Case details for Gareth Price

Name: Gareth Price

Name: Pegwn Finance Ltd

Date of Birth: 18 / 2 / 1978

Date Order Starts: 14 / 7 / 2026

Disqualification Length: 10 Years  Month(s)

CRO Number: 09724708

Last Known Address: Cysgod y Plas, Castell Pigyn, Abergwili, CARMARTHEN, , SA31 2JL

Conduct: Mr Gareth Price (Mr Price) caused Pegwn Finance Ltd (PF) to apply for a government backed Bounce Back Loan (“BBL”) totalling £50,000 that he knew or ought to have known, PF was not entitled to, having obtained a previous BBL of £39,000 on 15 May 2020 from a different lender, in that; • Under the BBL scheme businesses were able to apply for up to 25% of their turnover to a maximum of £50,000. Businesses which originally borrowed less than the maximum amount available to them under the Scheme were eligible to top-up their original loan, however the total loan amount was not to exceed 25% of the business’s turnover for the calendar year 2019. • Only one BBL was available per business and applicants had to declare that the loan was the only one being made. • Mr Price made an application for a BBL of £39,000 from Bank1 on behalf of PF on 12 May 2020. The BBL funds were paid into PF’s bank account on 15 May 2020. • Mr Price made a further BBL application of £50,000 from Bank 2 on behalf of PF. The BBL funds were paid into PF’s bank account on 21 August 2020. • The funds from PF’s second BBL were paid into its bank account on 21 August 2020. • Total liabilities at liquidation/administration amount to £185,173 of which £68,737 relates to amounts owed in respect of the 2 BBLs. 

This information is correct as at 24 / 6 / 2026



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