Case details for SIMON KING

Name: SIMON KING

Name: BLACKFRIARS CONTRACTS LTD

Date of Birth: 10 / 2 / 1957

Date Order Starts: 7 / 11 / 2022

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 08276301

Last Known Address: 79 Craigie Drive,, , , , PLYMOUTH,, PL1 3JB

Conduct: Between 05 May 2020 and 12 August 2020, Simon King (“Mr King”) caused Blackfriars Contracts Ltd (“BCL”) to breach the conditions of the Bounce Back Loan Scheme by applying for two separate Bounce Back Loans (“BBL”) totalling £80,000. In that: BBL Scheme conditions state that a business should not apply for a loan if it is already in the process of applying for (or has already received) a BBL scheme facility, the exception being a top-up if they originally borrowed less than the maximum amount (25% of turnover up to a maximum loan of £50,000) available. Mr King applied for a BBL on behalf of BCL and on 05 May 2020 funds of £50,000 were credited to one of BCL’s bank accounts. Mr King applied for a second BBL on behalf of BCL and on 13 August 2020 funds of £30,000 were credited to another of BCL’s bank accounts. At the date of liquidation on 23 December 2020, a total of £236,235 was owed to creditors, of which £80,000 was in respect of the BBL’s. 

This information is correct as at 18 / 10 / 2022



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