Name: Jon Soden-Geer

Name: Freecom Internet Services Limited

Date of Birth: 25 / 8 / 1979

Date Order Starts: 26 / 8 / 2025

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 06657464

Last Known Address: 82 Trejon Road,, , , , CRADLEY HEATH,, B64 7H

Conduct: On or around 29 April 2021, Jon Paul Soden-Geer (”Mr Soden-Geer”) applied for a Coronavirus Business Interruption Loan (CBIL) of £110,000 on behalf of Freecom Internet Services Limited (“Freecom”) and did not utilise it for Freecom’s benefit in that: - Freecom was incorporated on 28 July 2008 and entered creditors voluntary liquidation on 13 April 2023. - Mr Soden-Geer was appointed a director of Freecom on 9 December 2019 and remained in post at the date of liqudation. - On or around 6 August 2020 Freecom applied for and obtained a Government-backed bounce back loan (‘BBL’) from its bankers of £50,000. The BBL monies of £50,000 were paid into Freecom’s account with Bank A on 7 August 2020. - According to trial balances and balance sheets within Freecom’s accounting records for the years ending 30 April 2021, 2022 and 2023 the BBL was recorded as a creditor as ‘[Bank A] Bounce Back Loan’. - On or around 29 April 2021 Mr Soden-Geer applied for and obtained a CBIL from Loan According to Freecom’s bank statements the CBIL monies of £110,000 were received in one credit to the Bank A account on 7 May 2021. The loan lifted the credit balance on the account from £12,120 to £122,120. - On 10 and 12 May 2021 payments out of the Bank A account were made to two loan companies (“Loan Company B and Loan Company C”) of £68,083.44 and £41,917.26 respectively, a total of £110,000.70. At least, £97,880 of the CBIL funds was used to fund the repayments of these two loans. - The payment of £68,083.44 to Loan Company B served to repay in full the sum then due to Loan Company B in respect of two loans made in December 2019 by Loan Company B, totalling £75,000 to an associated company of Freecom (“the Associated Company”). - The payment of £41,917.26 to Loan Company C served to repay in full the sum then due to Loan Company C in respect of a loan made in December 2019 by Loan Company C to the Associated Company of £50,000. - Mr Soden-Geer and his fellow director were directors of the associated company at the time of the making of loans to the Associated Company by Loan Companies B & C in December 2019 and at the date of the payments to them by Freecom in May 2021. - The loans to the associated company by the Loan Companies were made to facilitate the purchase by Mr Soden-Geer and his fellow director in December 2019 of the shares and business and Freecom from Freecom’s then owners and directors, all of whom resigned on 9 December 2019. - The loans to the Associated Company by Loan Company B of £50,000 and £25,000 were subject to agreements signed by Mr Soden-Geer and his fellow director on 28 November 2019. Both loans were secured by Guarantee & Indemnity agreements dated 28 November 2019 in which Mr Soden-Geer and his fellow director gave surety for the sums borrowed and by company cross-guarantees provided by Freecom. - The loan to the Associated Company by Loan Company C of £50,000 was subject to an agreement signed by Mr Soden-Geer and his fellow director on or around 2 December 2019. The loan was secured by a Guarantee & Indemnity agreement dated 25 November 2019 in which Mr Soden-Geer and his fellow director gave surety for the sum borrowed. - The CBIL was used to settle loans borrowed to fund an Associated Company’s purchase of the shares in Freecom. The benefit of the CBIL was entirely for the Associated Company and Mr Soden-Geer and his fellow director. - The CBILS Loan Conditions required that the BBL be repaid in whole using the CBIL loan. Freecom had an existing BBL at 29 April 2021 on which repayments of the £50,000 loan principal and interest was to be made over the following 5 years (60 months) were to begin in September 2021. - No part of the CBIL was used to make any repayment in respect of the BBL. However, Freecom began to make repayments towards the BBL in September 2021. Bank A has filed a proof of debt in the liquidation of Freecom claiming £39,954 as the balance due on the BBL. - Loan Company A has filed a proof of debt in the liquidation of Freecom in the sum of £130,258.19 in respect of the CBIL. 

