Name: Aurel Stan

Name: ADS14 LTD

Date of Birth: 30 / 9 / 1981

Date Order Starts: 10 / 6 / 2026

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 08669722

Last Known Address: 13 Brocket Close, , , , CHIGWELL, IG7 4ET

Conduct: Aurel Stan (“Mr Stan”) caused ADS14 Limited (“ADS”) to apply for a Bounce Back Loan (“BBL”) of £50,000 on 15 July 2020 using overstated turnover figures in the BBL application form. Consequently, ADS received more monies than it was entitled to from the BBL scheme, in that: • Under the BBL scheme, businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover in the calendar year 2019. • ADS was incorporated on 30 August 2013. • On 15 July 2020 Mr Stan applied for a BBL of £50,000 on behalf of ADS declaring that its turnover was £225,000. • Bank Records show that ADS’s income in the calendar year ending 31 December 2019 was £119,966. • On 08 September 2020 ADS received the £50,000 BBL. • The amount of BBL that Mr Stan could have applied for was at most £29,992. ADS therefore received at least £20,078 more than it was entitled to under the BBL scheme. • On 29 November 2022 ADS entered Creditors Voluntary Liquidation with total liabilities of £49,971 of which the entirety relates to the outstanding BBL. 

This information is correct as at 2 / 6 / 2026

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