Year: 2022

Two Yorkshire Bank, one HSBC Bank and a TSB Bounce Back Loan totalling £200,000 have all turned sour and been left unpaid at liquidation in today’s case, which, due to the reasons outlined, including massively over-estimating turnover, resulted in a Company Director who applied for all four of them for his four businesses and left them unpaid at liquidation getting an 11-year disqualification […]

Have a read of this case, as the outcome of a 4-year disqualification looks very lenient all things considered. […]

Those who took out a Bounce Back Loan and overstated their turnover and took the insolvency route are the easiest people to go after and find, and they really are waiting to have their collar felt so to speak, and this is another of those cases which saw a Company Director given a 9-year disqualification. […]

The number disqualifications continue to increase as does the number of Bounce Back Loans that have not been paid back, and here is a case revolving around an HSBC BBL which saw a Company Director slapped with a 4-year ban. […]

This is another case resulting in a 6-year Director disqualification in which no firm facts can be established due to a Company Director not maintaining and/or preserving, and not delivering adequate accounting records. […]

The slapping given out for Bounce Back Loan wrongdoing continue apace, and here is the case of a NatWest BBL that will be heading for the guarantee and a 10-year disqualification handed out. […]

A whole host of wrongdoing was uncovered in this case, which has seen two Co-Directors slapped with 9-year bans, and a £17,500 Bounce Back Loan heading for the guarantee claim. […]