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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. advice@dr.com.

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

Original review posted by user May 05, 2016

Parmafey Int (www.parmafey.com) and Balquidder Advisors (www.balquidder.com) are one and the same company run by Alec Maclaren/Alex Mcgrory (www.bigfishcreditors.com) 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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When Alec MacLaren was known as Alex McGrory his ice breaker story to prospective investors was his Grand Uncle Jimmy was the late and famous Jimmy McGrory who is a Celtic Football CLub Legend. Jimmy was a perfect Gentleman who would be horrifified about what his great nephew was doing. The McGrory family are good people and they do not deserve this kind of publicity.

to Anonymous #1497474

The McGrory family are good people just like the Canning family and they are all hard working achievers. Allan Canning ran the Glasgow office for Alex McGrory alias Alec MacLaren and allegedly promoting Balquidder Advisers and Parmaserv and Detafund.

Canning a regular at GLasgows Pipeworks was involved with the loss of an American mans inheritance and half of this was traced to a Barclays Bank account. We have to wonder why this wasn't followed up by the authorities, but then again a newspaper report intimated that one million pounds every day is lost in scams.

to Anonymous #1498071

No need to wonder about why the authorities didn't follow up on the poor American's lost inheritance, because they do not have the expertise or the financial and human resources to do this. Another reason is the newspaper report got it right and there is £1m lost every day in scams transacted over the Internet.

Wee Alex McGrory alias Alec MacLaren is very convincing when prospective investors make contact with him on Skype at the side of his nice big pool in Spain. Truth will hopefully come out after Brexit and he is forced to return to the UK.

to Anonymous #1538885

The American investor blamed Allan Canning more than Alec MacLaren for his loss and some of his investment could be traced to a Barclays Account but nothing was done by the Authorities. Canning at the time lived in a small village called Clynder near Helensburgh in Scotland and the American wonders if his loss is known in Clynder which has a tight knit Community and if anyone in the Village has lost money.


The same questions are asked of people whose life was turned upside down after their unfortunate involvement with Alex McGrory alias Alec MacLaren and Allan Canning and their businesses and these are: why have the Police not investigated these businesses thoroughly all the way to the Crown Office and why have some investors who lost a lot of money don't take the law into their own hands. It could be that most of the lost investments have primarily took place outside of the jurisdiction of the UK Authorities and the investors were hand picked as being respectable law abiding Citizens.

to Anonymous #1472455

Interesting about the investors who lost money and how they are law abiding but there is always the possibility that they will visit Deina in Spain or Clynder in Scotland sooner than later to confront MacLaren and Canning and it won't be for pleasant conversation. One investor reported that his loss just eats away at him because his hard earned investment was intended for his kids.

Another investor reported that his loss meant that his Wife had to take a job for the first time in their married life.

A retired investor who is a Lawyer had to return to work. The list goes on and on.


Access www.bigfishcreditors.com/documents and click on a News of the World report from an award winning journalist. After this Alex McGrory changed his name to Alec MacLaren and around about this time he lived as a mature Student at an Agricultural College and operated an SMS Signals scam.

Clients seldom received their sales appointments and his telephone sales staff seldom got paid. By the time the journalist had caught up with this operation he had left the College.

After this he worked in Moscow and he was transferred to Kazakhstan where an employee of an International Accountancy Firm checked his passport against his photograph in the Colleges Rugby Team website and his boss in Moscow sacked him. Almost impossible to remain anonymous!!

to Anonymous #1457966

The previous comment about remaining anonymous is correct and it was difficult for Alex McGrory alias Alec MacLaren to do this especially when as Alex McGrory he was the host of the website for the Scottish Agricultural College's Rugby Club. His enrolment in the College was after he was mentioned in a media report as the main person involved in the £14M loss by investors in Big Fish which liquidated in Tortola in the British Virgin Islands.The local Council in Scotland was investigating why the family was claiming housing benefit, because there were three cars including a driving school business car in the driveway of the family's luxury rented house.

