Name: Stoyan Valentinov METKOV

Name: ST.Metkov Interior Ltd

Date of Birth: 7 / 2 / 1986

Date Order Starts: 19 / 1 / 2026

Disqualification Length: 11 Years 0 Month(s)

CRO Number: 09906721

Last Known Address: 41 Pentire Road, , , , LONDON, E17 4BY

Conduct: On 30 May 2020 Mr Stoyan Valentinov Metkov (‘Mr Metkov’) applied for and obtained a Government-backed Bounce Back Loan (‘BBL’) of £50,000 for ST.Metkov Interior Ltd (‘SMI’) when he knew or ought to have known that SMI’s turnover in 2019 would have entitled it to a maximum BBL of £7,447. In addition, the proceeds of the loan were paid in full to Mr Metkov and were not used for the economic benefit of the business. In that: Obtaining a BBL • The BBL scheme permitted a loan of up to 25% of a business’ turnover in the calendar year 2019 (or estimated annual turnover from the date it commenced trading if it had been established after 01 January 2019), from £2,000 to a maximum of £50,000; • SMI was incorporated in December 2015 and commenced trading at that time; • As SMI was established before 01 January 2019 it was not entitled to estimate its turnover on the application form; • Accounts filed for the year to 31 December 2019 record SMI’s turnover was £29,788; • This income would have entitled SMI to a BBL of no more than £7,447; • On 20 May 2020 Mr Metkov completed an application form for a BBL from SMI’s bank, self-certifying that its turnover in 2019 was £230,000 and requesting a loan of £50,000; • Although Mr Metkov has stated that he thought he was able to use forecast income on the BBL application, that was not permitted by the BBL scheme, and the application form made that clear; • Therefore SMI obtained £42,553 in BBL funding to which it was not entitled; Disbursal of the BBL • The terms of the BBL scheme required the proceeds to be used solely for the economic benefit of the business; • Immediately before the receipt of the BBL the bank account balance was £1,019; • On 02 June 2020 the BBL was paid into SMI’s account; • Between 16 June and 30 June 2020 a total of £50,000 was paid to Mr Metkov; • There was no other income in this period, therefore the BBL funded £48,981 of this amount; • Mr Metkov stated that £35,000 was used to pay contractors in cash, but has provided no documentary evidence of such payments; • There is no evidence that the payments to Mr Metkov were for the economic benefit of SMI’s business. • The bank has claimed £48,749 under the Government guarantee and is the majority creditor in the liquidation. 

This information is correct as at 30 / 12 / 2025

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