This information is correct as at 6 / 8 / 2025

Name: Freecom Internet Services Limited

Date of Birth: 10 / 8 / 1973

Date Order Starts: 26 / 8 / 2025

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 06657464

Last Known Address: 11 Vine Street, , , , KlDDERMINSTER, DY10 2TS

Conduct: On or around 29 April 2021, Micheal John Geer (”Mr Geer”) caused or allowed his fellow director to apply for a Coronavirus Business Interruption Loan (CBIL) of £110,000 on behalf of Freecom Internet Services Limited (“Freecom”) and not utilise it for Freecom’s benefit in that: - Freecom was incorporated on 28 July 2008 and entered creditors voluntary liquidation on 13 April 2023. - Mr Geer was appointed a director of Freecom on 30 July 2014 and remained in post at the date of liquidation. - On or around 6 August 2020 Freecom applied for and obtained a Government-backed bounce back loan (‘BBL’) from Bank A of £50,000. The BBL monies of £50,000 were paid into Freecom’s account with Bank A on 7 August 2020. - According to trial balances and balance sheets within Freecom’s accounting records for the years ending 30 April 2021, 2022 and 2023 the BBL was recorded as a creditor as ‘[Bank A] Bounce Back Loan’. - On or around 29 April 2021 Mr Geer’s fellow director applied for and obtained a CBIL from Loan Company A on Freecom’s behalf. The loan value was £110,000. The CBIL monies of £110,000 were paid into Freecom’s account with Bank A on 7 May 2021. The loan lifted the credit balance on the account from £12,120 to £122,120. - On 10 and 12 May 2021 payments out of the Bank A account were made to two loan companies (“Loan Company B” and “Loan Company C”) of £68,083.44 and £41,917.26 respectively, a total of £110,000.70. At least £97,880 of the CBIL funds was used to fund the repayments of these two loans. - The payment of £68,083.44 to Loan Company B served to repay in full the sum then due to Loan Company B in respect of two loans made in December 2019 by Loan Company B, totalling £75,000 to a company associated with Freecom (“the Associated Company”). - The payment of £41,917.26 to Loan Company C served to repay in full the sum then due to Loan Company C in respect of a loan made in December 2019 by Loan Company C to the Associated Company of £50,000. - Mr Geer and his fellow director were directors of the Associated Company at the time of the making of loans to the Associated Company by Loan Companies B & C in December 2019 and at the date of the payments to them by Freecom in May 2021. - The loans to the Associated Company by Loan Companies B & C were made to facilitate the purchase by Mr Geer and his fellow director in December 2019 of the shares and business and Freecom from Freecom’s then owners and directors, all of whom resigned on 9 December 2019. - The loans to the Associated Company by Loan Company B of £50,000 and £25,000 were subject to agreements signed by Mr Geer and his fellow director on 28 November 2019. Both loans were secured by Guarantee & Indemnity agreements dated 28 November 2019 in which Mr Geer and his fellow director gave surety for the sums borrowed and by company cross-guarantees provided by Freecom. - The loan to the Associated Company by Loan Company C of £50,000 was subject to an agreement signed by Mr Geer and his fellow director on or around 2 December 2019. The loan was secured by a Guarantee & Indemnity agreement dated 25 November 2019 in which Mr Geer and his fellow director gave surety for the sum borrowed. - The CBIL was used to settle loans borrowed to fund an Associated Company’s purchase of the shares in Freecom. The benefit of the CBIL was entirely for the Associated Company and Mr Geer and his fellow director. - The CBILS Loan Conditions required that the BBL be repaid in whole using the CBIL loan. Freecom had an existing BBL at 29 April 2021 on which repayments of the £50,000 loan principal and interest was to be made over the following 5 years (60 months) were to begin in September 2021. - No part of the CBIL was used to make any repayment in respect of the BBL. However, Freecom began to make repayments towards the BBL in September 2021. Bank A has filed a proof of debt in the liquidation of Freecom claiming £39,954 as the balance due on the BBL. - Loan Company A has filed a proof of debt in the liquidation of Freecom in the sum of £130,258.19 in respect of CBIL. 

This information is correct as at 11 / 8 / 2025

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