Name: Adam Scott DAVIS

Name: Mode Plumbing Heating and Electrical Ltd

Date of Birth: 4 / 10 / 1986

Date Order Starts: 14 / 11 / 2022

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 10755031

Last Known Address: 220 Kingsway,, , , , MANCHESTER,, M19 1DD

Conduct: On 22 May 2020 Adam Scott Davis (“Mr Davis”) caused Mode Plumbing Heating and Electrical Ltd (“Mode PHE”) to apply for a Bounce Back Loan (BBL) of £50,000 using overstated turnover figures in the loan application form. Consequently, Mode PHE received more monies than it was entitled to from the BBL scheme. In that: • A business 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. To be eligible to receive the maximum £50,000, a business would have needed to disclose a turnover figure of £200,000 • Mode PHE's financial accounts show turnover being £81,678 for the year to 31 May 2019 and turnover of £70,399 for the year to 31 May 2020. Mode PHE was not eligible to apply for the maximum amount received as it's turnover did not meet £200,000 • On 22 May 2020, he caused Mode PHE to obtain a BBL for the maximum amount of £50,000, which it was not entitled to. • On 15 July 2021, Mode PHE entered into creditors’ voluntary liquidation with liabilities of £50,226 including £50,000 which is owed in respect of the BBL. 

This information is correct as at 25 / 10 / 2022

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