Case details for JOANNIS ALEXANDROU

Name: JOANNIS ALEXANDROU

Name: ANGEL RACING LONDON LTD

Date of Birth: 18 / 9 / 1973

Date Order Starts: 10 / 11 / 2023

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 07077600

Last Known Address: 4 Clarendon Road, Cheshunt, , , WALTHAM CROSS, EN8 9DL

Conduct: On or around 16 July 2020 Joannis Alexandrou (Mr Alexandrou ) caused Angel Racing Ltd (“Angel”) to apply for a Bounce Back Loan (“BBL”) of £50,000 using overstated turnover figures, which resulted in Angel obtaining a BBL that was £34,551 more than it was 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. • Angel was incorporated on 16 November 2009 • On or around 16 July 2020 Mr Alexandrou applied for a BBL of £50,000 (on behalf of Angel) declaring that its turnover for the calendar year 2019 was £240,000 • Angel’s company bank account shows income from 1 January 2019 -31 December 2019 of £61,799 • Angel received the BBL funds of £50,000 on 16 July 2020 • Total liabilities at liquidation/administration amount to £115,700 of which £50,000 relates to the amount owed in respect of the BBL. 

This information is correct as at 23 / 10 / 2023



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