Case details for JOEL GRANT

Name: JOEL GRANT

Name: Green Eyed Hairdressing

Date of Birth: 11 / 10 / 1974

Date Order Starts: 17 / 11 / 2022

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 0853109

Last Known Address: 35 Gunners Rise, Shoeburyness, , , SOUTHEND-ON-SEA, SS3 9FD

Conduct: On 01 July 2020 Joel Grant (“Mr Grant”) caused Green Eyed Hairdressing Limited (“GEH”) to breach the terms of the Bounce Bank Loan (“BBL”) scheme by applying funds totalling £20,000 for his personal benefit and not for the economic benefit of GEH and without the intention to complete timely repayments in the future resulting in loss to the bank of £20,000, and failed to give notice to the bank of the dissolution of GEH as required by Section 1006 Companies Act 2006: Under the BBL scheme businesses were required to use the loan only to provide economic benefit to the business, and not for personal purposes and confirm they have understood the costs associated with repayment of the loan and that they are able and intend to complete timely repayments in future. GEH received a BBL of £20,662 on 26 June 2020 On 1 July 2020 a payment of £20,000 was made from GEH’s bank account to the personal account of Mr Grant On 20 July 2020, Mr Grant applied to dissolve GEH As of 20 July 2020, the full amount of the BBL remained outstanding GEH failed to given notice to the bank of its application for dissolution as required under Section 1006 of the Companies Act 2006 On 13 October 2020 GEH was dissolved and the BBL of £20,662 remains outstanding 

This information is correct as at 28 / 10 / 2022



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