The Disqualification Files

In this section of the website you will discover over 2400 defaulted Bounce Back Loans, along with the Company and Directors / Sole Traders names, all of whom received some form of punishment (also revealed) as it was found each of them had abused the BBL scheme in one way or another. Grab a coffee, but please do not choke on it, as you read them, for some of the BBL associated skulduggery is quite shocking.

The Disqualification Files

Six Year Disqualification for Company Director That Used Just £617 of a £20,000 Bounce Back Loan on Business Expenditure and Paid Himself/Associates the Remainder

July 17, 2021

One day we will know the true scale and the cost of the Bounce Back Loan scheme regarding those who ripped it off, but until that day arrives here is another person that used their loan for personal benefit and not for the good of their business and has now been disqualified for 6 years. […]

The Disqualification Files

Another Person Disqualified for 6 Years This Time for Using Half of a £39,000 Bounce Back Loan for Personal Benefit Which He Applied for Three Days After Instructing Liquidators to Liquidate His Company

July 17, 2021

Whilst many of you have applied for your Bounce Back Loans perfectly legally and legitimately, plenty of business owners have not, and here is another example of someone that has just been disqualified for 6 years for applying for and securing a BBL days after instructing liquidators to wind up his business and using half of the loan for personal benefit and not the benefit of the business. […]

The Disqualification Files

Another Company Director Disqualified for Over-Egging Turnover and Not Supplying Proof That a Bounce Back Loan Was Used to Benefit His Business

July 17, 2021

The list of Company Directors given a slap by the Insolvency Service continues to grow and at pace, and today I am taking a look at another one who has just been disqualified for a whopping 11 years for over-egging his business turnover to bag a BBL whilst not being able to prove the funds were used to provide economic benefit to his business. The chap in question is […]

The Disqualification Files

The Second Reading of the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill Takes Place This Week Aimed at Making it Easier to Investigate BBL “Skulduggery”

June 14, 2021

It is going to be a busy week with the main topic of conversation (apart from freedom day) being the second reading of the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill that is due to hit the floor of the Commons on Tuesday morning. It has already been reported that there has been an explosion of over 740% of […]