Name: LAURENCE NICOLAUS MORRIS WARBURTON

Name: TN1 Trading Ltd

Date of Birth: 23 / 6 / 1982

Date Order Starts: 14 / 4 / 2026

Disqualification Length: 11 Years Years 0 Month(s)

CRO Number: 09076418

Last Known Address: Rommey, Furnace Lane, Lamberhurst, , TUNBRIDGE WELLS, TN3 8LD

Conduct: Laurence Warburton (‘Mr Warburton’) breached the terms of the Bounce Back Loan Scheme by causing TN1 Trading Limited to overstate its turnover on its application for a government backed Bounce Back Loan (‘BBL’) resulting in the company receiving a BBL of £50,000 to which it was not entitled, 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. 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 it was their estimated annual turnover from the date the business started. • The BBL scheme rules meant that businesses established prior to 2019 had to use actual 2019 turnover on the BBL application. • TN1 Trading Limited was incorporated on 9 June 2014. • TN1’s Accounts for financial year ending 31 December 2019 show turnover of £84,789. • Mr Warburton stated on TN1’s BBL application form an annual turnover of £200,000. • Consequently, on 27 May 2020 TN1 received £50,000. Based on the annual accounts this was £28,802 more than TN1 was eligible for. • At liquidation, TN1 declared total liabilities of £50,007.43, of which £46,218.95 was owed to the BBL provider. 

This information is correct as at 7 / 4 / 2026

Name: TN1 Trading Ltd

Date of Birth: 23 / 6 / 1982

Date Order Starts: 14 / 4 / 2026

Disqualification Length: 11 Years  Month(s)

CRO Number: 09076418

Last Known Address: Romney, Furnace Lane, Lamberhurst, TUNBRIDGE WELLS, , TN3 8LD

Conduct: Laurence Warburton (‘Mr Warburton’) breached the terms of the Bounce Back Loan Scheme by causing TN1 Trading Limited to overstate its turnover on its application for a government backed Bounce Back Loan (‘BBL’) resulting in the company receiving a BBL of £50,000 to which it was not entitled, 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. 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 it was their estimated annual turnover from the date the business started. • The BBL scheme rules meant that businesses established prior to 2019 had to use actual 2019 turnover on the BBL application. • TN1 Trading Limited was incorporated on 9 June 2014. • TN1’s Accounts for financial year ending 31 December 2019 show turnover of £84,789. • Mr Warburton stated on TN1’s BBL application form an annual turnover of £200,000. • Consequently, on 27 May 2020 TN1 received £50,000. Based on the annual accounts this was £28,802 more than TN1 was eligible for. • At liquidation, TN1 declared total liabilities of £50,007.43, of which £46,218.95 was owed to the BBL provider. 

This information is correct as at 26 / 3 / 2026

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