Name: DENNIS OWUSU-ANSAH

Name: DIGITAL EXTRA LIMITED

Date of Birth: 4 / 9 / 1984

Date Order Starts: 27 / 8 / 2026

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 11822780

Last Known Address: Flat 27, Forster House, Whitefoot Lane, , BROMLEY, BR1 5SD

Conduct: Dennis Owusu-Ansah (“Mr Owusu-Ansah”), caused Digital Extra Ltd (“Digital”) to apply for, and obtain, a Bounce Back Loan (“BBL”) in the sum of £50,000 on 20 December 2020 using an overestimated turnover figure in the application form. Consequently, Digital received £35,250 more than it was entitled to from the BBL scheme. In particular: • The Bounce Back Loan criteria allowed a company to borrow between £2,000 and a maximum of £50,000 based on 25% of the company’s turnover in calendar year 2019 or where a business was established after 01 January 2019 its estimated turnover. • Digital was incorporated on 12 February 2019 and commenced trading around April/May 2019. It was therefore entitled to estimate its annual turnover for the 12 months from the business commencing. • Digital prepared and filed accounts for the period from incorporation on 12 February 2019 to 29 February 2020. These accounts were approved by Mr Owusu-Ansah on 18 May 2020 and show a turnover of £59,000. • On 17 December 2020 Mr Owusu-Ansah made an application to Starling Bank Plc for a BBL in the maximum sum of £50,000 on behalf of Digital. • The loan application asked Digital to provide details of its estimated annual turnover from the date the business started in 2019. Mr Owusu-Ansah stated on the application form that the estimated turnover for Digital was £248,000, notwithstanding his prior approval of the accounts for the period ending 29 February 2020 showing a turnover of £59,000. • Digital prepared and filed accounts for the year from 01 March 2020 to 28 February 2021. These accounts were approved by Mr Owusu-Ansah on 30 November 2021 and show a nil turnover. These accounts do not record the existence of the BBL. • For the period 01 March 2020 to 17 December 2020, the date of the application for a BBL, receipts into Digital’s bank account totalled £7,257, comprising funds from the HMRC Job Retention Scheme only. • The BBL funds of £50,000 were paid into the company’s bank account on 20 December 2020. On the basis of the company’s filed accounts, and the available bank statements, Digital was entitled to apply for a BBL in the sum of £14,750, being 25% of £59,000. By overstating its turnover, Mr Owusu-Ansah therefore caused the company to obtain £35,250 more than it was entitled to. • Digital entered Creditors’ Voluntary Liquidation on 20 January 2023 with total liabilities total £52,107, of which 50,691 is in respect of the outstanding BBL. • On 26 September 2023 Mr Owusu-Ansah entered into an agreement with the Liquidator to pay £30,000 in full and final settlement of his overdrawn Directors Loan Account, the balance arising as a consequence of his removal of the BBL monies from the company. This sum was to be paid by instalments to be completed by 29 August 2025. On 30 April 2026 the Liquidator advised that £22,870 had been received in this regard 

This information is correct as at 6 / 10 / 2026

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