Name: Katie BLACKFORD

Name: K-LOU LONDON LTD

Date of Birth: 29 / 3 / 1990

Date Order Starts: 14 / 11 / 2022

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 11618275

Last Known Address: 56 Cranford Lane,, , , , HOUNSLOW,, TW5 9ET

Conduct: On 06 November 2020, Katie Blackford caused K-Lou London Ltd (“the Company”) to apply for a Government backed Bounce Back Loan (“BBL”) totalling £30,000 for which it was not eligible and did not use it in its entirety for the economic benefit of the business, contrary to the terms of the BBL. In that: Eligibility The BBL criteria allowed a business to borrow between £2,000 and up to 25% of the company turnover (up to a maximum of a £50,000 loan). The Company was incorporated on November 2018. The first years filed accounts for the year ending 31 October 2019 show no turnover had been obtained and a deficiency of £20,927 was recorded. The BBL application for £30,000 was made on 06 November 2020 In order for the Company to be eligible for such a BBL its turnover was required to be at least £120,000. The filed accounts for the year ending 31 October 2020 show turnover of £1,056 and a deficiency of £63,480; as such the Company was not eligible for any BBL. Use of funds On 20 November 2020 the BBL of £30,000 was paid into the Company’s bank account. On 21 November 2020 the sum of £15,000 was transferred to the director’s personal account. On 22 November 2020 a further £15,000 was transferred to the director’s personal account. The director has confirmed that the transfers to her personal account were in repayment of monies previously loaned to the Company. 

This information is correct as at 26 / 10 / 2022

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