Name: Nigel Herburt FOREMAN

Name: IQ MM Ltd

Date of Birth: 12 / 10 / 1964

Date Order Starts: 20 / 6 / 2025

Disqualification Length: 10 Years Years 0 Month(s)

CRO Number: 11317868

Last Known Address: Stratheden, Old Odiham Road, , , Alton, GU34 4BU

Conduct: Nigel Herburt Foreman (“Mr Foreman”) caused IQ MM Limited (“IQ MM”) to obtain a Government backed Bounce Back Loan (“BBL”) totalling £50,000 by providing inaccurate information as to the turnover of IQ MM, resulting in IQ MM obtaining £39,075 more than it was entitled to. In that: • IQ MM was incorporated on 18 April 2018. Mr Foreman was the sole appointed director throughout trading. • Accounts for the year ending 30 April 2019 show turnover of £42,716. Accounts for the year ending 30 April 2020 show turnover of £43,701. Based on the 2020 accounts, the Company was entitled to a maximum BBL of £10,925. • Mr Foreman applied for a BBL of £50,000. In order to obtain the maximum amount, IQ MM’s annual turnover would have to be £200,000 or over for the year ending 31 December 2019. • The BBL proceeds of £50,000 were credited to the Bank account on 11 June 2020. • Mr Foreman caused IQ MM to receive £39,075 of BBL funds more than it was entitled to. • Between 12 July 2021 and 11 November 2022 the sum of £7,986.33 (inclusive of interest) was made in respect of the BBL. • At liquidation, the sum of £36,286 of the BBL remained outstanding (exclusive of interest). 

This information is correct as at 4 / 6 / 2025

If you believe this page contains any errors, please email legalservices@insolvency.gov.uk with details of the error that you have found.