Case details for Gary Hall

Name: Gary Hall

Name: SHOPAROUND FINANCE LIMITED

Date of Birth: 14 / 2 / 1969

Date Order Starts: 13 / 1 / 2025

Disqualification Length: 5 years Years 0 Month(s)

CRO Number: 06849072

Last Known Address: Greenside Lodge, Greenside,, , , , Rotherham,, S61 4PT

Conduct: On 8 June 2020 Gary Hall (“Mr Hall”) caused Shoparound Finance Limited (“Shoparound”) to provide incorrect information in a Bounce Back Loan (“BBL”) application, by failing to declare that the company had already received a Coronavirus Business Interruption Loan Scheme (“CBILS”) when it was only entitled to hold one or the other. He failed to use the BBL funds of £50,000 received on 08 June 2020 to repay the existing CBILS of £65,000 received on 01 June 2020 as was required by the BBL terms and conditions, in that: • Following an application by Mr Hall on 19 April 2020, Shoparound obtained a CBILS of £65,000 on 29 May 2020, which was paid into Shoparound ‘s bank account on 01 June 2020. • On 04 June 2020, Mr Hall applied for a BBL with another financial institution on behalf of Shoparound. • Under the BBL scheme, the application declaration states that this is the only application for a BBL for this business. That the applicant has not yet obtained and is not in the process of applying for a loan through either the Coronavirus Business Interruption Loan Scheme (“CBILS”), the Coronavirus Large Business Interruption Loan Scheme (“CLBILS”) or the Covid Corporate Financing Facility (“CCFF”) for the business unless these facilities would be refinanced in full by the BBL. • On 08 June 2020, Shoparound received £50,000 into its bank account in relation to the BBL. Shoparound did not use these funds to refinance the CBILS loan, by paying the funds towards the CBILS Loan. • Mr Hall stated the BBL funds were used for the expansion of the company. • Mr Hall signed the BBL declaration confirming that the company had not applied for a CBILS. • Shoparound made repayments of £37,631 towards the CBILS loan and £10,833 towards the BBL loan. • Shoparound entered compulsory liquidation on 24 January 2024 with total liabilities of £278,130, of which £49,624 related to the unpaid CBILS Loan and £39,961 was owed to the BBL. 

This information is correct as at 23 / 12 / 2024



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