Parmafey Int & Balquidder Advisors

Update added by user Jul 15

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

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:

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  • What I liked
      No items
  • What I disliked
    • Being ripped off

Reason of review:
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Full refund
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Deta Fund
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Professional Services
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13 hours ago #1232941 Crewkerne, Somerset

Google: "how rogue financial advisers in Spain stung British Pensioners" and the investigative journalist Katie Morley of The Telegraph could also be interested in the stories of investors all over the World who lost money investing with Alec Maclaren from Javea in Spain or Allan Canning from Clynder Nr Helensburgh in Scotland. Katie's contact E Mail address is

2 0 Reply

1 day ago #1232362 Crewkerne, Somerset

Parmaserv Ltd was worth minus (£115,778) in their 2015 accounts lodged at UK Companies House. Parmaserv Ltd had registered Parmafey Ltd at Companies House as being a Director. Parmafey is not a Ltd Company and therefore it's accounts are not available from UK Companies House.
The names Deta Trading Ltd and DETA are in an alleged welcoming pack for a £10,000 investor, but Deta Trading Ltd dissolved in 2008. There were instructions in the pack for the Investor to pay money into Barclays Bank Plc London in the Account name of DETA TRADING. Something funny was going on??

4 0 Reply

22 hours ago #1232704

The Deta Fund pack to a £10,000 investor can be viewed on Google at [pdf] Parmafey -] on the same menu page as this website. The pack is controversial and there are obvious lies. For some reason when the 6 pages are printed some of the information is missing. Deta Trading Ltd is mentioned three times, but this Company was dissolved by UK Companies House in 2008. In the Funding Bank Details the Account Name is "DETA TRADING" and note the omission of the LTD. Investors who lost money and who have complained to Police Scotland's Business fraud Division at the Crime campus in Gartcosh should draw their attention to this welcome pack and the anomalies. More news to follow regarding the Balquidder advertising material.

3 0 Reply

2 days ago #1232110 Alicante, Valencia

According to Alec’s website he is about to open an office in Jakarta! Maybe Spain has become too hot for the wee man and he is spreading his wings in the Far East?
Also it still states that Balquidder are the representatives of Abana Lda, but as a journalist was told by Abana that Balquidder/Parmafey and Parmaserv where no longer authorised to have that on their website! So more and more lies and misleading by these pair Alac Maclaren/Alex Mcgrory and Alan Canning

3 0 Reply

22 hours ago #1232708 Crewkerne, Somerset

Alec's life is a lie and Jakarta will be another Porky because caught stealing over there he would risk a hand amputation or something like that. We are surprised he remains in Spain. No doubt about it Abana have severed all connections and this is in an E Mail to a scammed investor. Only a matter of time before the man feeling the heat will be Allan Canning in Cromrach House, Clynder in Scotland. From a good family he must realise by now that he is out of his depth.

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Oct 20 #1229740 Edinburgh, Edinburgh, City Of

93 comments so far and less than 5 are positive. So much for Alec MacLaren's quote in a website about the origin of the Parmafey name and how it means "by my faith". Allegedly this is a 14th Century oath which means "in good faith" and he says that is how Parmafey operate. Oh really Alec ?? You are having a laugh, but your investors are saying loud and clear you can't laugh forever.

10 0 Reply

Oct 21 #1229907 Doha, Doha

I guarantee that the positive comments where written by Maclaren/McGrory! I have personally spoken or been in email communication with over twenty people that Maclaren/McGrory and Canning have ripped off! They have used some fantastically bad excuses for why they have not paid myself what they owe me!
Here are the top five!
1)We’ve sent the funds to your account, not sure why they are not showing, we will check and get back to you!
2) We send the funds on a five day transfer value! The funds will be there!
3) The company bank account has been closed, not sure what’s happened, we will get back to you!
4) We have changed our internal and external payment regulations; this will just take a little time to straighten out payments to clients! 5) (Alan) Alec deals with all external payments to clients! (Alec) Alan deals with all external payments I am in no doubt that I will never get the money that these two owe me. But I can help make it more difficult for them to rip anyone else off.

10 0 Reply

Oct 21 #1230264

The scammed investor from Doha said more than 20 people made contact and they said they were all given the same excuses about their missing investment monies from MacLaren/McGrory and Canning. An Action Group E Mail address will be made available soon with the objective of coordinating these latest complaints with earlier complaints from other scammed investors in Muscat Oman for presentation to the Authorities. If MacLaren/McGrory's Big Fish dissolved investment scheme is anything to go by it's unlikely the investors this time around will get one penny of their money back. Forget Allan Canning because Alec MacLaren has already dropped him in it big style by stating in a letter to a potential investor from Singapore that he has been taken over by Balquidder. The "potential investor" in reality was set up as a ringer to do a favour for his friend a disgruntled employee of Allan Canning in the Glasgow Office. Canning owns Balquidder 100% and its only worth £100 with no trading accounts so work it out !! Keep on disrupting their businesses to prevent other innocent people suffering the same grief.

9 0 Reply

Oct 22 #1230494

As a consultant to an investor who lost his entire retirement savings, my first impression of Allan Canning was the man is just another Patsy for Alec MacLaren. Other opinions suggest otherwise, but only time will tell and some of his friends at Pipeworks in Glasgow might know. When the heat from investors was on at Canning's Glasgow Office (now vacated) he couldn't take the pressure and he gave angry investors MacLaren's home telephone number in Javea in Spain. If my first impression is correct I think its long overdue that Allan Canning contacts the authorities to contradict Alec MacLaren's statement he made in a promotional letter to a prospective investor. MacLaren said his business had been acquired by Balquidder a £100 company which is 100% owned by Allan Canning according to files at the UK Companies House. However, we all know about Maclaren registering false information to Companies House and the Balquidder Adviser Ltd name could have been inspired by MacLaren. The Scottish village of this name with an "h" in the middle, is the ancestral home of the MacLaren Clan. According to Alec MacLaren when he was known as Alex McGrory anyone with his surname or a deviant of the name like McCrory is a sub clan member of the MacLaren Clan. There's certainly no bigger deviant than little Alec for those of us who were close to him or employed by him !!

