Name: Trevor Cutmore

Name: MTC PROPERTIES LTD

Date of Birth: 29 / 4 / 1962

Date Order Starts: 25 / 8 / 2025

Disqualification Length: 10 Years Years  Month(s)

CRO Number: 10387021

Last Known Address: 240 Boultham Park Road, , , , LINCOLN, LN6 7SU

Conduct: On 19 June 2020, Mr Trevor Cutmore (“Mr Cutmore”) caused MTC Properties Ltd (“MTC”) to breach the terms of the Bounce Back Loan (“BBL”) scheme by overstating MTC’s turnover in an application for a BBL of £50,000, when he knew of ought to have known that MTC was not eligible for that amount and, as a result, MTC received £46,030 £46,804 more than it was entitled to from the BBL scheme, in that: • Under the terms of the BBL scheme, businesses were entitled to borrow between £2,000 and £50,000, up to a maximum of 25% of turnover in the calendar year 2019 or where a business was established after 1 January 2019 it is their estimated turnover from the date they started business, which the applicant would self-certify when completing the BBL application. • Mr Cutmore was the sole director of MTC from incorporation on 21 September 2016 and as a result it was able to apply for a BBL based on its annual turnover figures for the calendar year 2019. • On 19 June 2020, Mr Cutmore signed a BBL application on behalf of MTC, which stated MTC’s annual turnover to be £900,000. • On 22 June 2020, £50,000 was credited to MTC’s bank account in respect of the BBL. • Based on the bank account analysis the trading income received into its bank account during 2019 was £12,784, MTC’s turnover, which is consistent with the turnover recorded in its accounts for the year ended 30 September 2019, which recorded a turnover of £15,878, and for the year ended 30 September 2020, which recorded a turnover of £11,838. Both sets of accounts were signed by Mr Cutmore. • Accounts for the year end 30 September 2019 show that MCT turnover was £15,878, and for the year end 30 September 2020 was £11,838. Both sets of accounts were signed by Mr Cutmore. • Based on the BBL criteria and company turnover in 2019, MTC was entitled to receive no more than £3,970 £3,196, whereas it received £50,000, • MTC received a BBL which was £46,030 £46,804 more than it was entitled to. On 12 October 2023, MTC entered Creditors’ Voluntary Liquidation with liabilities of £1,171,998, of which £38,756 was due in respect of the BBL. 

This information is correct as at 4 / 8 / 2025

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