The Disqualification Files Archives

No One Will Ever Know If the Business in this Case Was Eligible for a Bounce Back Loan and Whether the BBL Was Used to Benefit That Business as Director Doesn’t Deliver Any Accounting Records to Liquidator and Duly Gets Slapped with a 7 Year Disqualification

August 11, 2022

A mysterious prototype vehicle modification and where a Barclays Bank Bounce Back Loan went are two questions left unanswered in this case which saw a Company Director hit with a 7 year disqualification for the reasons laid out. […]

Having Blagged a Barclays Bank Bounce Back Loan for a Business That Had No Turnover Having Never Traded and Not Using those Funds for the Benefit of the Business and Leaving the BBL Owing at Liquidation Sees a Director Hit with a 9 Year Disqualification

August 11, 2022

A whopping £50,000 by way of a Bounce Back Loan that has not been repaid at the liquidation of a business is what this case revolves around, the Company Director got a 7-year ban and no doubt Barclays Bank are eyeing up the guarantee claim, if they have not yet put it in. […]

Over-Egging Turnover to Get a £45,000 Santander Bounce Back Loan When Only Entitled to a £4,980 BBL Based on Bank Records and Using It For Personal Benefit Sees a Company Director Given a 7 Year Disqualification

August 11, 2022

I think you will agree, the turnover this Company Director declared when applying for a Bounce Back Loan for his business was somewhat over-egged, the upshot being he has just been given a 7 year disqualification. […]

No One Seems to Know if a Lloyds Bank Bounce Back Loan Was Used for the Benefit of His Business Or Whether Coronavirus Job Retention Scheme Funds Were Used for Employment Costs, So Company Director is Given a 6 Year Disqualification

August 11, 2022

Another case in which a Liquidator is left scratching his or her head trying to work out whether wrongdoing has been discovered regarding a Bounce Back Loan and Coronavirus Job Retention Scheme funds, either way due to lack of accounting records the Company Director named gets a 6-year disqualification. […]

A Huge List of Wrongdoing Including Unanswered Questions About a £40,000 Bounce Back Loan Lands Company Director with a 7 Year Disqualification

August 11, 2022

One of the longer cases I have reported on, you will see this Company Director did indeed deserve the 7-year disqualification he has just been given, which on reflection does appear rather lenient when compared to others who have found to have done similar wrongdoing. […]