The Council's investigator confirmed their homeless housing benefit to a disgruntled creditor who had responded to their advert in a local newspaper for council constituents to report benefit fraud.McGrory and his Wife were registered in the Accountant in Bankruptcy's list of bankrupts, but they never signed the statutory obligation to comply with the conditions of bankrupts. The Council's Investigator acknowledged the creditor's complaint and said it was the second time this family were under investigation. They moved to Spain to escape inevitable prosecution according to the Council.McGrory/MacLaren was fired by his boss in Moscow and after this his Wife posted a comment to a kids Paint Ball Centre it went viral to confirm that they were living near Deina in Spain.During MacLaren's employment in Kazakhstan when he was working for a Moscow based IFA Company and before he was fired, he enrolled his Company in the American Chamber of Commerce to mix with reputable accountancy firms.

This enrolment also went viral to confirm where he was operating.Posts from investors who lost money complaining to the Action Groups have been sent from far apart as Iceland and Oman courtesy of the social media. The creditors complain about Alec MacLaren/Alex McGrory allegedly living near Deina in Spain and his business associate Allan Canning who allegedly is still living in Clynder near Helensburgh in Scotland.

to Anonymous #1459186

Alec MacLaren has made no real attempt to remain anonymous, because his Slide Share website according to his former School and College classmates confirms he is dyslexic. This will make working class investors who lost their life savings wonder how he could possibly convince successful Businessmen, Lawyers and Partners in International Accountancy Companies to invest with him.According to a Manager who worked for Alex McGrory at his Big Fish Office before he changed his name to Alec MacLaren said Aex's letters and E Mails were generic and nothing in print was original.Take time to read the two presentations on his Slideshare and you might have a laugh, but you definitely will agree.


Constituents of the Big Fish Action Group are contacting people all over the World who lost money investing with the companies named in the Parmafey pissedconsumer review with the hope they will join them in a mass complaint to the authorities.

to Anonymous #1439649

Interesting information is available if investors who lost money with Parmafey Google: "Stephen Mullan LinkedIn Parmafey International". Stephen is an ex employee of Parmafey and he says the Company targeted ex pat investors outwith the EU.Stephen like many other former short term Parmafey employees, he only worked for the Company for a year and similar to Fiona, Aidan and Mark he may have tried to have this employment removed from his LinkedIn CV.A "Consultant" from Parmafey would hire a Hotel Suite in Zurich and Oman or wherever to meet prospective Clients and discuss their investments.

It would seem that no expense was spared.This could explain why the Business Fraud Police in the UK have difficulty investigating offshore complaints about losing money in a Company allegedly registered in Belize. This can be done online.It does not explain why two UK and BVI investors in Big Fish have been waiting patiently for the Authorities to act.The Times last week reported that £1M is lost every week in the UK by people investing their pensions every week by using scam companies registered off shore.

to Anonymous #1440458

Stephen Mullan in working for only a year for Parmafey sounds familiar and Parmafey's owner Alec MacLaren when he was known as Alex McGrory, had numerous short term employees in the Big Fish Glasgow Office. Even three of his closest relatives lasted less than a year.


Parmaserv Ltd who once operated from Hydepark Business Centre in Glasgow in an office next to Allan Cannings Balquidder Advisers (dissolved) could also be dissolved for late accounts. The last post to Companies House gave Alec MacLaren's address as Indonesia. Perhaps his neighbours in Deina in Spain and in particular an investor who lost a lot of money might dispute this information?

to Anonymous #1419044

Correction and Balquidder is not Dissolved as yet, but more than likely it will be very soon after the recent Companies House strike off threat in January 2018 which is their second strike off threat ever since it was Incorporated in January 2015.

This time the problem might be overdue accounts and or the fact that the bankrupt Allan Canning was replaced as the Company's Secretary/Director with a Corporate Secretary/Director namely Parmaserv Ltd.

According to a change of particulars file at Companies Alec MacLaren is in Indonesia. An investor in Spain said MacLaren still lives in Deina near Alicante.

Companies House rules state that a Company must have a named person as a Director and to operate with only a Corporate Directory is illegal. Alex McGrory alias Alec MacLaren is the only surviving Director of Parmaserv Ltd who office shared with Balquidder in Glasgow and he should know this.

Companies House who have no powers of investigation know that Alec MacLaren has broken their rules before and they have been alerted once again.

