Name: Kenneth CUSHEN

Name: KTE ROOFING LTD

Date of Birth: 18 / 9 / 1983

Date Order Starts: 7 / 11 / 2022

Disqualification Length: 7 Years 0 Month(s)

CRO Number: SC629216

Last Known Address: 76 Pleaknowe Crescent,, , , , Chryston,, G69 0LG

Conduct: Kenneth CUSHEN (“Mr Cushen”) failed to ensure that KTE Roofing Ltd (KTE) maintained and / or preserved adequate accounting records, or in the alternative following the Liquidator’s appointment on 26 August 2021, failed to deliver up the accounting records which were adequate to explain the trading and financial position of KTE between 1 June 2020 and liquidation to the Liquidator. Consequently it has not been possible to: • Establish the true position with regard to the company’s income for the period 1 June 2020, the day after the annual accounting period ending 31 May 2020 and 6 July 2021, the date of Liquidation • Analysis of the company bank account 80936383 shows total credits of £282,929 comprising £44,822 in cash; £25,775 from him; £7,500 in a BBL top up, £5,000 in a Local Authority Covid Grant; £7,496 from an additional account in the name of the company for which we have been unable to obtain further details and £67,020 in unknown payments • There was also £29,320 in returned direct debit and standing order payments during this time. • Establish the true position with regard to the company’s expenditure for the period 1 June 2020, the day after the annual accounting period ending 31 May 2020 and 6 July 2021, the date of Liquidation • Analysis of the company bank account 80936383 shows total debits of £320,629 comprising £24,396 in cash; £104,457 paid to him; £102,677 paid to trade and expense; £11,737 in employee wages; £37,165 to an additional account in the name of the company for which we have been unable to obtain further details and £30,712 in unknown payments. • Establish the true position with regard to the use of the Government assisted Coronavirus Business Bounce Back Loan of £35,000 paid on 6 May 2020, top up of £7,500 paid on 17 November 2020 and a Local Authority Covid Grant of £5,000 paid on 15 April 2021 and whether or not this was used for the economic benefit of the business. 

This information is correct as at 17 / 10 / 2022

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