Year: 2022

Having incorporated his Company in 2019 the Company Director in today’s case would have been allowed to estimate his turnover, however he has just been slapped with a 6-year disqualification for overstating that estimated turnover and not using the BBL in full to benefit his Company. […]

With some hefty disqualifications being handed on to those who take the Insolvency route with their LTD Companies when there is a Bounce Back Loan involved and wrongdoing is uncovered, I have seen quite a number of Directors fail to preserve and/or maintained adequate accounting records, or in the alternative, fail to deliver up adequate accounting records to the Liquidator  in the hope they get a lower ban. Here is a case in which a Director has just been given a 7 Year disqualification, and […]

The list of Company Directors being given disqualifications for all manner of wrong doing is now growing daily, and here is yet another one which resulted in a six-year disqualification, and as becoming more and more regular, there is a Bounce Back Loan involved. […]