Name: Tomas PETRASKA

Name: STONEHILL MOT CENTRE LIMITED

Date of Birth: 29 / 7 / 1979

Date Order Starts: 12 / 1 / 2023

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 09123957

Last Known Address: 8 Richmond Close,, , , , HUNTINGDON,, PE29 7LD

Conduct: On 11 May 2020, Tomas Petraska (“Mr Petraska”), caused Stonehill MOT Centre Ltd (“SMC”) to provide misleading information to a bank, to obtain a Bounce Back Loan (“BBL”) of £50,000 when SMC was eligible for a BBL of no more than £27,675. In that: • He was a director of SMC from incorporation on 10 July 2014. • BBLs were limited to 25% of 2019 calendar year turnover, to a maximum loan value of £50,000, and were to be used for the economic benefit of the company. • Bank statements for 2019 show sales receipts of £110,702, so SMC was eligible for a BBL of no more than £27,675. • In the BBL application dated 11 May 2020, he provided a turnover figure of £212,000 for the 2019 calendar year, when turnover was actually £110,702 in 2019. • By providing the misleading turnover information, SMC obtained a BBL of £50,000, at least £22,325 in excess of the BBL amount that it was eligible for. • Bank statements confirm receipt of the BBL of £50,000 on 14 May 2020. Prior to receipt of the BBL, the balance on the bank account was £2,044. • Following receipt of the BBL, between 18 May 2020 and 19 June 2020, there were vehicles purchased totalling £49,100, which were not for the economic benefit of SMC. 

This information is correct as at 5 / 1 / 2023

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