Name: DAVID PAUL MCGUINNESS

Name: MC-DALT SCAFFOLDING SERVICES LTD

Date of Birth: 10 / 4 / 1981

Date Order Starts: 3 / 1 / 2023

Disqualification Length: 11 Years 0 Month(s)

CRO Number: 10569182

Last Known Address: 9 Ashfurlong Crescent, , , , SUTTON COLDFIELD, B75 6EP

Conduct: On or around 22 May 2020, David Mcguiness (“Mr Mcguiness”) caused MC-Dalt Scaffolding Services Limited (“MC-Dalt”) to falsely apply for a Bounce Back Loan (“BBL”) of £50,000 and to breach the terms of the Bounce Bank Loan (BBL) scheme, when he knew or ought to have known MC-Dalt was only entitled to apply for funds of £4,338. Mr Mcguiness transferred £48,800 of the funds to various parties, not for the economic benefit of MC-Dalt and without the intention to complete timely repayments in the future resulting in loss to the bank of at least £48,800. 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 required was that for the calendar year 2019. Businesses were required to use the loan only to provide economic benefit to the business, and not for personal purposes and confirm they have understood the costs associated with repayment of the loan and that they are able and intend to complete timely repayments in future Between 1 January 2019 and 31 December 2019, MC-Dalt’s bank account shows turnover of £17,350 On 22 May 2020 MC-Dalt received a BBL of £50,000, Mr Mcguiness having declared on the application form a turnover of £290,000. On 23 May 2020 payments totalling £48,800 were made from MC-Dalt’s bank account: Payment totalling £14,100 under reference ‘Dave’ Payments totalling £34,650 to third parties Payment of £50 to Mr Mcguiness On 5 August 2020 Mr Mcguiness made an application to dissolve MC-Dalt As of 5 August 2020 the full amount of the BBL remained outstanding. On 3 November 2020 Mc-Dalt was dissolved and the BBL of £50,000 remains outstanding 

This information is correct as at 15 / 12 / 2022

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