Name: Jason Arnold

Name: J ARNOLD TRANSPORT LTD

Date of Birth: 5 / 8 / 1970

Date Order Starts: 10 / 12 / 2025

Disqualification Length: 10 Years  Month(s)

CRO Number: 11493358

Last Known Address: 45 Prestwood Close, Urmston,, , , , MANCHESTER, M41 7GA

Conduct: Mr Jason Arnold (‘Mr Arnold’) caused J Arnold Transport Ltd (‘JAT’) to apply for a Government-backed Bounce Back Loan (‘BBL’) of £50,000 when he knew or ought to have known that it was not eligible. Furthermore Mr Arnold obtained a second BBL of £50,000 for JAT with another bank, which was not permitted by the BBL scheme. JAT therefore received £100,000 in Covid-support funding to which it was not entitled. In that: • The BBL scheme permitted a single loan of up to 25% of a business’ turnover in the calendar year 2019 (or estimated annual turnover from the date it commenced trading if it had been established after 01 January 2019), from £2,000 to a maximum of £50,000; • The further conditions of applying for a BBL were that a business had been trading on 01 March 2020 and at the date of the application, and the BBL application included a declaration to that effect. • The application form also included a declaration that it was the only BBL applied for in respect of that business; • JAT was incorporated in July 2018, however the report to creditors stated that it did not commence trading until 2020; • Dormant accounts were filed at Companies House for JAT for the periods to 31 July 2019 and 31 March 2020; • The bank statements record the first payments to suppliers in August 2020 and the first trading receipts in November 2020. • On 27 May 2020 Mr Arnold signed an application for a BBL of £50,000 for JAT with its bank, Bank A, self-certifying that it had been trading on 01 March 2020 and was trading at the date of the application; • The BBL was paid into JAT’s bank account with Bank A on 29 May 2020; • On 30 June 2020 Mr Arnold signed an application for a second BBL of £50,000 with a different bank, Bank B, and on that date £40,394 was transferred to its account with Bank A; • At the date of the liquidation Bank A was owed £22,581 and Bank B claimed £49,578 under the Government guarantee. 

This information is correct as at 25 / 11 / 2025

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