Name: Nyema Chima James

Name: TUNDRILL LTD

Date of Birth: 18 / 6 / 1983

Date Order Starts: 5 / 1 / 2024

Disqualification Length: 11 Years 0 Month(s)

CRO Number: 09902154

Last Known Address: 8 Boyne Drive,, , , , Chelmsford, CM1 7QW

Conduct: On 16 May 2020 Nyema Chima James (Mr “James”) caused Tundrill Limited (“Tundrill”) to fraudulently apply for a Bounce Back Loan of £15,000 and used at least £13,000 of the funds for his personal benefit when he knew or ought to have known that Tundrill failed to be eligible for the loan in that: On 1 May 2020 a petition to wind up Tundrill was filed at court On 16 May 2020 Mr James fraudulently submitted an application for a Bounce Back Loan on behalf of Tundrill and self -certified on the application that Tundrill’s turnover for 2019 was £65,000. The company bank records show that for the year ended December 2019, Tundrill’s income amounted to £3,992. On 20 May 2020 the £15,000 loan was paid into Tundrill’s bank account On 25 May 2020 £2,000 was transferred out of Tundrill’s bank account to Mr James and on 27 May 2020 a further £11,000 was paid to Mr James as salary Tundrill failed to be eligible for the Bounce Back Loan Scheme as the amount loaned was based on the provision of a false turnover figure by Mr James, the company was subject to a winding up petition at the date of application and the loan was used for personal purposes and not to bring economic benefit to Tundrill The Bounce Back Loan of £15,000 has not been repaid. 

This information is correct as at 2 / 1 / 2024

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