Case details for Nichola Tracey Johnson

Name: Nichola Tracey Johnson

Name: Igloo Street Ltd

Date of Birth: 26 / 5 / 1972

Date Order Starts: 19 / 2 / 2025

Disqualification Length: 8 Years 0 Month(s)

CRO Number: 10126910

Last Known Address: 5 Kestrel Way,, Haswell,, , , DURHAM, DH6 2BF

Conduct: On 5 May 2020 Nichola Tracey Johnson (“Miss Johnson”) caused Igloo Street Ltd (“Igloo”) to breach the conditions of the Bounce Back Loan ("BBL") facility by applying for a second BBL with a financial institution of £50,000 when she knew or ought to have known that Igloo was not entitled to the loan having previously applied for and received a BBL of £50,000 on 5 May 2020. On 4 May 2020 Miss Johnson applied for BBL of £50,000 which was paid into Igloo’s bank account on 5 May 2020. On 5 May 2020, Miss Johnson applied for a second BBL with the same financial institution on behalf of Igloo. Miss Johnson made a declaration that Igloo met the eligibility criteria of the loan by declaring that ‘I/We confirm that this is my/our only application for a Bounce Back Loan for this business and I am/we are not part of a wider group which is in the process of applying for or has already received a Bounce Back Loan”. Igloo failed to be eligible for the second BBL as a criteria of the loan is that a company can only have one BBL. Igloo had also received the maximum value of loan it was entitled to when the company applied for the first BBL. On 6 May 2020, the company received £50,000 into its bank account in relation to the second BBL. At liquidation, Igloo had liabilities totalling £94,930 of which £51,542 is owed in respect of the second BBL. 

This information is correct as at 30 / 1 / 2025



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