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Oct 14 #1227039 Edinburgh, Edinburgh, City Of

Former employees of Parmafey Int and Balquidder Advisers Ltd have been posting information about their trading methods and an owner's attitude towards his gullible investors and this will gather momentum. It's obvious from the posts that Allan Canning is out of his depth, which supports the statement in a letter from Alec MacLaren to a "prospective" investor that Canning the sole owner of Balquidder Advisers Ltd a £100 new start company has acquired his Company. What Company would that be? Parmafey Int is only a brand name, but Alex McGrory alias Alec MacLaren might want to prove otherwise.

14 0 Reply

Oct 16 #1227704 Abu Dhabi, Abu Dhabi

Couple of complete fraudsters.... what goes around.....

12 0 Reply

Oct 20 #1229528 Edinburgh, Edinburgh, City Of

The comment about the "complete fraudsters" also said: "what goes around comes around". This will happen sooner rather than later for the fraudsters who won't like it because the investors have formed an Ad Hoc Action Group with help from former disgruntled employees of the fraudsters. Their information has been invaluable and watch this space for further news !!

10 0 Reply

Oct 09 #1224334

Who would have thought that a little old man with a carbon bike at the starting line of TRAT "the race against time" Lands End to John O'Groats cycle tour was the infamous middle aged Scotch financial advisor, investment genius and money illusionist Alex McGrory alias Alec Maclaren. TRAT was to be his attempt at a spectacular back to back double after his alleged Fireflies Tour of the Alps, but no one remembered him not even the tour photographer. The former Marathon runner for the Stroke Association never made it to John O'Groats according to the Tour's website at that time, but his Missus in Spain posted a big congrats to the team and her exposure alerted the Big Fish Creditor's Action Group to his whereabouts. Maybe the Group already knew where he was and that could be why he left TRAT early?

19 0 Reply

Oct 11 #1225251 Leven, Fife

Alec in the T RAT team gave us all a laugh. His Wife posting on social media her congratulations to the team less her Alec was her second gaff and her first was a post congratulating a Paintball Centre in Javea. This alerted our Action Group to where they are living.

17 0 Reply

Oct 06 #1223361 Perth, Perth And Kinross

Someone in a reply to a comment suggested that the last owner of Great Prints could be nominated to be the statutory "natural person" as a Director of Deta Green Technologies. Great Prints Ltd was incorporated on 29/12/2004 and incredibly there are 21 files for this non trading company at Companies House with only two sets of Dormant Company accounts available. There were many Directors and Secretaries coming and going and changes of addresses, but no trading accounts. It was struck off by Companies House and dissolved in 6/8/2008 which is typical of the many companies linked to Alex McGrory alias Alec MacLaren. More smoking mirrors perhaps?

22 0 Reply

Oct 08 #1224018 Cupar, Fife

Smoking mirrors is an appropriate explanation of Great Prints owned by Mandy McGrory/MacLaren and it being struck off and dissolved by Companies House. The last Director registered for this Company was an employee in Alex McGrory/Alec MacLaren's Big Fish Glasgow Office and like others before him he was totally unaware that his identity had been stolen. It will be very interesting to see who is appointed as the "Natural Person" to be a Director at Deta Green Technologies i.e. whenever Companies House forces the owner to comply with the statutory obligations.

19 0 Reply

Oct 05 #1222801 Kirkcaldy, Fife

The previous comment mentions Jestor Consulting Ltd which looks like another one of Alec's anonymous "Joke was on everyone" companies. It wasn't registered in the UK and just like Parmafey Ltd it probably wasn't registered anywhere. It will be interesting to find out who Alec nominates as the "natural person" Director in his Deta Green Technologies now that it has been exposed as only having a Corporate Director.

22 0 Reply

Oct 05 #1222936 Kirkcaldy, Fife

Interesting indeed and could it be that Alec nominates Allan as the next Director in Deta Green Technologies Ltd?

22 0 Reply

Oct 06 #1223167

The nomination to be the Natural Person as a Director in Deta Green Technologies could be the owner of Great Prints since dissolved.

22 0 Reply

Oct 05 #1222755

Alec MacLaren as a Director used a false home address to incorporate PIC International Trading Ltd on the 17th Nov 2009. When Alec resigned as a Director on 2nd Feb 2010 PIC operated illegally with only Jestor Consulting "Ltd" as a Corporate Director. Alec on 15th Dec 2010 appointed his office colleague in Kazakhstan as the essential "natural person" as a PIC Director to make it "legally" compliant. The appointment was made after Companies House agreed with a Private Investigator it was illegal for PIC to operate without a "natural person" as a Director. PIC after the appointment was compliant with the exception of the false home address. However did his employer in Moscow know that PIC was competing against his Company when he was paying their wages and expenses? Alec's boss found out from his Client's in Kz and fired him, but it looks like Alec never told his colleague in Kz that PIC was struck off and dissolved on the 8th April 2014. This man's LinkedIn quite incredibly states today that he remains as the Managing Director for PIC International after working for the Company for six years and ten months. PIC was in business for almost five years but it posted only two Dormant Trading Accounts to Companies House, before CH struck it off and dissolved it on the 8th April 2014 for late accounts. The question is where did the £300,000 shareholder's funds go? Alec's latest Deta Green Technologies Ltd is also operating illegally with no "natural person" as a Director and it has... Show more

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