A YOUNG entrepreneur posed with his brand new Porsche just two months before speeding at almost double the limit near a Poole school.

As reported in the Daily Echo, Mitchell Stuart, the founder of Bournemouth-based social media company Inferno Media, was banned from driving for a month this week by magistrates.

The 21-year-old was rushing to a meeting when he was caught driving at 55 mile per hour in Lilliput Road shortly before 3pm on Tuesday, June 5.

Stuart was stopped by Special Constable Kier Dagnall, who works as a delivery driver alongside volunteering for the police. SC Dagnall has previously been recognised by Dorset Police for giving more hours of his free time to the force than any other volunteer.

Stuart told a court on Monday he would be “screwed” without his car as his company is in arrears and he is facing bankruptcy. However, magistrates said he needed a “short, sharp shock” after hearing he already has six points on his licence.

Just weeks before committing the offence, Stuart was pictured posing with the Porsche 911 for a national newspaper article about how he spends his money. He told a journalist he prefers to travel by private jet and spends two weeks of each month travelling the world.

The defendant, who lives in a £1.1m home in Brudenell Avenue, Sandbanks, is the son of company director Graham Stuart. Mr Stuart leads Britannia Parking Management Services, which is based at County Gates.

The business provides multi-storey, underground, airport, surface and temporary car parks for a range of clients, including Waitrose and brewery Greene King.

Mr Stuart is also the director of companies Jamme Investments Ltd, 555 Investments Ltd and Thistle Parking Ltd.

During his son’s court hearing, it was heard Inferno Media is in some £50,000 of arrears.

According to the annual report and unaudited financial statements for Inferno Media for the year ending December 31 2017, the company has net liabilities of £15,599 for 2017. In 2016, the figure was £59,622.

Inferno Media is based in This Workspace in Richmond Hill. The business offers social media marketing on platforms including Facebook and Twitter. Its clients have previously included FJB Hotels, Aruba, Westbeach and Rock Recruitment.

The Daily Echo visited This Workspace yesterday in a bid to speak to Stuart. He was not at the address.

However, during the hearing, he said he had recently taken a new job at Bournemouth company 4Com as Inferno Media needs a “cash injection” to “keep the doors open”. 4Com will end his contract if he cannot drive, he said.

“I am 21 years old and I am trying to help the people around me,” Stuart told the court.

“I don’t have anyone around me who can pay for me to stay with 4Com.”

Stuart was also fined £816.