Case details for Mark David BRIERLY

Name: Mark David BRIERLY


Date of Birth: 1 / 3 / 1969

Date Order Starts: 21 / 3 / 2022

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 05686399

Last Known Address: 29 Longmeanygate,, , , , LEYLAND,, PR26 7PA

Conduct: On 07 August 2020, at a time when there is no evidence that Ultimate Driveways Ltd (“Ultimate”) was still trading, Mark David Brierley (“Mr Brierley”) caused Ultimate to apply for and obtain a Bounce Back Loan (BBL) of £35,000 using overstated turnover figures in the application form. Consequently, Ultimate received £5,196 more monies than it was entitled to from the BBL scheme. Mr Brierley also utilised at least £6,400 of the BBL funds for his own personal benefit contrary to the terms of the BBL scheme and used a further £6,747 of the BBL to pay personally guaranteed debts at a time when Ultimate was insolvent. In that: Mr Brierley declared in the BBL application that Ultimate’s turnover in the calendar year 2019 was £165,000 and a BBL of £35,000 was applied for on this basis. Ultimate’s bank statements show payments into the bank account in that period of £119,216 and Mr Brierley has failed to evidence that turnover differed from this. Based on turnover of £119,216, Ultimate would be eligible to receive £29,804 and not the amount of £35,000. Mr Brierley has stated that he believed the application asked for a forecast of future turnover One of the criteria for application for a BBL was that the company was engaged in trading at the date of the application. Mr Brierley has declared in the BBL application that Ultimate was still trading at that time, although he has failed to evidence this. Between 12 August 2020 and 19 October 2020, Mr Brierley received the direct benefit of £6,400 of the BBL funds, which he claims was wages. The terms of the BBL agreement state that funds should be used for the economic benefit of the company. On 11 October 2020 Mr Brierley contacted an Insolvency Practitioner (IP) and confirmed that he wished to put the company into liquidation. On 13 October 2020 the IP contacted Mr Brierley and confirmed that the company was insolvent and that he would proceed with the liquidation. On 19 October 2020 and 20 October 2020 Mr Brierley paid off a company credit card debt and loan, in total £6,747, that were personally guaranteed. 

This information is correct as at 28 / 2 / 2022

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