August 2023 - Page 12 of 21 - Mr Bounce Back - Bounce Back Loan News - Updates

Having Got a Bounce Back Loan From Barclays and Starling Bank For His Company and Saying His Company Accounts Were Destroyed, a Company Director is Given a 7 Year Ban

August 15, 2023

This case revolves around not one but two Bounce Back Loans, and as you will see, for the reasons outlined, the Director is today starting a 7 year ban. […]

Man Approached to Become a Director of a Company and He Agrees to, That Company Then Gets a BBL and Doesn’t Repay it, The Department for Trade and Business Secures a High Court Order to Wind it up and the Director Gets a 3 Year 6 Month Ban

August 15, 2023

One of the much more unusual cases of BBL wrongdoing, the Director named is today starting a 3 year 6 month ban for BBL related wrongdoing. Interesting to note it was BEIS now the Department for Trade and Industry that secured the order to wind up the Company. […]

Building Development Company Director Slapped with a 12 Year Ban for Over-Egging Her Turnover to Get a NatWest £50k BBL and Her Co-Director Tells the Liquidator It Was Spent on Living Expenses

August 15, 2023

Here is the story behind the 12 year ban given to the Company Director named. […]

Slough Based Food Centre Director Given a Lenient 4 Year Ban As He Failed to Supply Any Accounting Records to the Liquidator Who Therefore Could Not Prove or Disprove Any Wrongdoing With a Barclays £50k BBL

August 15, 2023

Not supplying the Liquidator with accounting records often leads to a Company Director getting a much lower length Director ban if there are questions remaining around a Bounce Back Loan left unpaid. […]

Croydon Based Director Given a 13 Year Ban for Blagging a £50k Santander Bounce Back Loan Then Transferring it to Himself and Not Using it for the Business

August 15, 2023

This case is one of the more hefty Director disqualifications that are given out for BBL associated wrongdoing. […]