The Disqualification Files Archives

Having Secured a Lloyds Bank BBL by Over-Egging Her Turnover, a Director Transfers it to an Associated Company, the Money Mysteriously Vanishes and That Company then Gets Dissolved, She is Today Starting a 10 Year Ban

July 31, 2023

The Insolvency Practitioner liquidating the Company named in this case, discovered all manner of wrongdoing after following the money trail, which ultimately resulted in a 10 year ban for the Company Director. […]

Wokingham Based Company Director Gets a 10 Year Ban for Over-Egging His Business Turnover to Secure a Barclays Bounce Back Loan Most of Which Was Left Unpaid at Liquidation

July 29, 2023

Another Barclays Bounce Back Loan has turned sour, and here are the reasons the Company Director named was given a 10 year ban for wrongdoing associated with that BBL. […]

Company Director Whose Business Got Both a NatWest CBILs Loan and a Recovery Loan from Nucleus Commercial Finance Gets a 6 Year Ban for Failing to Maintain Adequate Accounting Records to Show Where the Money Went

July 29, 2023

Here is the background of the following case that has resulted in the Director named getting a 6 year ban. […]

Matching 9 Year Bans Given to Co-Directors For Blagging an HSBC BBL by Over-Egging Their Business Turnover, Which Was Discovered When They Took the Creditor’s Voluntary Liquidation Route

July 28, 2023

Taking the Creditor’s Voluntary Liquidation route with a Company that obtained a BBL by one or more Directors over-egging the turnover of that Company will result in a long disqualification, if it is deemed to be in the public interest, as these Co-Directors discovered. […]

Leaving a Santander Bounce Back Loan Unpaid at Liquidation Leads to a Company Director Getting a 10 Year Ban After It Is Discovered He Over-Egged His Turnover to Get That Loan

July 28, 2023

The Company Director named in the following case is today starting a 10 year ban for blagging a BBL from Santander which was never repaid. […]