Name: Nicholas Coleman

Name: Incal Corp Ltd

Date of Birth: 2 / 12 / 1961

Date Order Starts: 21 / 5 / 2026

Disqualification Length: 10 Years  Month(s)

CRO Number: 09258340

Last Known Address: 41, King Henrys Walk, London, , , N1 4NX

Conduct: Nicholas Coleman (“Mr Coleman”) breached the terms of the Bounce Back Loan (BBL) scheme by causing Incal Corp Ltd (Incal) to overstate its turnover on its application for a BBL. As a result, Incal received a BBL of £50,000 when Mr Coleman knew or ought to have known that Incal was not eligible for a loan of that amount, 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 turnover. • Incal was incorporated on 10 October 2014. • Incal filed dormant accounts at Companies House until 31 October 2018 • Incal achieved no turnover for year ending 31 October 2019 • Incal achieved turnover of £6,750 for year ending 31 October 2020. • On 04 May 2020 Mr Coleman applied for a BBL of £50,000 on behalf of Incal declaring that its turnover for the calendar year 2019 was £248,000. • Incal received the BBL funds of £50,000 on 06 May 2020. • Total liabilities at liquidation amount to £141,338 of which £50,750 relates to the amount owed in respect of the BBL. 

This information is correct as at 30 / 4 / 2026

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