Name: Steven Peter ALSO KNOWN AS Stephen Peter Reid-Dobson Cornwell-Dobson

Name: XS Rentals Limited

Date of Birth: 7 / 8 / 1981

Date Order Starts: 16 / 3 / 2026

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 08888252

Last Known Address: 238 Heron Street,, , , , OLDHAM,, OL8 4NB

Conduct: On 04 June 2020, Steven Peter Cornwell-Dobson (“Mr Cornwell-Dobson”) caused or allowed XS Rentals Limited (“XSR”) to breach the terms and conditions of the Bounce Back Loan (“BBL”) scheme by overstating XSR’s turnover when applying for a BBL. As result, XSR received a £50,000 BBL when Mr Cornwell-Dobson knew or ought to have known that XSR was not eligible for a BBL of that amount, and failed to use the entirety of the BBL for the economic benefit of XSR, in that: • Under the BBL scheme, businesses could apply for one loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover. The turnover figure was self-certified by the applicant. The turnover figure required was that for the calendar year 2019, or where a business was established after 01 January 2019, an estimated turnover could be used. The terms and conditions of the BBL stated that the loan was to be used to provide economic benefit to the company, wholly for business purposes and not personal purposes. • XSR was incorporated on 12 February 2014, started trading before 01 January 2019, and was therefore not entitled to estimate its turnover for the purpose of the BBL application. • On or around 04 June 2020, an application was made to obtain a £50,000 BBL on behalf of XSR, declaring that its turnover for the calendar year 2019 was £210,000. • On 04 June 2020, the agreement to obtain the BBL was signed on behalf of XSR. On the following day, BBL funds of £50,000 were credited into XSR’s bank account. • Unaudited Financial Statements for the Year Ended 27 February 2020 show that XSR had a turnover of £80,119. • Analysis of its bank account shows that between 01 January 2019 and 31 December 2019, XSR received trading related income of £84,283.16. • Based on the income received in its bank account during calendar year 2019, XSR was entitled to apply for a BBL of up to £21,070.79. • The overstatement of turnover meant that XSR received at least £28,929.21 more than it was entitled to from the BBL scheme. • Following receipt of the BBL, on 25 June 2020, a £20,000 payment was made to Mr Cornwell-Dobson’s personal bank account, of which at least £15,691.48 consisted of BBL funds. • Mr Cornwell-Dobson has stated he used these funds for the assignment of a lease for his personal business premises. Therefore at least £15,691.48 of the BBL funds were not used for the economic benefit of XSR. • XSR entered Liquidation on 18 September 2024 with liabilities totalling £55,150, of which £51,000 was owed in respect of the BBL. 

This information is correct as at 24 / 2 / 2026

Name: XS Rentals Limited

Date of Birth: 7 / 6 / 1973

Date Order Starts: 23 / 3 / 2026

Disqualification Length: 10 Years  Month(s)

CRO Number: 08888252

Last Known Address: 4, Brinsmead Court, Rothwell, Leeds, , LS26 0WL

Conduct: On 04 June 2020, Sara Louise Turner (“Mrs Turner”) caused XS Rentals Limited (“XSR”) to breach the terms and conditions of the Bounce Back Loan (“BBL”) scheme by overstating XSR’s turnover when applying for a BBL. As result, XSR received a £50,000 BBL when Mrs Turner knew or ought to have known that XSR was not eligible for a BBL of that amount, and failed to use the entirety of the BBL for the economic benefit of XSR, in that: • Under the BBL scheme, businesses could apply for one loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover. The turnover figure was self-certified by the applicant. The turnover figure required was that for the calendar year 2019, or where a business was established after 01 January 2019, an estimated turnover could be used. The terms and conditions of the BBL stated that the loan was to be used to provide economic benefit to the company, wholly for business purposes and not personal purposes. • XSR was incorporated on 12 February 2014, started trading before 01 January 2019, and was therefore not entitled to estimate its turnover for the purpose of the BBL application. • On or around 04 June 2020, Mrs Turner submitted an application to obtain a £50,000 BBL on behalf of XSR, declaring that its turnover for the calendar year 2019 was £210,000. • On 04 June 2020, Mrs Turner signed the agreement for the obtention of the BBL, and on the following day, BBL funds of £50,000 were credited into XSR’s bank account. • Unaudited Financial Statements for the Year Ended 27 February 2020 show that XSR had a turnover of £80,119. • Analysis of its bank account shows that between 01 January 2019 and 31 December 2019, XSR received trading related income of £84,283.16. • Based on the income received in its bank account during calendar year 2019, XSR was entitled to apply for a BBL of up to £21,070.79. • The overstatement of turnover meant that XSR received at least £28,929.21 more than it was entitled to from the BBL scheme. • Following receipt of the BBL, on 25 June 2020, a £20,000 payment was made to the personal bank account of Mrs Turner’s co-director, of which at least £15,691.48 consisted of BBL funds, which were not for the economic benefit of XSR. • XSR entered Liquidation on 18 September 2024 with liabilities totalling £55,150, of which £51,000 was owed in respect of the BBL. 

This information is correct as at 3 / 3 / 2026

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