Case details for Charles James MASKEY

Name: Charles James MASKEY

Name: J M SERVICES (SOUTH ) LTD

Date of Birth: 29 / 12 / 1956

Date Order Starts: 14 / 8 / 2025

Disqualification Length: 8 Years 0 Month(s)

CRO Number: 11281799

Last Known Address: 2 Rye Close,, , , , WORTHING,, BN11 5EG

Conduct: Mr Charles James Maskey (“Mr Maskey”) breached the terms of the Bounce Back Loan (“BBL”) scheme by causing J M Services (South) Limited (“JM”) to overstate its turnover on its application for a BBL, resulting in the company receiving a BBL of £50,000 when he knew, or ought to have known, that JM was not eligible for a loan of that value, in that: • The BBL scheme terms allowed businesses to receive a loan of up to 25% of their annual turnover for the 2019 calendar year, which the applicant would self-certify when completing the BBL application.   • If a company was established after 01 January 2019, they were allowed to estimate the company turnover from the date the company started to trade. • JM was incorporated on 28 March 2018. • Mr Maskey declared on the company’s BBL application form an annual turnover of £250,000, and consequently on 11 May 2020 JM received a £50,000 BBL. • Bank statements for the period 01 January 2019 and 31 December 2019 show income of £85,896.42. • This meant that JM would have been entitled to apply for a BBL of £21,475. • The overstatement of turnover totalling £164,103 meant that JM received £28,525 more than it was entitled to from the BBL scheme. • JM was wound up by court order on 07 January 2022. • At liquidation, £49,560.31 was owed to the bank in respect of the BBL 

This information is correct as at 28 / 7 / 2025



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