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Update by user Jul 15, 2016

It would seem that they have managed to have the other review that was on this site taken down... I am still owed a large sum of money and I know at least ten other people who are as well...

If anyone has any information on these two please let us know.

Thank you all for your comments, please keep the information coming.

Original review posted by user May 05, 2016

Parmafey Int ( and Balquidder Advisors ( are one and the same company run by Alec Maclaren/Alex Mcgrory ( and Allan Canning.

They have a history of misleading investors and not paying there staff.

I as others are currently owed high sums of money by them, they seem to be winding up there current companies (maybe they have ripped off so many people they have burned these companies (websites below). As far as I can tell Alec Maclaren is living in Javea Spain and Allan Canning is in Glasgow. All the telephone numbers for the companies are no longer working but the websites are still up, the only number on the website that is working is the Bulgarian office number, how ever that seems to be a number to an ex-employee who said that he is very keen to talk with either Alec or Allan.

They have no license to give financial advise in Europe, Middle East or Asia. Be very careful if you have contact with either of them...

Telephone Numbers:

UAE Tel: +971 4454 9849

UK Admin +44 141 628 7928

LinkedIn Profiles:

Reviewer is in unhappy mood. This person stated that there is a room for improvement of being ripped off. Please immediately contact the author of this review to discuss "ripped off" of deta fund and associated monetary loss in the amount of $125000. Parmafey needs to issue a full refund according to poster's claims.

Other people also mentioned deta fund in their reviews. You may find this information helpful for further shopping at Parmafey.

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Investors who lost money may know about Companies House Webcheck and they could have researched Parmaserv Ltd and Balquidder Advisers Ltd and how there is a connection to Parmafey Ltd, with an address in Cyprus.Parmafey is allegedly registered in Belize.

Major changes have taken place at Balquidder since the recently bankrupt owner Allan Canning resigned as the Secretary/Director.

It is worth 100 and has no active trading accounts.

It is operating illegally with no real person as a Director and Companies House are investigating this.If this isn't rectified the Company will be struck off.

to Mary Keeps #1357387

What a tangled web we weave when first we practice ......... comes to mind, but it's sad that Companies House have no powers of investigation.

to Mary Keeps #1357712

When Alec MacLaren and his Wife were to be declaredbankrupt they never turned up at Court and they never made contact with the Accountant in Bankruptcy to sign their undertaking. They were discharged after a longer time than normal.


If anyone is in any doubt about the credentials and qualifications of Alex McGrory alias Alec MacLaren then Google "Alec MacLaren Knows his Stuff - Slideshare".

Alec can be very convincing on Skype, but judge for yourself from the Slide Share on whether or not he is studying for two degrees at the same time.

Most of us who worked with him or those who invested with him will know roughly what he is trying to say in this Slide Share about his time in the HM factors (really forces) and his time in Cyprus, Huge Cayman additionally and the Middle Eastern Side.

A former pupil at his school in a post to the Action Group described him as "thick as mince as a kid".


When a complaint is made to the Police it has relatively no time limit and two major creditors of Big Fish Private Equity who lodged a complaint about ten years ago will know this.Anyone who is considering investing with Alec MacLaren formerly Alex McGrory should Google: " html".

There are sixteen company/brand names in one of the pages headed: "Who are we?

This site is published by a group of creditors owed .....", which connect to MacLaren/McGrory and two of them to his latest business associate Allan Canning.Most of them were dissolved, disappeared or liquidated and Parmafey Ltd is allegedly registered in Belize.

To access the News of the World report about Big Fish dated 15th July 2007 Google: "4 PARMAFEY Reviews and Complaints @ Pissed Consumer" and click on the media image 14M Sting near the end.

to Anonymous #1356159

The report about Big Fish is very unusual for the normally fearless and defunct News of the World is under stated and the creditors will agree.


Following on from the "Original Review dated May 2016" there are photographs of Alex McGrory alias Alec MacLaren and Allan Canning.The image to the right is a newspaper report dated July 2007 about a 14M sting.

It's pointless clicking on this tiny image for clarity. The reason for this could be the Big Fish investigation, according to a major investor, remains active even after all these years.

To access a clear version of this image Google the alternative website: "4 PARMAFEY Reviews and Complaints @Pissed Consumer".

The report by an award winning journalist in July 2007 was seriously understated for legal reasons.Big Fish and many other investment companies operated by Alec MacLaren have dissolved.

to Anonymous #1355621

To read the News of the World's story in July 2007 about Alex McGrory simply Google "".


Parmafey Ltd allegedly registered in Belize own Parmaserv Ltd who are now the sole Director of Balquidder Advisers Ltd worth 100 according to the dormant company accounts filed at Companies House in the UK. Allan Canning resigned his directorship in Balquidder in June 2017 after he was declared bankrupt. The blind leading the blind comes to mind or is this more smoking mirrors involving a couple of fraudsters.

to Anonymous #1355639

They think they are untouchable but watch this space.

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