The Disqualification Files

In this section of the website you will discover over 2150 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

Slough Based Company Director Given an 11 Year Ban for Bagging a Bounce Back Loan By Claiming His Business Turnover was £197,000 When It Was Zero, Transferring the Money Away and Dissolving the Company – Is It In the Public Interest to Take Him to Court?

September 28, 2023

Only time will tell whether the powers that be make the decision to take the Director named in this case to court for breaching Section 1006 Companies Act 1986, which by the way, has seen plenty of other BBL abusers being locked up for. […]

The Disqualification Files

Building Company Takes Horse Breeding Company to the High Court to Get It Wound Up for Money Owed, It Then Comes to Light the Director of the Latter Over-Egged Her Turnover to Get a Bounce Back Loan Resulting in a 10 Year Ban

September 27, 2023

It is not just Bounce Back Loan Lenders that are taking court action to get Companies would up, other Companies owed money are doing so too, and when they succeed, as laid out in the following case, any wrongdoing with a Bounce Back Loan also gets uncovered and a punishment handed out. […]

The Disqualification Files

Company Director States He Thought The Turnover Figure Needed for a BBL Was a 5 Year Turnover Figure Which He Used to Get a £48k Santander BBL, Not the 2019 Calendar Year Turnover Figure, He Gets Slapped With an 11 Year Ban

September 26, 2023

Not seen the excuse for over-egging of business turnover to get a Bounce Back Loan like the one used in the following case used by anyone else before, which resulted in the Director named getting an 11 year ban for over-egging his turnover […]

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The Disqualification Files

Vehicle Hire Company Goes to the High Court to Get a Freight Company Wound-Up for Not Paying Them, Which Is Granted, It Is Then a £50k BBL Obtained By Over-Egging Turnover is Discovered Which Leads to a 7 Year Ban

September 21, 2023

It is not only banks that can go to the High Court to get a Company wound up if they are owed money, and the BBL mention in this case which was obtained by over-egging turnover came to light after a vehicle hire company sought a High Court winding up order due […]

The Disqualification Files

The Over-Egging of Business Turnover to Get an HSBC £50,000 Bounce Back Loan and Lots of Cash Withdrawals From Those BBL Funds Leads to a 10 Year Director Disqualification – HSBC Managed to Snatch Back Just £26 the Rest Was Left Unpaid

September 20, 2023

Another day and another HSBC Bounce Back Loan turns sour, here is the backstory to the 10 year Disqualification handed out to the Company Director named, that Disqualification starts today, the 20th of September 2023. […]