Case details for Nadeem Ahmed

Name: Nadeem Ahmed

Name: DIAMOND PARCEL SERVICE LTD

Date of Birth: 3 / 2 / 1981

Date Order Starts: 20 / 11 / 2024

Disqualification Length: 7 years Years 0 Month(s)

CRO Number: 12280068

Last Known Address: : 7 Johnson Close, , , , HINCKLEY, LE10 0QL

Conduct: On 15 May 2020 Nadeem Malik caused Diamond Parcel Service Ltd (“Diamond”) to breach the conditions of a Bounce Back Loan ("BBL") facility by making payments totalling £50,000 to connected companies which were not for the economic benefit of Diamond. • 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. Businesses were required to use the loan only to provide economic benefit to the business, and not for personal purposes. • On 14 May 2020 Diamond applied to its bank for a BBL for £50,000 and on 15 May 2020, Diamond received £50,000 in respect of the BBL. • On 15 May 2020, payments totalling £50,000 were made to connected companies were not for the economic benefit of Diamond. • A Striking off Application was received at Companies House on 22 July 2020. • As at 20 October 2020, the BBL of £50,000 remained outstanding. 

This information is correct as at 17 / 12 / 2024



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