Case details for Thomas Lee

Name: Thomas Lee

Name: Weather Sealed Uk Ltd

Date of Birth: 25 / 6 / 1975

Date Order Starts: 18 / 12 / 2024

Disqualification Length: 10 years Years 0 Month(s)

CRO Number: 06287139

Last Known Address: 229 Haughton Road,, , , , DARLINGTON,, DL1 2LD

Conduct: Thomas Lee (“Mr Lee”) caused Weather Sealed Uk Limited (“WSU”) to make false representations by overstating WSU’s turnover, in an application for a Bounce Back Loan (“BBL”) of £50,000 and as a result, WSU received more funds than it was entitled to from the BBL scheme in that: • Under the BBL scheme, businesses were entitled to borrow between £2,000 and £50,000, up to a maximum of 25% of turnover in the calendar year 2019. • WSU was incorporated on 20 June 2007. • On 13 August 2020, Mr Lee submitted a BBL application in which he stated that WSU’s turnover in the calendar year 2019 was £200,000. WSU’s accounts for year ended 30 June 2019 show turnover of £52,298. No accounts were prepared for any period after 30 June 2019. • WSU’s bank statements show receipts from customers in the calendar year 2019 totalling £71,488. • Based on the BBL criteria and company turnover, WSU was entitled to receive no more than £17,872 • As a result of the overstatement of turnover, WSU received £32,128 more than it was entitled to. • WSU entered Creditors’ Voluntary Liquidation on 16 May 2022. • At the date of liquidation, the BBL lender was owed £46,224. 

This information is correct as at 27 / 11 / 2024



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