Name: Iqbal Hussain

Name: Hussain (London) Ltd

Date of Birth: 13 / 11 / 1982

Date Order Starts: 20 / 3 / 2026

Disqualification Length: 10 Years  Month(s)

CRO Number: 11867864

Last Known Address: 22 Campsey Road, , , , DAGENHAM, RM9 4DS

Conduct: On 14 May 2020, Mr Iqbal Hussain (“Mr Hussain”) caused Hussain (London) Limited (“HLL”) to breach the terms of the Bounce Back Loan (“BBL”) scheme by overstating HLL’s turnover when applying for a BBL. As a result, HLL received a BBL of £50,000 when Mr Hussain knew, or ought to have known, that HLL was not eligible for a BBL of that amount, 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, their estimated turnover was to be used. The terms and conditions of the BBL scheme stated that the loan was to be used to provide economic benefit to the company, wholly for business purposes and not personal purposes. • HLL was incorporated on 5 March 2019. • On 14 May 2020, Mr Hussain applied for a BBL of £50,000 on behalf of HLL, declaring that its estimated turnover was £200,000. • HLL received the BBL funds of £50,000 on 15 May 2020. • Analysis of bank statements shows that HLL received trading income totalling £56,030 in 2019 and £35,260 in 2020. • Accounts show that HLL had a turnover of £65,144 up to March 2020. Based that figure HLL was only eligible to apply for a BBL of £16,286. Thus, HLL received at least £33,714 more than it was entitled to from the BBL scheme. Total liabilities at liquidation amount to £58,539 of which £50,525 relates to the amount owed in respect of the BBL. 

This information is correct as at 3 / 3 / 2026

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