Name: Ian Anthony  Deane

Name: DEANE & SON LIMITED

Date of Birth: 24 / 6 / 1967

Date Order Starts: 5 / 4 / 2024

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 04369218

Last Known Address: 97 Haywood Road,, Mapperley,, , , NOTTINGHAM,, NG3 6AF

Conduct: On 11 January 2021, Ian Anthony Deane (“Mr I Deane”) caused Deane & Son Ltd (“Deane & Son”) to breach the conditions of the Bounce Back Loan ("BBL") facility by failing to use BBL funds of £50,000 received to repay a Coronavirus Business Interruption Loan (“CBIL”) of £136,079 received on 07 September 2020, as was required by the BBL terms and conditions, in that: Following an application by Mr I Deane, Deane & Sons obtained a CBIL of £136,079 on 07 September 2020, £62,815 was credited to Deane & Son and £73,264 was used to settle a previous loan with the CBIL provider. On 11 January 2021, Mr I Deane applied for a Bounce Back Loan with another financial institution on behalf of Deane & Son. Mr I Deane signed a declaration that Deane & Son met the eligibility criteria of the loan and that Deane & Son did not have an existing loan under the Bounce Back Loan Scheme, the Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme(CLBILS) or the Covid Corporate Financing Facility (CCFF) or, if it did, the BBL Loan would be used to repay any of existing facilities in full. On 12 January 2021, the company received £50,000 into its bank account in relation to the Bounce Back Loan which it failed to use to repay the existing CBIL. On 23 December 2023, Deane & Sons entered Creditors Voluntary Liquidation. At liquidation, Deane & Son had liabilities totalling £664,535.85 of which £49,140 is in respect of the BBL and £125,962 is in respect of the CBIL. 

This information is correct as at 15 / 3 / 2024

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