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

A Coalville director began an 11-year directorship ban after exaggerating turnover to secure a Barclays Bounce Back Loan. The company was wound up in the High Court by Barclays, and the loan claim was sold to debt collectors now pursuing the director. […]
A Wallington director faces an 8-year ban for neglecting HMRC payments, failing to provide company accounts, and not repaying a £50,000 Bounce Back Loan. The absence of records left liquidators unable to verify the legitimacy of government support funds. […]
Directors who misrepresented company status to secure Bounce Back Loans face bans for defrauding the scheme. […]
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