The Disqualification Files Archives

For Claiming His Company Turnover Was £200,000 to Get a £50k Bounce Back Loan From Barclays When That Turnover Was Actually £132,390, a Company Director Get Slapped with a 10 Year Ban

November 23, 2023

Here is yet another case of over-egging turnover to obtain a Barclays Bounce Back Loan and a look at why the Director ended u with a 10 year ban. […]

Oldbury Based Company Director Could Now Be Facing Jail for Blagging a BBL and Signing a DS01 Not Long After His BBL Application and After Transferring the BBL Funds Out of His Business Account, He Is Also Today Starting an 11 Year Ban

November 22, 2023

Based on many previous cases that go before a court, if the Insolvency Service decide to prosecute the Company Director named, if he did not alert his BBL Lender he was putting in an Application to Strike Off a Company’ Notice (DS01) at Companies House, then he could be jailed. They may not do so though if it is not in the Public Interest. […]

Heathfield Director Possibly Celebrating His Modest 6 Year Ban Given to Him for Using His Company’s Barclays Bounce Back Loan for Personal Benefit and Trading to the Detriment of HMRC – Liquidator Happy to Accept £10,000 To Settle the £275,709.03 He Owes

November 22, 2023

Here are the details of this case along with what the Liquidator has said and agreed to. […]

Hartlepool Based Director Slapped with a 10 Year Ban As He Over-Egged His Turnover to Get a £20,000 Santander Bounce Back Loan Then Transferred the Money To Himself, Leaving It Unpaid at Liquidation – The Bank Did Manage to Snatch Back £36.20!

November 22, 2023

Here are the finer details of the following case involving a Santander Bounce Back Loan, which resulted in a 10 year ban for the Company Director named. […]

Barclays Secure a High Court Winding Up Order Against a Company Due to Its Director Submitting Dormant Accounts, Proving That Business Was Not Eligible for the £50k Bounce Back Loan It Got – The Director, Over a Year Later, Has Been Given a 10 Year Ban and The BBL Bounty Hunters are Circling

November 21, 2023

Here are the details of one of the 120 or so Companies that have been wound up due to Barclays sussing the Director blagged a BBL from them. Many more Companies are about to be taken to the High Court by Barclays. […]