Southall Builder Ordered To Repay Covid Bounce Back Loan
Overstated revenue and used money to invest in Pakistani housing scheme
Tahir Haq’s company had only made £12,888 the previous year. Picture: QuoteInspector.com
July 1, 2025
A building contractor from Southall who overstated his company’s turnover by almost £200,000 to secure a maximum-value Covid Bounce Back loan has been banned as a director and ordered to repay the money.
46-year-old Tahir Haq of Norman Avenue obtained a £50,000 Bounce Back loan for building completion and freight transport company Integral Maintenance Team Ltd, in late 2020. Haq was the sole director of Integral Maintenance Team Ltd, which was set up in July 2018.
However, his company was only entitled to little more than £3,000 under the scheme as the receipts for the previous financial year were only £12,888.
Haq provided no evidence that some of the funds he received were used for the business. Some of it was withdrawn as cash with more being paid to a housing scheme in Pakistan. No documents which demonstrated that the housing scheme was connected to his company have been supplied.
Liquidators were appointed for Integral Maintenance Team Ltd in November 2021.
Haq was disqualified as a company director for 11 years and ordered to pay compensation of £46,778, as well as interest on the loan totalling £4,078, and additional costs of £8,107 at a hearing of the High Court in London on Tuesday 10 June.
Kevin Read, Chief Investigator at the Insolvency Service, said, "Tahir Haq overstated his company's turnover by almost £200,000 to secure the maximum Bounce Back loan available.
“Our investigation revealed he used some of this money for personal purposes, including payments to a housing scheme in Pakistan.
“The 11-year disqualification and requirement to repay all the money he was never entitled to demonstrates our commitment to holding directors financially accountable when they misuse Covid support schemes."
The disqualification order prevents Haq from being involved in the promotion, formation or management of a company, without the permission of the court.
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