Sports Car Files
Having Claimed He Spent His Company’s Barclays Bounce Back Loan Paying Off a Personal Loan and Buying Himself a Car Director a Gets Slapped with a 9 Year Ban
The Company Director named in this case is today, the 5th of June 2023 starting a 9-year ban for not using his Company’s BBL for the benefit of his business and not being eligible for the BBL in the first place. […]
For Getting a £50k Bounce Back Loan from Barclays When Not Eligible and Spending it on Paying Off a Loan and Buying a Car a Director is Given an 11 Year Ban
A forensic check of the accounts of this Company soon revealed it was not eligible for a BBL and the Director who is now starting an 11 year ban did not use it for the benefit of the business. […]
After Blagging a Bounce Back Loan For His Company That Wasn’t Even Trading, Transferring it to Himself and then Buying Two Range Rovers and a Van With the Money a Company Director is Given a 12 Year Ban
You can never have enough Range Rovers I suppose. Here is the background story that has led to the Company Director named being given a 12 year ban […]
Bagging Two Bounce Back Loans for His Single Company and Using the Funds for Spending in Romania, Egypt, Supermarkets and on a Car Leads to an 11 Year Disqualification
You need to login to view this content. Please Login. Not a Member? Join Us
Not Using Their Company’s NatWest Bounce Back Loan in Full For the Benefit of the Business and Instead Splashing Out on New Cars Not Listed as Company Assets Sees Co-Directors Being Given 6 Year Disqualifications
Having taken the Insolvency route with a £50k Bounce Back Loan still owing, it was discovered that the Co-Directors named below had splashed out on two new cars, which were not listed as Company assets. […]
Three Sole Traders Hit with Bankruptcy Restriction Orders for Bounce Back Loan Wrongdoing Such as Using Those Loans For Personal Benefit Including One Who Splashed Out on a New Car and Over-Egging Turnover
Here is the latest rollcall of three Sole Traders who have been found to have committed some form of wrongdoing with their Bounce Back Loans and have been given Bankruptcy Restriction Orders (BRU’s) as punishment. […]
Applying for and Getting a £50k Bounce Back Loan from Starling Back for a Dormant Company and Buying a Couple of Cars with the Proceeds and Leaving the BBL Owing at Insolvency Lands Company Director with a 6 Year Disqualification
Buying a couple of cars for private not business use using funds from a £50k Starling Bank Bounce Back Loan which were acquired for a dormant company with no turnover, lands Company Director with a 6-year disqualification. […]