Director Ban – Page 11 – Bounce Back Loan

Mohammed Oly Uddin, Director of Spice Touch (Lancashire) Ltd, Receives 9-Year Ban for Inflating Turnover to Secure £50,000 Bounce Back Loan

Mohammed Oly Uddin, director of Spice Touch (Lancashire) Ltd, has been banned from acting as a company director for nine years after falsifying turnover figures to obtain a £50,000 Bounce Back Loan from Santander.

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Shahnaz Pashni Shirazi, Joli Salon Limited Director, Faces 8-Year Ban Starting June 9, 2025, for Misrepresenting £50,000 Santander Bounce Back Loan

Shahnaz Pashni Shirazi, director of Joli Salon Limited, has been barred from managing companies for eight years, effective from today, June 9, 2025. The ban follows her fraudulent overestimation of the salon’s turnover to secure a £50,000 Bounce Back Loan from Santander, highlighting serious breaches in financial reporting and loan application integrity. […]

Calum Manus Camara-Hill, Director of E5 Carpentry Ltd, Receives 5-Year Ban for Non-Compliance with Government Loan Repayment Rules

Calum Manus Camara-Hill, director of E5 Carpentry Ltd, has been handed a five-year directorship ban due to failing to fully repay a Bounce Back Loan after securing a higher-value CBILS loan, breaching the complex rules of these government-backed schemes. […]

Nikolay Hristov Kolev, Director of Kaicony 2 Limited, Banned for 9 Years Over Misstated Turnover for Santander Loan

Nikolay Hristov Kolev, a Bulgarian director of Kaicony 2 Limited, has been handed a nine-year directorship ban starting 2 June 2025. The ban stems from his significant overstatement of the company’s turnover to obtain a £50,000 Santander Bounce Back Loan, violating the terms of the loan scheme designed to support businesses. […]

Hafiz Bilal Butt, Director of Sobsab Limited, Faces 6-Year Directorship Ban for Non-Compliance with Liquidator

Starting 2 June 2025, Hafiz Bilal Butt, director of Sobsab Limited, is subject to a six-year directorship ban. The penalty was imposed due to his failure to cooperate with a liquidator investigating the transfer of most of a £50,000 Bounce Back Loan to a third party, raising concerns about the misuse of funds intended for the company’s benefit. […]

Julia Andevei, Director of Jassin Limited, Receives 11-Year Ban for Misuse of £50,000 Barclays Bounce Back Loan

Julia Andevei, an Estonian director of Jassin Limited, has been banned from acting as a company director for 11 years, effective 2 June 2025. The ban follows her misrepresentation of the company’s turnover to secure a £50,000 Barclays Bounce Back Loan, which she subsequently used in ways that did not benefit the company, breaching loan terms and regulatory standards. […]

Abu Yousuf Choudhury, Director of Stourport Takeaway Ltd, Receives 10-Year Ban for Overestimating Turnover to Secure £50,000 HSBC Bounce Back Loan

Abu Yousuf Choudhury, the director of Stourport Takeaway Ltd, has been hit with a 10-year directorship ban after failing to provide evidence on how he estimated his business turnover to obtain a £50,000 Bounce Back Loan from HSBC. […]

Ashley Andrew Stockton, Director of Truth Nightclub Ltd, Faces 10-Year Ban for Fraudulently Obtaining Second Bounce Back Loan

Stockton had already obtained a loan from Clydesdale Bank (now Virgin Money) under the government-backed scheme meant to support businesses during the Covid-19 crisis. […]

Ivan Polisiuc, Director of Ivory UA Ltd, Banned for 11 Years After Fraudulently Securing £50,000 Bounce Back Loan by Inflating Company Turnover Nearly Tenfold

Ivan Polisiuc, a Romanian director of Ivory UA Ltd, has been disqualified from acting as a company director for 11 years after fraudulently obtaining a £50,000 Bounce Back Loan from Metro Bank. Polisiuc grossly misrepresented his company’s turnover, inflating it by nearly ten times its actual value to secure the loan.

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Nigerian Director Solomon Ogah of Pelizar International Limited Banned for 10 Years After Falsely Claiming £189,000 Turnover to Secure £47,500 Bounce Back Loan

Solomon Ogah, the Nigerian director of Pelizar International Limited, has been hit with a 10-year directorship ban after fraudulently securing a £47,500 Bounce Back Loan. Ogah misrepresented his company’s turnover as £189,000, when in reality, it was £0. The scheme, intended to support businesses during financial hardship, was exploited through this deceptive overstatement, leading to his recent disqualification by authorities.
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