Month: October 2021

The Disqualification Files

Three Company Directors Hit With 6 Year Disqualifications When Winding Up Their Companies for Using Funds From 2 Santander BBLs Worth £23k and £29k and a Lloyds Bank BBL Worth £25k For Personal Benefit

October 13, 2021

Energy guzzling businesses are now being promised some form of Government backed loan to help them survive over the Winter, whether any additional help for SMEs will be forthcoming regarding BBLs or even a new loan scheme, we should know on the 27th of this month, but don’t hold your breath. Today I bring you news of three more LTD Company Directors all hit with a 6 year disqualifications for using funds from their BBLs for personal benefit.   […]

The Disqualification Files

Company Director Gets a 9 Year Disqualification Upon Winding Up Business for Obtaining a Starling Bank BBL Worth £25k and a £25k Top Up When It is Revealed His Turnover for 2019 Was Zero and He Used BBL Funds for Personal Benefit

October 12, 2021

It will be later this month on the 27th of October that Rishi Sunak will give his Autumn Budget and it will be then we will know if any changes to the BBL scheme will be made, just in time to help those who took the6 month repayment holiday PAYG BBL option. Today I bring you the story of another Company Director hit with a 9 year disqualification related to a Bounce Back Loan. […]