The Disqualification Files Archives

Having Secured Three Bounce Back Loans Worth £150k in Total From Barclays, Leaving Them Unpaid and Not Supplying Accounting Records to Show How the Funds Were Spent, a Company Director Gets a Lenient 6 Year Ban

April 21, 2023

Just a 6 year ban was given to the Company Director named in these cases, as a lack of accounting records meant no one was able to work out if the three BBL’s he secured for his businesses and were left unpaid were spent on the businesses. […]

Here is Another Case of a Company Director Over-Estimating His Estimated Turnover to Blag a Bounce Back Loan Which Was Left Unpaid and as a Result He Is Now Starting a 9 Year Disqualification

April 20, 2023

Knowingly over-estimating your estimated turnover if you were permitted to estimate your Company turnover to get a larger Bounce Back Loan than eligible, will lead to a ban if such wrongdoing is uncovered at the liquidation of your business, as this Company Director has just discovered. […]

As They Are Obliged to do, an Insolvency Practitioner Reported a Company Director For Over-Egging Her Turnover to Get a Barclays BBL Which Ultimately Leads to the Secretary of State Approving Her 10 Year Disqualification

April 20, 2023

This case revolves a Bounce Back Loan issued by Barclays and for the listed wrongdoing the Company Director named is now starting a 10 year ban. […]

11 Year Ban Given to Company Director for Getting a Bounce Back Loan from HSBC and then Lloyds Bank for His Single Business When It Was Not Trading and Misusing the Money and of Course Leaving Both BBL’s Unpaid

April 20, 2023

Here is a deep dive into the background of this case, which has ultimately resulted in the Company Director named being given an 11 year Disqualification. […]

For Over-Egging Her Business Turnover and Not Using Her Company’s Barclays Bank Bounce Back Loan for the Benefit of Her Business Sees Yet Another Company Director Get Hit With a 7 Year Ban

April 19, 2023

Here is the story behind a 7 year ban that has just been handed out to the Company Director named for not only over-egging her business turnover to get a higher valued BBL than entitled to but not spending it on the benefit of her business. […]