,988.82 during 2019. • A Sales report from RDM’s accountant shows Sales for 2019 as totalling £15,850.82. • On 05 November 2020, Miss Ramasamy declared on the company’s BBL application form an annual turnover of £300,000, and consequently on 06 November 2020, the company received a £50,000 BBL, the maximum amount available under the BBL scheme. • Based on a turnover for 2019 of not more than £15,989, RDM would have been only entitled to apply for a BBL of £3,998. • The overstatement of turnover meant that RDM received £46,002 more than it was entitled to from the BBL scheme. • RDM was wound-up by court order on 26 March 2025. • At liquidation, RDM had liabilities totalling £115,470.93, of which £50,196.63 was owed to the Bank in respect of the BBL. 

This information is correct as at 8 / 5 / 2026

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