The Disqualification Files

In this section of the website you will discover over 2700 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

Acting Company Director Applies for a Second Bounce Back Loan for the Same Company 11 Days Before the “Dodgy” BBL Cifas Database Was Launched and Manages to Bag £50k from Santander and £50k Starling Bank

December 16, 2021

You may remember the never ending stories of misery caused by the “BBL Database” or “Shared Industry Database” as it is also known that the British Business Bank got Cifas or build for them. If not, then you will find plenty of problems that database caused genuine business owners desperate for a BBL dotted around this website. […]

The Disqualification Files

Company Director Blags Two Bounce Back Loans Worth £100k in Total When Only Entitled to One Then Takes the Insolvency Route and is Hit With An 11 Year Disqualification

December 15, 2021

Another £100k in Government Guarantees will no doubt be soon paid out to a couple of banks based on today’s case, in which a Company Director applied for and got two Bounce Back Loans when only entitled to one, resulting in him getting an 11 year disqualification at insolvency: […]

The Disqualification Files

A 6 Year Disqualification is Given Out to a Company Director Who Failed To Deliver Financial Records at Insolvency and Preserve and/or Maintain Adequate Accounting Records For a Business That Took a £50k Barclays BBL With It When Being Would Up

December 15, 2021

For those of you keeping track of Company Directors that have been found to have pulled some stunts and possibly blagged their way to getting a BBL or have left questions unanswered when it comes to what Bounce Back Loans were used for, I present to you another case that resulted in a 6 year disqualifications at Insolvency. […]

The Disqualification Files

Questions Left Unanswered Regarding What a Bounce Back Loan Was Used For and Whether the Business Turnover Was Enough to Qualify for a BBL Worth £50k Results in a 6 Year Disqualification

December 15, 2021

Another day, another 6 year disqualification has been handed out, this time regarding a business owner that failed to deliver or maintain and/or preserve adequate accounting records which meant it wasn’t possible to work out where the funds from that loan went and […]

The Disqualification Files

Co-Directors of a Business Trading as a “Nisa Local” Store Bag Two BBLs One from RBS and The Other from Santander for Their One Single LTD Company and Receive a 5 Year and 3 Year 6 Months Disqualification Respectively at Insolvency

December 13, 2021

Knowingly applying for and getting two Bounce Back Loans for the same business is going to see you slapped with a long disqualification if you then wind-up that business, and today’s case involves two Co-Directors, one who applied for two such loans for one single business and the other who knowingly let the other Co-director do so […]