Name: Jozsef Norbert Racz

Name: Betty`s Cleaning and Laundry Service Ltd

Date of Birth: 17 / 9 / 1974

Date Order Starts: 12 / 12 / 2025

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 10998676

Last Known Address: 18 Whalley Drive,, Aughton, , , , ORMSKIRK,, L39 6RF

Conduct: On 25 May 2020 Mr Jozsef Norbert Racz (“Mr Racz”) caused Betty`s Cleaning and Laundry Service Ltd (“BCLS”) to apply for a Bounce Back Loan (“BBL”) of £50,000 using an overstated turnover figure, when he knew or ought to have known that BCLS was only entitled to a BBL of £15,163, resulting in BCLS obtaining a BBL that was more than it was entitled to in that: • 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 was self-certified by the applicant. The turnover figure required was that for the calendar year 2019 or where a business was established after 1 January 2019 it is their estimated turnover. • BCLS was incorporated on 5 October 2017. • On 25 May 2020, Mr Racz applied for a BBL of £50,000 on behalf of BCLS declaring that its turnover for the calendar year 2019 was £200,000. • BCLS’s company accounts for the year ending 31 October 2019 show a turnover of £52,674. Available bank statements show income into the company bank account between 1 November 2019 and 31 December 2019 as £7,978 meaning that the maximum BBL to which BCLS was entitled would have been £15,163. • BCLS received the BBL funds of £50,000 on 27 May 2020. • Total liabilities at liquidation amount to £54,435 of which £45,434 relates to the amount owed in respect of the BBL, with repayments made totalling £6,105. 

This information is correct as at 25 / 11 / 2025

Name: Betty's Cleaning and Laundry Service Ltd

Date of Birth: 30 / 8 / 1977

Date Order Starts: 12 / 12 / 2025

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 10998676

Last Known Address: 18 Whalley Drive, Aughton, , , ORMSKIRK, L39 6RF

Conduct: On 25 May 2020 Miss Bernadett Nagy (“Miss Nagy”) caused or allowed Betty`s Cleaning and Laundry Service Ltd (“BCLS”) to apply for a Bounce Back Loan (“BBL”) of £50,000 using an overstated turnover figure, when she knew or ought to have known that BCLS was only entitled to a BBL of £15,163, resulting in BCLS obtaining a BBL that was more than it was entitled to in that: • 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 was self-certified by the applicant. The turnover figure required was that for the calendar year 2019 or where a business was established after 1 January 2019 it is their estimated turnover. • BCLS was incorporated on 5 October 2017. • On 25 May 2020, Miss Nagy’s co-director applied for a BBL of £50,000 on behalf of BCLS, declaring that its turnover for the calendar year 2019 was £200,000. • BCLS’s company accounts for the year ending 31 October 2019 show a turnover of £52,674. Available bank statements show income into the company bank account between 1 November 2019 and 31 December 2019 as £7,978 meaning that the maximum BBL to which BCLS was entitled would have been £15,163. • BCLS received the BBL funds of £50,000 on 27 May 2020. • Total liabilities at liquidation amount to £54,435 of which £45,434 relates to the amount owed in respect of the BBL, with repayments made totalling £6,105. 

This information is correct as at 26 / 11 / 2025

If you believe this page contains any errors, please email legalservices@insolvency.gov.uk with details of the error that you have found.