Case details for Bilal Hameed JANJUA

Name: Bilal Hameed JANJUA

Name: Amstec Automation Ltd

Date of Birth: 16 / 5 / 1969

Date Order Starts: 8 / 11 / 2021

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 11456158

Last Known Address: 113 Ladbrooke Crescent,, , , , NOTTINGHAM,, NG6 0GL

Conduct: After the sole business contract of Amstec Automation Limited’s (“AAL”) ended on 31 August 2019 and after having found himself employment elsewhere on a PAYE basis, Mr Janjua caused AAL to apply for a Bounce Back Loan, (“BBL”) in the amount of £20,000, contrary to the terms of the scheme. To be eligible AAL was required to have been actively trading on 01 March 2020. This loan was received into AAL’s bank account on 01 June 2020. Between 03 June 2020 and 05 January 2021, Mr Janjua caused AAL to transfer £13,800 into his personal bank account, at a time when the company owed liabilities to HMRC. The payments made to Mr Janjua breached the terms of the BBL which stated that its intended purpose was to provide economic benefit to the business and not for personal purposes. In that: . AAL began trading in August 2018 with the director acting as an engineer for airport baggage systems. . In July 2019, AAL were informed that their sole business contract would not be renewed when it ended on 31 August 2019. . From that date, AAL effectively ceased to trade and in August 2019, Mr Janjua accepted a full time PAYE role, however AAL remained an active company at Companies House. . AAL received its last payment in respect of trading income into its bank account on 6 September 2019. . On 4 May 2020 HM Treasury launched Bounce Back loans to enable small businesses to apply and receive 100% government backed loans of between £2,000 and £50,000 via an online application process. . Mr Janjua made application for a Bounce Back Loan (“BBL”) in the amount of £20,000 and on 01 June 2020, this was deposited into the bank account of AAL, leaving a balance on the account of £19,807. . With turnover recorded in the bank statements in the 12 months prior to the BBL at £26,448, it is unclear if AAL qualified for this amount of BBL. . On 03 June 2020, £4,000 was paid from the AAL bank account with the narrative ‘Software Training’. The company accountant has advised that this relates to training and software costs. . Between 19 June 2020 and 05 January 2021, £12,900 was paid from the AAL bank account using the narratives ‘Optional’,’Tree’,’76’,’JB’,’TE’ and ‘Maz’. The company accountant has advised these related to dividend payments. . Between 23 June 2020 and 24 June 2020, £900 was also paid using the narratives ‘76’ and ‘Paint’. The company accountant has advised these related to the director’s salary. . Due to various lockdowns and the adverse effect of the pandemic on the airport industry Mr Janjua approached the company accountant for advice in relation to AAL’s financial position in November 2020 and the decision was made to close AAL. . AAL officially ceased trading on 31 December 2020, however no sales were recorded from 06 September 2019 onwards. . With VAT returns submitted each quarter up until the period ending 30 April 2021 to HM Revenue and Customs, Mr Janjua should have been aware of the liability to HMRC, which totalled £14,622 as at the date of the Liquidation. . The financial position of AAL at Liquidation, as per the estimated Statement of Affairs dated 19 March 2021, recorded an estimated deficiency of £42,926, of which £20,000 related to the BBL. 

This information is correct as at 20 / 10 / 2021



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