Month: October 2023

The Disqualification Files

Taking the Liquidation Route Proves to be the Undoing of a Company Director, As That Uncovers He Over-Egged His Turnover to Get a £33k Barclays BBL and Sent the Money to a Third Party – He is Today Beginning an 11 Year Ban With the Liquidator Abandoning Any Recovery Action on the Company Debts

October 3, 2023

The Liquidator in the following case, as you will see, decided it would prove too costly to try and recover any funds owed by the Company and therefore have abandoned attempting to do so. […]

The Disqualification Files

11 Year Ban Slapped on Southampton Based Company Director for Over-Egging His Turnover to Get a £50k Bounce Back Loan, Transferring the Money to Himself Then Successfully, But Without Telling His Creditors, Dissolving His Company

October 3, 2023

I will let you know when I know whether the Company Director named in this case gets taken to court and possibly jailed for breaching Section 1006 of the Companies Act 2006 or whether the powers that be have decided it is not in the Public Interest to do so. […]

The Disqualification Files

Claiming His Business Turnover was £100k to Blag a £25k Bounce Back Loan from Santander When the T/O was Just £39,082 Sees a Company Director Hit with a 10 Year Ban – Liquidator Confirms No Further Action to Recover Funds as the Bank and “BBL Bounty Hunters” are Unwilling to Fund It

October 2, 2023

Here is a deep dive into the background of this case, including what the Liquidator has said. Both the Bank and two Litigation Funders, who I call BBL Bounty Hunters are unwilling to fund recovery of funds owed. […]