Name: Muqiang Jiang

Name: NEW FORTUNE KENT LTD

Date of Birth: 8 / 12 / 1965

Date Order Starts: 12 / 4 / 2024

Disqualification Length: 8 Years 0 Month(s)

CRO Number: 11947385

Last Known Address: 77 UNION STREET, , , , MAIDSTONE, ME14 1ED

Conduct: Muqiang Jiang (“Mr Jiang”) caused New Fortune Kent Ltd (“New Fortune”) to apply for a Government backed Bounce Back Loan (“BBL”) of £25,000 that it was not eligible for, having obtained a previous BBL of £50,000 on 11 May 2020 from a different lender in that: • On 11 May 2020, Mr Jiang received a BBL of £50,000 from Bank A into the company bank account held with them. • On 29 May 2020, a second BBL payment of £25,000 was received from Bank B into the company bank account held with them. • The BBL terms and conditions in respect of Bank B required the applicant to self-declare that they had not made any other application for a BBL for New Fortune.? • New Fortune entered Creditors Voluntary Liquidation on 7 July 2023. • At liquidation, New Fortune had liabilities of £96,046.91 including at least £51,655.55 owing in respect of the two BBLs. 

This information is correct as at 22 / 3 / 2024

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