Case details for DAVID ANTHONY COLLIER

Name: DAVID ANTHONY COLLIER

Name: KAIROS PROPERTY SERVICES LIMITED and Collier Manchester Limited

Date of Birth: 7 / 8 / 1960

Date Order Starts: 17 / 11 / 2023

Disqualification Length: 12 Years 0 Month(s)

CRO Number: 09805404&06736348

Last Known Address: Apartment 18,, 3 Romana Square, PARK ROAD, , Timperley, WA14 5QB

Conduct: David Anthony Collier (‘Mr Collier’) whilst acting as a de facto director, caused Kairos Property Services Ltd (“Kairos”) to apply for a Government backed Bounce Back Loan (“BBL”) totalling £50,000 that it was not eligible for as it was dormant and was not trading on 01 March 2020 as required by the BBL scheme. Mr Collier failed to use the funds for the economic benefit of Kairos in that: Kairos was incorporated on 02 October 2015 Companies House records show that Mr Collier resigned as a director of Kairos on 10 March 2016 and was subsequently reappointed on 29 July 2021. Information obtained reveals that Mr Collier continued to act as a de facto director during the period of his resignation. Prepared accounts for the years ending 31 October 2017,2018,2019 and 2020 were listed as being approved by Mr Collier as a director on behalf of the board on 12 March 2018, 06 February 2019, 14 May 2020 and 30 July 2021 respectively. Kairos’ bank confirmed that 2 bank accounts were opened with them on 26 January 2019 and 23 June 2020 and list Mr Collier as the main contact, believing him to be the managing director of the company. Kairos’ bank confirmed that Mr Collier was a signatory to the bank accounts, his customer signature record held by the bank is dated 25 January 2019. On 16 June 2020 Mr Collier applied for a BBL of £50,000 stating that the turnover for Kairos was £250,000 The BBL scheme required that the applicant be trading at 01 March 2020 and permitted a loan of up to 25% of a business’ turnover in the calendar year 2019, or estimated turnover if it had been established after 01 January 2019; Dormant filed accounts for the 4 years to 31 October 2019 show that the company was not trading. Filed Accounts for the year ending 31 October 2020 disclose a turnover of NIL Bank statements show that no funds were deposited into the company bank accounts until receipt of the BBL funds of £50K on 18 June 2020 Kairos was dormant in the relevant period and was not eligible for a BBL in any amount. Mr Collier provided false information in the BBL application by stating that the company’s turnover in 2019 was £250,000 Following receipt of the BBL on 18 June 2020 up to 01 April 2022, the date of liquidation, there were no credits from trading activities paid into the bank account. Between 06 July and 29 October 2021, payments from the account totalling £49,803 were made, which includes payment of £8,000 to the co-director, £18,500 to connected companies where he was a shareholder and the appointed co-director, cash withdrawals of £3,673, payments of £7,330 for unidentified expenses and payments to a car dealership for £12,300, however at liquidation, Kairos did not have a vehicle listed as an asset. Mr Collier failed to provide evidence to show that these payments were for the economic benefit of Kairos. Kairos was placed into creditors voluntary liquidation on 01 April 2022 At Liquidation, £50,000 was owed in respect of outstanding BBL. Collier Manchester Ltd David Anthony Collier (‘Mr Collier’) caused Collier Manchester Ltd (“Collier”) to overstate its turnover on its application for a Bounce Back Loan (“BBL”) resulting in Collier receiving £47,760 more than it was entitled to, in that: Collier was incorporated on 29 October 2008. On 08 May 2020 Mr Collier applied for a BBL of £50,000 stating that the turnover for Collier was £245,000. The BBL scheme required that the applicant be trading at 01 March 2020 and permitted a loan of up to 25% of a business’ turnover in the calendar year 2019, or estimated turnover if it had been established after 01 January 2019; Prepared accounts for the year ending 31 March 2019 show turnover of £25,567. Prepared Accounts for the year ending 31 March 2020 show turnover of £3,424 Annualised turnover for the calendar year 2019 would therefore have been £8,960 Bank statements show that between 21 August 2019 and 12 May 2020 credits from trading activities amounted to £1,461. On this basis, Collier was therefore eligible for a BBL of £2,240 but received £47,760 in excess of this amount. The BBL of £50,000 was received into Collier’s bank account on 13 May 2020. Collier was placed into creditors voluntary liquidation on 12 September 2022 At Liquidation, £50,000 was owed in respect of outstanding BBL 

