Name: Daniel Jory DYER

Name: INTUITION LIGHTING LIMITED

Date of Birth: 6 / 3 / 1976

Date Order Starts: 29 / 6 / 2026

Disqualification Length: 12 Years 0 Month(s)

CRO Number: 10376959

Last Known Address: Managers Accommodation Waterloo Inn,, West Nash Road,, Nash,, , NEWPORT,, NP18 2BZ

Conduct: On 23 June 2020, I applied for a Bounce Back Loan ("BBL") in the sum of £48,800 on behalf of Intuition Lighting Limited ("Intuition") when I knew, or ought to have known, that Intuition was not eligible to receive it, and did not use the funds for the economic benefit of the company. In particular • Under the BBL scheme businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover. The turnover figure applicable was that for the calendar year 2019, or where a business was established after 01 January 2019, it was the estimated annual turnover. The funds were to be used for the economic benefit of the company only. • Intuition was incorporated on 15 September 2016, and active shortly thereafter. Therefore, it was not eligible to estimate its annual turnover on the BBL application. • The company's filed accounts for year ended 30 September 2018 show a turnover of£325 and those for the 6 month period to March 2019 show turnover of £815. • The company's bank statements show that in the period 01 January 2019 to 31 December 2019, income of £920 was received. On this basis, the company did not have sufficient turnover to be eligible for the minimum loan available, as this required a turnover of at least £8,000 per annum. • On 29 May 2020, I bought the business and was appointed as the sole director. • On 23 June 2020, I applied for a BBL in the sum of £48,800 from Bank A on behalf of Intuition, declaring the Company's annual turnover as £220,000. • On 24 June 2020, BBL funds of £48,800 were paid into the Company's bank account with Bank A. In the subsequent period 29 June 2020 to 13 July 2020, BBL funds totalling £33,000 were paid to a connected company, and £15,700 was paid to me personally, the payments not being for the economic benefit of Intuition. On 01 July 2020, I dishonestly caused Intuition to obtain a second BBL in the sum of £50,000 when it was not eligible to receive it because I knew that the company had already applied for and obtained a £48,800 BBL from Bank A, and I knew, or ought to have known, that Intuition did not have sufficient turnover to be eligible for a loan of that value. Further, I did not use the funds received for the economic benefit of the company. In particular: • Under the BBL scheme businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover. The turnover figure applicable was that for the calendar year 2019, or where a business was established after 01 January 2019, it was the estimated annual turnover. The funds were to be used for the economic benefit of the company only. • Intuition was incorporated on 15 September 2016, and active shortly thereafter. Therefore, it was not eligible to estimate its annual turnover on the BBL application. • The company's filed accounts for year ended 30 September 2018 show a turnover of £325 and those for the 6 month period to March 2019 show turnover of £815. • The company's bank statements show that in the period 01 January 2019 to 31 December 2019, income of £920 was received. On this basis, the company did not have sufficient turnover to be eligible for the minimum loan available, as this required a turnover of at least£8,000 per annum. • On 23 June 2020 Intuition submitted a first BBL application to Bank A requesting a loan in the sum of £48,800, the funds being received on 24 June 2020. • On 01 July 2020 I submitted a second BBL application on behalf of Intuition to Bank B requesting a loan in the sum of £50,000, declaring the Company's annual turnover as £220,000. As part of the application process I signed a declaration which stated this was the only BBL applied for and that a BBL had not already been received, in the knowledge that the Company had already received a BBL of £48,800 from Bank A. • On 01 July 2020 BBL funds of £50,000 were paid into the Company's bank account held with Bank B. In the subsequent period 13 July 2020 to 26 January 2021, net funds totalling£44,500 were paid from Bank B to a connected company, these payments not being for the economic benefit of Intuition. • On 26 October 2022 Intuition was subject to a Winding up Order on the petition of Bank B. Total liabilities at liquidation amount to £103,558, of this sum £49,222 is owed in respect of the BBL with Bank A, £49,511 is owed in respect of the BBL with Bank B and £4,825 is in respect of monies stated to be owed to me. 

This information is correct as at 12 / 6 / 2026

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