Name: Valdas  Puleikis

Name: PUKIS TRANS LTD

Date of Birth: 18 / 3 / 1985

Date Order Starts: 2 / 3 / 2026

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 09229840

Last Known Address: 9 Cherry Walk,, , , , BOSTON,, PE21 8AS

Conduct: On 02 July 2020, Valdas Puleikis (“Mr Puleikis”) caused Pukis Trans Ltd (“PTL”) to breach the terms and conditions of the Bounce Back Loan (“BBL”) scheme by overstating PTL’s turnover when applying for a BBL. As result PTL received a £50,000 BBL when Mr Puleikis knew or ought to have known that PTL was not eligible for a BBL of that amount, in that: - Under the BBL scheme, businesses could apply for one 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 01 January 2019, an estimated turnover could be used. - PTL was incorporated on 22 September 2014, started trading before 01 January 2019, and was therefore not entitled to estimate its turnover when applying for a BBL. - On 02 July 2020, Mr Puleikis applied for a £50,000 BBL on behalf of PTL, declaring that its turnover for calendar year 2019 was £289,000. BBL funds of £50,000 were credited into PTL’s bank account the following day. - Accounts filed with the Registrar of Companies for accounting year ending 30 September 2019 show PTL had a turnover of £34,493. - Analysis of its bank account shows that between 01 January 2019 and 31 December 2019 PTL received trading related income of £32,824.95. - Based on the income received in its bank account during calendar year 2019, PTL was entitled to apply for a BBL of up to £8,206.24. - The overstatement of turnover meant that PTL received at least £41,793.76 more than it was entitled to from the BBL scheme. - Mr Puleikis has failed to provide documentary evidence to show that the turnover of PTL in the calendar year 2019 was £289,000 as declared in the BBL Application, and that PTL was entitled to apply for a BBL of £50,000. On 27 February 2025, PTL entered Creditors’ Voluntary Liquidation with liabilities totalling £57,532, of which £45,531 was owed in respect of the BBL. 

This information is correct as at 9 / 2 / 2026

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