Case details for Ioan Marcu

Name: Ioan Marcu

Name: IMBUSI LTD

Date of Birth: 6 / 1 / 1987

Date Order Starts: 1 / 1 / 2025

Disqualification Length: 10 Years Years 0 Month(s)

CRO Number: 09180287

Last Known Address: 45 Lindfield Road, , , , ROMFORD, RM3 9BJ

Conduct: / On 20 July 2020 Ioan Alin Marcu (“Mr Marcu”) caused Imbusi Ltd (“Imbusi”) to apply for a Bounce Back Loan (“BBL”) of £50,000 using overstated turnover figures, which resulted in Imbusi obtaining a BBL that was more than it was entitled to. 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 1 January 2019 it is their estimated annual turnover from the date the business started. • Imbusi was incorporated on 18 August 2014. • On 20 July 2020, Mr Marcu applied for a BBL of £50,000 on behalf of Imbusi declaring that its turnover for the calendar year 2019 was £280,000. • Company accounts for the years ending 31 August 2019 & 31 August 2020 show turnover figures of £42,827 & £50,190 respectively. • The BBL monies were credited into Imbusi’s bank account on 14 September 2020. • Total liabilities at liquidation amount to £65,509 of which £50,000 relates to the amount owed in respect of the BBL. 

This information is correct as at 17 / 12 / 2024



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