
London Director Banned for 11 Years for Overstating Turnover and Misusing Metro Bank Bounce Back Loan with Unexplained Transfers

A director has been banned for 11 years for securing a £50,000 Bounce Back Loan when entitled to only £6,293 and leaving it unpaid at liquidation, reflecting serious financial misconduct. […]
Chester Reed, director of Chester’s Car Centre Ltd, has been disqualified for six years for transferring a £50,000 Barclays Bounce Back Loan to himself. Barclays’ winding up of the company in the High Court led to the ban. […]
A Bishop Auckland sole trader’s 11-year Bankruptcy Restrictions Order results from inflating turnover to secure a £50,000 Bounce Back Loan, misusing funds. […]
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