
Director Banned for 9 Years for Overstating Turnover and Misusing £50,000 Lloyds Bank Bounce Back Loan for Personal Payments

A director secured a £30,000 Barclays Bounce Back Loan and a £20,000 top-up despite ineligibility, then failed to provide company records, earning an 11-year ban. Explore this case of financial mismanagement. […]
A director who overstated turnover to secure a £40,000 Barclays Bounce Back Loan and a £10,000 top-up now faces a 10-year ban. Read about this compounded financial misconduct […]
Philip Mark Cannon, director of PC Samba Ltd, has been disqualified from holding a directorship for 11 years, effective today, July 18, 2025. The ban follows his admission of inflating the company’s turnover to secure a £50,000 Bounce Back Loan, with approximately half of the funds subsequently used as a deposit for a house purchase. […]
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