Director Banned for 11 Years for Illegally Securing Dual Bounce Back Loans from Lloyds Bank and HSBC for Single Company

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“Carl Barnes of Central Plumbing & Heating Lincoln Ltd Hit with 11-Year Ban for Fraudulent £47,500 BBL from Starling Bank

Carl Barnes, director of Central Plumbing & Heating Lincoln Ltd, has been banned from serving as a company director for 11 years after securing a £47,500 Bounce Back Loan from Starling Bank through fraudulent means. Barnes misrepresented his company’s financial status, claiming a turnover of £340,000 during the application process, when in reality, the business had no turnover at all.
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