News Ticker
  • [ August 1, 2025 ] Ian Terry Mayhew, Director of Kauffee Ltd Slapped with a 10 Year Ban for Blagging a £50,000 Bounce Back Loan – His Business Couldn’t Have Been Impacted by Covid and the BBL Didn’t Benefit His Business as It Hadn’t Commenced Trading and He Paid the BBL Funds to Another Company The Disqualification Files
  • [ August 1, 2025 ] Ismail Khali Khail the Director of Popeyes Pizza and Chicken Ltd, from Afghanistan, Sticks Two Fingers Up at the Hospitable British Nation by Blagging and Not Paying Back a £48,000 Barclays Bounce Back Loan and Gets a 10 Year Ban The Disqualification Files
  • [ August 1, 2025 ] Filing Dormant Accounts and Refusing to Supply Details of How He Arrived at His Estimated Turnover Figure of £207,000 Used to Blag a £45,000 Metro Bank Bounce Back Loan, Leads to Direncan Kaygisiz Director of Koca London Limited Getting a 9 Year Ban The Disqualification Files
  • [ July 31, 2025 ] What is the Minimum Monthly Amount I Can Offer to Repay a Defaulted Bounce Back Loan? Read What the Rules Are and How Lenders Must Handle £1, £10, £25 (or Any Other Small Amount) Monthly Repayment Plans Plus, View a Copy of a Standard Income/Outcome Form Summer of Love
  • [ July 31, 2025 ] Rajbir Singh Sandhu, Director of Tandoori Touch Limited Hit with an 8 Year Ban for Blagging a £50,000 Bounce Back Loan for His Company That Wasn’t Eligible for a BBL as It Wasn’t Trading on the 1st of March 2020, as Required by the Rules of the Scheme The Disqualification Files
  • [ July 31, 2025 ] Mohammed Masoon, Director of Blue Burton Limited Given a 9 Year Ban for Blagging a £50,000 Barclays Bounce Back Loan by Over-Estimating His Estimated Turnover, That He Was Permitted to Estimate, and Then Misusing the BBL Funds The Disqualification Files
  • [ July 31, 2025 ] Shahid Noor Shaikh, Director of I Trade Motors Limited Slapped with an 11 Year Ban for Blagging a £50,000 Barclays Bounce Back Loan for That Company Which Wasn’t Eligible for a BBL, Over-Egging Turnover and Misusing the BBL Funds The Disqualification Files
  • [ July 29, 2025 ] Lionesses To Take Euro Victory Celebrations Onto The London Streets Gambling
  • [ July 29, 2025 ] Mohammed Saqib Choudrey, Director of Ironically Named “Legit Limited” Slapped with a 10 Year Ban That Starts Today the 29th of July 2025 for Blagging a £50,000 NatWest Bounce Back Loan for that Company Which He Bought Off the Shelf, and Transferring the Money to Himself The Disqualification Files
  • [ July 29, 2025 ] Jamil Asghar the Director of J A (Harrogate) Ltd, Hit with a 9 Year Ban Which Starts Today the 29th of July 2025 for Over-Egging His Company’s Turnover to Blag a £50,000 Bounce Back Loan from Barclays Bank The Disqualification Files
  • [ July 28, 2025 ] Chloe Kelly’s Unique Finish Seals Euro Glory for England Gambling
  • [ July 28, 2025 ] For Those of You In Strike Off/Dissolution Limbo Land, This is for You – “The Government Must, UNTIL it is Satisfied that a Company Can’t Repay or at Least Partially Repay its BBL Balance, Raise an Objection with Companies House to Prevent the Dissolution of any Company” Limbo Land
  • [ July 26, 2025 ] Napapon Fitzmaurice of Whitfield Avenue, Paddington, Warrington and Melanie Elizabeth Foster of Leeward Road, Rochester Slapped with a 9 Year and 7 Year Bankruptcy Restrictions Orders Respectively for Each Blagging a Bounce Back Loan The Disqualification Files
  • [ July 26, 2025 ] Sean Ronnan the Director of Western Isles Insulation Ltd Slapped with a Lenient 6 Year Ban for Blagging a £50,000 Bounce Back Loan The Disqualification Files
  • [ July 24, 2025 ] Edward Lawrence the Director of LMK Transport Limited Slapped with a 10 Year Ban for Blagging a £50,000 Barclays Bounce Back Loan by Over-Egging His Company Turnover The Disqualification Files

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Home2021May

Month: May 2021

Rishis Rancid Racket

The Chances of You Getting a Recovery Loan with Ulster Bank Are as Low as With All Other Banks

May 3, 2021

The criteria and rules for applying a Recovery Loan with Ulster Bank are much the same as with their sister banks those being NatWest Bank and the Royal Bank of Scotland, and it has become very apparent not many SMEs are being unsuccessful at getting one of those loans with all three banks, in fact most SMEs are not even attempting to apply. […]

Rishis Rancid Racket

Bank of Scotland Follow Lloyds Bank in the Design of Their Recovery Loan Facility

May 3, 2021

No major surprise to learn that Bank of Scotland are taking an identical approach to Recovery Loans as Lloyds Bank and as such this is what you will be faced with if you wish to apply for one of those hard to get Government Guaranteed (80%) loans with the former named bank […]

Rishis Rancid Racket

Royal Bank of Scotland (RBS) Recovery Loan Facility Designed to Reject as Many SMEs As Possible

May 3, 2021

Much like all other banks and lenders that are part of the Recovery Loan Scheme, RBS that being the Royal Bank of Scotland have designed their facility to reject as many SMEs as possible and push them towards their own range of loans instead. […]

Rishis Rancid Racket

NatWest Admit the Government Guarantee Fee They Pay May Not Reduce the Cost of a Recovery Loan for Applicants, Which Is Puzzling As That Fee is Negligible

May 3, 2021

One of the worst banks to have a Bounce Back Loan with is of course NatWest, having seen so many complaints about the way they treated SMEs regarding those loans, snatching them back, closing accounts etc. I am sure plenty of you will be wary about applying for a Recovery Loan with them. […]

Other Updates

HMRC Employees May Suggest You Call the Samaritans When You Get Totally Frustrated with Their Utter Incompetence

May 3, 2021

I was contacted yesterday by someone who had been led a merry dance by incompetent HMRC staff and had been told lie after lie when phoning them up and chatting to them via instant chat regarding getting an SEISS related problem sorted out. Low and behold during one of their live chats with those muppets they were told to contact the Samaritans. […]

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    May 15, 2025
Latest BBL News Stories
  • Ian Terry Mayhew, Director of Kauffee Ltd Slapped with a 10 Year Ban for Blagging a £50,000 Bounce Back Loan – His Business Couldn’t Have Been Impacted by Covid and the BBL Didn’t Benefit His Business as It Hadn’t Commenced Trading and He Paid the BBL Funds to Another Company
    August 1, 2025
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