This information is correct as at 30 / 10 / 2023


Name: Louisa Jane Collier

Name: KAIROS PROPERTY SERVICES LIMITED /Collier Manchester Limited

Date of Birth: 19 / 9 / 1965

Date Order Starts: 24 / 11 / 2023

Disqualification Length: 8 Years 0 Month(s)

CRO Number: 09805404/06736348

Last Known Address: APARTMENT 18, 3 ROMANA SQUARE, , , ALTRINCHAM, WA14 5QB

Conduct: KAIROS PROPERTY SERVICES LIMITED Louisa Jane Collier (‘Mrs Collier’) allowed Kairos Property Services Ltd (“Kairos”) to apply for a Government backed Bounce Back Loan (“BBL”) totalling £50,000 that it was not eligible for as it was dormant and was not trading on 01 March 2020 as required by the BBL scheme. Mrs Collier failed to use the funds for the economic benefit of Kairos, in that: • Kairos was incorporated on 02 October 2015 • Mrs Collier was the appointed director when the BBL application was made. • On 16 June 2020 Mrs Collier’s co-director applied for a BBL of £50,000 stating that the turnover for Kairos was £250,000 • The BBL scheme required that the applicant be trading at 01 March 2020 and permitted a loan of up to 25% of a business’ turnover in the calendar year 2019, or estimated turnover if it had been established after 01 January 2019; • Dormant Filed accounts for the 4 years to 31 October 2019 show that the company was not trading. Filed Accounts for the year ending 31 October 2020 disclose a turnover of NIL • Bank statements show that no funds were deposited into the company bank accounts until receipt of the BBL funds of £50K on 18 June 2020 • Kairos’ bank confirmed that Mrs Collier was a signatory to the bank account throughout the period of its operation. • Kairos was dormant in the relevant period and was not eligible for a BBL in any amount. Mrs Collier’s co-director provided false information in the BBL application by stating that the company’s turnover in 2019 was £250,000 • Following receipt of the BBL on 18 June 2020 up to 01 April 2022. the date of liquidation, there were no credits from trading activities paid into the bank account. • Between 06 July and 29 October 2021, payments from the account totalling £49,803 were made, which includes payment of £8,000 to Mrs Collier, £18,500 to connected companies where she was a shareholder and the appointed co-director, cash withdrawals of £3,673, payments of £7,330 for unidentified expenses and payments a car dealership for £12,300, however at liquidation, Kairos did not have a vehicle listed as an asset • Mrs Collier failed to provide evidence to show that these payments were for the economic benefit of Kairos. • Kairos was placed into creditors voluntary liquidation on 01 April 2022 • At Liquidation, £50,000 was owed in respect of outstanding BBL Collier Manchester Ltd Louisa Jane Collier (‘Mrs Collier’) allowed Collier Manchester Ltd (“Collier”) to overstate its turnover on its application for a Bounce Back Loan (“BBL”) resulting in Collier receiving £47,760 more than it was entitled to, in that: • Collier was incorporated on 29 October 2008. • On 08 May 2020 Mrs Collier’s co-director applied for a BBL of £50,000 stating that the turnover for Collier was £245,000. • The BBL scheme required that the applicant be trading at 01 March 2020 and permitted a loan of up to 25% of a business’ turnover in the calendar year 2019, or estimated turnover if it had been established after 01 January 2019; • Prepared accounts for the year ending 31 March 2019 show turnover of £25,567. • Prepared Accounts for the year ending 31 March 2020 show turnover of £3,424 • Annualised turnover for the calendar year 2019 would therefore have been £8,960 • Bank statements show that between 21 August 2019 and 12 May 2020 credits from trading activities amounted to £1,461. • On this basis, Collier was therefore eligible for a BBL of £2,240 but received £47,760 in excess of this amount. • The BBL of £50,000 was received into Collier’s bank account on 13 May 2020. . • Collier was placed into creditors voluntary liquidation on 12 September 2022 • At Liquidation, £50,000 was owed in respect of outstanding BBL 

This information is correct as at 3 / 11 / 2023



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