Case details for MALCOLM JOHN KNOWLES

Name: MALCOLM JOHN KNOWLES

Name: Streamline Nationwide Limited

Date of Birth: 2 / 4 / 1946

Date Order Starts: 30 / 8 / 2021

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 09563562

Last Known Address: 30 Highlands Road,, BRIDGNORTH,, , , , WV16 5BZ

Conduct: • From 07 May 2020 to 19 June 2020, Malcolm John Knowles caused Streamline Nationwide Limited (“Streamline”) to transact to the detriment of creditors in the total sum of £44,882. In that: • Mr Knowles was the sole director of Streamline until liquidation; • On 05 May 2020, Streamline applied for a Bounce Back Loan of £50,000. Mr Knowles has stated that he made the application on behalf of Streamline; • The sum of £50,000 was credited to Streamline’s bank account on 07 May 2020; • Notwithstanding that the purpose of that loan was to provide economic benefit to Streamline’s business, Mr Knowles caused Streamline to make the following payments: 1. Between 07 May 2020 and 19 June 2020, £39,087 to himself which, by his own admission, was to settle a personal loan of £30,000 that he made to Streamline in July 2019 and arrears of wages for the period 14 March 2019 to 17 May 2020; 2. Between 07 May 2020 and 19 June 2020, £5,795 to a family member, which by his own admission, was to settle arrears of wages for the period 14 March 2019 to 17 May 2020. • At liquidation on 29 July 2020, Streamline had known creditors totalling £142,214. 

This information is correct as at 10 / 8 / 2021



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