Sports Car Files
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
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Sports Car Files
Sports Car Files
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. […]
Sports Car Files
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. […]
Premium Content
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. […]