Name: Romans Lozovs

Name: PUBLIC CONSTRUCTION LTD

Date of Birth: 28 / 5 / 1976

Date Order Starts: 29 / 4 / 2024

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 10691711

Last Known Address: 21 Harman Rise, , , , Ilford, IG3 9FE

Conduct: Romans Lozovs (“Mr Lozovs”) caused Public Construction Limited (“PC”) to overstate its turnover in an application made on 29 May 2020 for a Bounce Back Loan (“BBL”) of £50,000, and as a result obtained at least £37,426 more than PC was entitled to, in that: • Under the BBL scheme, businesses were entitled to apply for a loan of between £2,000 and £50,000, up to a maximum of 25% of turnover in the calendar year 2019. • PC was incorporated on 27 March 2017. • PC’s accounts for the year ended 31 March (approved by Mr Lozovs on 23 September 2019) showed turnover of £45,004. Accounts for the year ended 31 March 2020 (approved by Mr Lozovs on 19 August 2020) showed turnover £50,294. • On 29 May 2020, Mr Lozovs submitted a BBL application in which he stated that PC’s turnover in the calendar year 2019 was £230,000, and on 02 June 2020 the BBL funds of £50,000 were deposited into PC’s bank account. • By overstating PC’s turnover in the BBL application, the company received at least £37,426 more than it was entitled to. • At the date of liquidation, the BBL lender was owed £46,620. 

This information is correct as at 8 / 4 / 2024

Name: PUBLIC CONSTRUCTION LTD

Date of Birth: 28 / 5 / 1976

Date Order Starts: 15 / 4 / 2024

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 10691711

Last Known Address: 21, Harman Rise,, , , , , Ilford, IG3 9FE

Conduct: Romans Lozovs (“Mr Lozovs”) caused Public Construction Limited (“PC”) to overstate its turnover in an application made on 29 May 2020 for a Bounce Back Loan (“BBL”) of £50,000, and as a result obtained at least £37,426 more than PC was entitled to, in that: Under the BBL scheme, businesses were entitled to apply for a loan of between £2,000 and £50,000, up to a maximum of 25% of turnover in the calendar year 2019. PC was incorporated on 27 March 2017. PC’s accounts for the year ended 31 March (approved by Mr Lozovs on 23 September 2019) showed turnover of £45,004. Accounts for the year ended 31 March 2020 (approved by Mr Lozovs on 19 August 2020) showed turnover £50,294. On 29 May 2020, Mr Lozovs submitted a BBL application in which he stated that PC’s turnover in the calendar year 2019 was £230,000, and on 02 June 2020 the BBL funds of £50,000 were deposited into PC’s bank account. By overstating PC’s turnover in the BBL application, the company received at least £37,426 more than it was entitled to. At the date of liquidation, the BBL lender was owed £46,620 

This information is correct as at 26 / 3 / 2024

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