Case details for Adebayo Oluderu

Name: Adebayo Oluderu

Name: CREATIVE PIECE LIMITED

Date of Birth: 6 / 3 / 1986

Date Order Starts: 20 / 3 / 2024

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 06833199

Last Known Address: 26 Grangecliffe Gardens, , , , LONDON, SE25 6SZ

Conduct: Adebayo Oluderu (“Mr Oluderu”) caused Creative Piece Limited (“Creative Piece”) to apply for a Government backed Bounce Back Loan (“BBL”) of £50,000 that it was not eligible for, having obtained a previous BBL for £20,250 on 13 May 2020 from a different lender in that: • On 5 May 2020, Mr Oluderu applied for a BBL of £20,250 from Bank A on behalf of Creative Piece. The BBL was received into the company bank account on 13 May 2020. • On 30 June 2020, a second BBL payment of £50,000 was received from a different lender, Bank B into the company bank account held with them. • The BBL terms and conditions in respect of Bank B required the applicant to self-declare that they had not made any other application for a Bounce Back Loan for the business.? • Mr Oluderu made such declaration despite Creative Piece having already received a BBL from Bank A. • Creative Piece entered Creditors Voluntary Liquidation on 28 March 2023. • At liquidation, Creative Piece had liabilities of £71,753 including £67,000 owing in respect of the two BBLs. 

This information is correct as at 29 / 2 / 2024


Name: Adebayo Oluderu

Name: CREATIVE PIECE LIMITED

Date of Birth: 6 / 3 / 1986

Date Order Starts: 20 / 3 / 2024

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 06833199

Last Known Address: 26 Grangecliffe Gardens, , , , LONDON, SE25 6SZ

Conduct: Adebayo Oluderu (“Mr Oluderu”) caused Creative Piece Limited (“Creative Piece”) to apply for a Government backed Bounce Back Loan (“BBL”) of £50,000 that it was not eligible for, having obtained a previous BBL for £20,250 on 13 May 2020 from a different lender in that: On 5 May 2020, Mr Oluderu applied for a BBL of £20,250 from Bank A on behalf of Creative Piece. The BBL was received into the company bank account on 13 May 2020. On 30 June 2020, a second BBL payment of £50,000 was received from a different lender, Bank B into the company bank account held with them. The BBL terms and conditions in respect of Bank B required the applicant to self-declare that they had not made any other application for a Bounce Back Loan for the business.? Mr Oluderu made such declaration despite Creative Piece having already received a BBL from Bank A. Creative Piece entered Creditors Voluntary Liquidation on 28 March 2023. At liquidation, Creative Piece had liabilities of £71,753 including £67,000 owing in respect of the two BBLs. 

This information is correct as at 11 / 4 / 2024



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