Name: Daniel Mulumba

Name: Lumba Studio Ltd

Date of Birth: 10 / 2 / 1991

Date Order Starts: 24 / 11 / 2025

Disqualification Length: 9 Years  Month(s)

CRO Number: 12204100

Last Known Address: 53 Enniskillen Road,, , , , CAMBRIDGE, CB4 1SQ

Conduct: On 31 October 2020 Daniel Mulumba (“Mr Mulumba”) caused Lumba Studio Ltd to apply for a £50,000 Bounce Back Loan (BBL) when he knew, or ought to have known, that Lumba Studio Ltd did not meet the criteria for the BBL. In that: • 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. A company could apply for a loan which was up to 25% of its turnover in the calendar year 2019, from a minimum of £2,000, up to a maximum of £50,000. • The Bounce Back Loan eligibility criteria was that a business had to be engaged in trading or commercial activity in the UK at the date of the application, had to be carrying on business on 1 March 2020 and had to have been adversely affected by coronavirus (COVID-19). • Mr Mulumba applied for a £50,000 BBL on 31 October 2020. This was paid into the company bank account on 06 November 2020 • Lumba Studio Ltd was incorporated on 12 September 2019. • Lumba Studio Ltd opened a bank account on 28 September 2020. • The company bank statements show that the first transaction was on 07 October 2020. Therefore, the company was not carrying on business at 01 March 2020 and was not eligible to receive a BBL At liquidation on 04 September 2023 £45,000 of the £50,000 BBL remained outstanding. 

This information is correct as at 4 / 11 / 2025

If you believe this page contains any errors, please email legalservices@insolvency.gov.uk with details of the error that you have found.