Starling

Karl Parmar faces an 11-year exile from directorship as of today, after admitting to grossly exaggerating Yecom Limited’s turnover to snag a £50,000 BBL from Starling Bank—despite his firm not even qualifying for a BBL. […]

Richard Paul Hanlon kicks off an eight-year ban today for exaggerating Xover Nutrition Ltd’s sales to fraudulently secure a £50,000 Starling BBL. […]

Radio presenter Darren Charles Parks, director of DC Parks Ltd, has been slapped with an 11-year ban for fraudulently obtaining a £50,000 Starling Bank Bounce Back Loan, transferring it to himself, and trading to the detriment of HMRC. […]

Victoria and Thomas Monteith, directors of Platinum Music & Events Limited, have each been banned for 7 years after securing a £30,000 Bounce Back Loan through misrepresentation and misusing the funds. The Insolvency Service’s investigation revealed their failure to comply with loan regulations, leading to significant penalties. […]

Ashfaq Shaikh, director of Double Anchor Limited, has been banned from acting as a company director for 10 years, effective June 27, 2025, after he was found to have deliberately overstated his company’s turnover to obtain a £50,000 Bounce Back Loan (BBL) from Starling Bank. Despite being permitted to estimate turnover, authorities determined that Shaikh knowingly provided inaccurate figures, misrepresenting the financial position of his business to secure the loan. […]

Sobia Mehmood, director of Ecie One Limited, starts a 10-year disqualification today, June 23, 2025, after securing a £50,000 Starling Bank Bounce Back Loan by exaggerating her company’s estimated turnover.  […]

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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