The Disqualification Files Archives

9 Year Disqualification for Applying for a £35k Lloyds Bank Bounce Back Loan with an Estimated Turnover of £180,000 When Available Records Prove the Actual Turnover was Just £1310

August 25, 2022

Here is another case which has resulted in the Company Director named being given a 9-year disqualification for failing to provide any evidence that the over-estimating of her Company’s estimated turnover was appropriate. […]

By Not Maintaining and/or Preserving Adequate Accounting Records or, Alternatively, Failing to Deliver up to the Liquidator Such Sees Company Director Hit with a 7 Year Disqualification as No One Knows Where a Lloyds Bank £50k Bounce Back Loan Went

August 25, 2022

It was a seven-year disqualification the Company Director named in this case has been given, as no one knows whether their Company was eligible for the Lloyds Bank £50k Bounce Back Loan it got and have not got a clue what it was spent on. […]

12 Year Disqualification for Company Director Who Not Only Blagged a Bounce Back Loan but Also Scammed a Job Retention Support Grant and a Local Council Support Grant Making Off with £117,218.21 in Total

August 24, 2022

Those of you who never received any support for your business during the pandemic, will be furious when you hear how the business owner in today’s case blagged his way to a six-figure sum. He has just been given a 12-year disqualification for his wrongdoing. […]

Not Using a Barclays £50k Bounce Back Loan for the Benefit of the Business and Using it for Personal Benefit Instead Lands Company Director with a 9 Year Disqualification

August 24, 2022

It didn’t take the Company Director named in today’s case long to empty his Company’s bank account of a Bounce Back Loan that had been paid into it, and for the wrongdoing revealed, he was given a 9-year disqualification. […]

Apply for and Getting Two Bounce Back Loans for His Company and Failing to Explain Where the Funds Went Sees Company Director Given an 11 Year Disqualification

August 24, 2022

Another two Bounce Back Loans have turned sour, with the business owner who applied for them both being given an 11-year disqualification, for not revealing where the funds went and of course applying for two BBLs when his business was only entitled to apply for one. […]