Name: Stoyan  Garkov

Name: STEFANY G LIMITED

Date of Birth: 24 / 7 / 1990

Date Order Starts: 23 / 4 / 2024

Disqualification Length: 5 Years 0 Month(s)

CRO Number: 10572954

Last Known Address: Flat 12,, The Coach Yard,, 372a Tonbridge Road,, , MAIDSTONE,, ME16 8TT

Conduct: On 30 May 2020, Stoyan Garkov (“Mr Markov”) made a wrongful declaration during a Bounce Back Loan (“BBL”) application for Stefany G Ltd (“Stefany G”), by overestimating Stefany’s turnover. As a result, Stefany has received BBL funds of £15,469 that it was not entitled to.?? ?? Under the BBL scheme businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover. The turnover figure was self-certified by the applicant. The turnover figure required was that for the calendar year 2019 or where a business was established after 1 January 2019 it is their estimated turnover.?? ? Stefany G was incorporated on 19 January 2017.? ? On 30 May 2020, Mr Garkov applied for a BBL of £30,000 on behalf of Stefany G declaring that its turnover for the calendar year 2019 was £120,000.? ? Bank statements for the calendar year 2019 show total receipts of £58,124, meaning the maximum BBL that Stefany G was eligible for was £14,531. ?? Stefany G received the BBL funds of £30,000 on 02 June 2020.?? Total liabilities at liquidation amount to £64,545 of which £22,094 relates to the amount owed in respect of the BBL.? 

This information is correct as at 3 / 4 / 2024

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