Case details for MARK CHARLTON



Date of Birth: 4 / 6 / 1973

Date Order Starts: 8 / 12 / 2022

Disqualification Length: 11 Years 0 Month(s)

CRO Number: SC617242

Last Known Address: 5 Waltham Place, Blakelaw, , , NEWCASTLE UPON TYNE, NE5 3RR

Conduct: Mark Charlton (“Mr Charlton”) caused MAC Inspections Limited (“the company”) to apply for and receive a Bounce Back loan (“BBL”) of £50,000, which the company was not fully entitled to, by overstating its turnover. BBL APPLICATION: A business could apply for a BBL of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover in the calendar year 2019. On 04 March 2020 Mr Charlton approved the company’s accounts for the period 03 January 2019 to 30 January 2020 declaring turnover of £36,295. Therefore the company was entitled to a BBL of no more than £9,074. On 11 June 2020 Mr Charlton, on behalf of the company, declared within a BBL application the company’s turnover was £200,000 and the requested loan of £50,000 was equal to or less than 25% of annual turnover for 2019. Mr Charlton explained he had insufficient knowledge to apply for the BBL therefore he engaged a 3rd party company who informed him all offshore companies were entitled to a BBL of £50,000. Mr Charlton provided the Liquidator with an invoice declaring the fee paid to the assisting company. Enquiries undertaken by INSS revealed no evidence of the company trading from the address stated on the invoice, furthermore the telephone numbers and email address stated are all invalid therefore it is not possible for INSS to verify the validity of the invoice and explanation provided. On 15 June 2020 £50,000 was credited to the company bank account, which increased the credit balance to £50,000.39 

This information is correct as at 18 / 11 / 2022

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