Surprise, surprise Balquidder's only filed accounts for 2 years of trading showed a net worth of £100. Is this just another one of many shell companys?

to Anonymous #1425097

Allan Canning who was declared Bankrupt is the only shareholder in Balquidder Advisers Ltd and its possible he hasn't informed the Accountant in Bankruptcy about his £100 Company as being an asset?

If its illegal for a bankrupt to be a Director of a Ltd Company then surely it must put into question why a bankrupt person can own a Ltd Company.

The Companies House Strike Off Notice for Balquidder Advisers Ltd has recently been suspended and it should become obvious why this has happened.

In a "Companies House Confirmation Statement" CS01 for Balquidder Advisers Ltd within the page for "Persons with Significant Control" Parmafey Ltd is named with an address in Limassol Cyprus. Parmafey Ltd is registered in Belize.

Its worth noting that the only remaining Director in Balquidder Advisers Ltd is Parmaserv Ltd with connections to Alec MacLaren.

According to a Companies House file for Parmaserv Ltd Alec MacLaren is living in Singapore, but someone who knows his family reported that he was still living in Spain.

to Anonymous #1425224

The original review in this website in May 2016 named Parmafey, Balquidder and Parmaserv and its no surprise that the most recent comment links all three Companies from information available from Companies House Files.

to Anonymous #1428347

From information in the Companies House Webcheck it could well be that Parmaserv Ltd have been issued with a strike off warning because of late submission of their accounts.

The accounts for the 2014 and 2015 financial years ending in each January were filed at Companies House each October. i.e.

9 months after the financial year end.

The accounts for the year end January 2016 have not been filed which is 27 months after the last accounts were filed on time in October 2015 for the financial year end in January 2015.

Companies House (CH) have no powers of investigation before or after they post a strike off warning in the Gazette if they decide to remove the Company from the Register.

It looks like CH are not paying attention to their own rules, but they have been warned a number of times before about Alec MacLaren and his late filing for previously dissolved Companies and other non compliance issues. He is allegedly in Indonesia according to his change in particulars filed at CH, but there is some doubt about this.

The bottom line is there have been 26 posts to CH files for Parmaserv Ltd since its incorporation in 2013 but the net worth of the Company has not altered from the negative £114,458 in the 2014 accounts.


With less than two hours to go to midnight Mass two good Catholic families will be trying to forget their relatives who have cost countless innocent people a fortune and their pension pots at the wrong time of their life.

Will the black sheep of their families care? Definitely not because they have no conscience, but watch this space !!

to Mary Keeps #1411842

Two hours plus to go until 2018 and the investors who lost money in Detafund via a Barclays account are hopeful that this will be the year that the wee man's bankrupt accomplice with connections to Balquidder (since liquidated) and Parmaserv at the vacated Hydepark Business Centre will see sense and be instrumental in bringing matters to a conclusion.

to Anonymous #1412355

Interesting that Parmaserv which sounds like Parmafey still remains in "business" despite two strike off threats from Companies House.

This company operated for some time in our Hydepark Business Centre in Glasgow in an office next to the office of Allan Canning's Balquidder Advisers, who have since dissolved.

Similar to Alec MacLaren he was at one point in time a Director and Secretary in Parmaserv. However, it has been known for false information to be posted to Companies House (CH) and accepted because CH have no powers of investigation.

It's typical of Alec MacLaren over the past ten years to have a myriad of Companies and Home Addresses. His Parmafey company is allegedly registered in Belize and according to a Companies House CHO1 document dated June 2017 he has a personal address in Singapore.

More than likely he remains in Deina in Spain and living at a new address not far from his previous address.

Twenty four Parmaserv documents at a cost of £1.00 each can be accessed using the Companies House Webcheck. The accounts are overdue again, but the previous two "trading" accounts posted to Companies House had a negative net worth of £114,458. The latest accounts posted to Companies House are for 2014/2015, but the 2015/2016 accounts are well overdue.

The Companies House DISS40 Document dated May 2017 has not been implemented as yet.

Allan Canning resigned from office in Parmaserv Ltd on or around the time he was declared bankrupt.

As a bankrupt he can't be a Secretary in a Ltd Company. Alec MacLaren remains as a Director.

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