close a limited company
The Disqualification Files

11 Year Ban for Over-Egging His Company’s Turnover to Blag a £50k Barclays Bounce Back Loan, Not Using it for the Benefit of His Business and Leaving it Unpaid at Liquidation

If you got a Bounce Back Loan and did anything wrong when applying for it or when spending it, similar to the things the Company Director named in this case did, and take the insolvency route then you will end up with a ban, for the Insolvency Practitioner is legally obliged to forensically check every aspect of the BBL. […]