Having Repaid £46,305 of their Company’s Funding Circle CBILS and RBS BBL Richard James Wood and Charles Andrew Wood the Directors of XCEL Interiors Limited Get a 3 Year 6 Month and 4 Year Ban Respectively as They Never Repaid Their BBL in Full After Getting the CBILS Loan
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Corruption Commissioner
HMRC, Cabinet Office and the Department of Business and Trade Have Now Flagged Bounce Back Loan Recipients Whose Actual Turnover Didn’t Match Their BBL Application and/or LTD Companies Who Were Not Registered for VAT But Declared a BBL Turnover Figure That Required VAT Registration