Name: Alexei Coada

Name: DINAMIC CONSTRUCTION LTD

Date of Birth: 2 / 8 / 1986

Date Order Starts: 25 / 11 / 2025

Disqualification Length: 11 Years 0 Month(s)

CRO Number: 11829739

Last Known Address: 84 Blackbush Avenue,, , , , ROMFORD,, RM6 5TT

Conduct: On 30 June 2020, Alexei Coada (“Mr Coada”) caused Dinamic Construction Ltd (“Dinamic”) to apply for a Bounce Bank Loan (‘’BBL’’) of £50,000 using overstated turnover figures in the application form and as a result Dinamic received at least £41,340 more BBL funds than it was entitled to, and it failed to ensure that the funds were used for the economic benefit of the business, in that: • Under the BBL scheme, a business could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover in calendar year 2019 or where a business was established after 1 January 2019, it is their estimated turnover from the date the business started. • Dinamic was incorporated on 15 February 2019, and Mr Coada stated it started trading the same date. • Mr Coada was appointed as the sole director throughout trading. • On 30 June 2020, Mr Coada applied to HSBC for a BBL in the sum of £50,000 having stated that Dinamic’s turnover was £235,000 • The BBL proceeds of £50,000 were received on 08 July 2020. • Accounts for the year ending 28 February 2020 show turnover of £34,638 • Based on the above accounts Dinamic was eligible for a maximum BBL of £8,660. • Bank statements show that from 04 November 2019 to 07 July 2020, there was no trading activity through the account. • By applying for a BBL of £50,000 Dinamic received £41,340 more than it was entitled to. • Between 09 July 2020 and 02 March 2021, there were no credits from trading activities whilst £56,517 was paid out to parties unknown and no evidence has been provided that the BBL funds were used for the benefit of the business. At liquidation, no repayments had been made in respect of the BBL 

This information is correct as at 4 / 11 / 2025

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