
Director Banned for 6 Years for Failing to Account for £25,000 Lloyds Bounce Back Loan and Proceeds from Vehicle Sale

A director faces a six-year ban after failing to use a £50,000 Lloyds Bank Bounce Back Loan for the benefit of his business, leaving it unpaid at liquidation. […]
Richard James Wood and Charles Andrew Wood, directors of XCEL Interiors Limited, faced bans of 3 years and 6 months and 4 years, respectively, for failing to fully repay a Bounce Back Loan (BBL) from RBS after securing a £46,305 Coronavirus Business Interruption Loan Scheme (CBILS) from Funding Circle. […]
A Whitley Bay director who overstated turnover to secure a £40,000 Barclays Bounce Back Loan faces a 10-year ban starting today. Learn about this case of financial deception. […]
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