Name: Carl Smyth

Name: Recovery Specialist Ltd

Date of Birth: 5 / 9 / 1982

Date Order Starts: 16 / 10 / 2026

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 10583650

Last Known Address: 70 March Way, Ernesford Grange, , , Coventry, CV3 2QZ

Conduct: On 15 May 2020 Mr Carl Smyth (“Mr Smyth”) caused Recovery Specialist Ltd (“RSL”) to breach the terms and conditions of the Government-backed bounce back loan (“BBL”) scheme by overstating its turnover on the BBL application, resulting in RSL obtaining more BBL funds that it was entitled to. In that: • Under the BBL scheme businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of 25% of turnover. The turnover figure was self-certified by the applicant. The turnover figure required was that for the calendar year 2019. • RSL was incorporated on 25 January 2017. • Mr Smyth was appointed as sole director of RSL on 25 January 2017 and remained so until RSL entered liquidation on 15 August 2022. • On 15 May 2020, Mr Smyth applied for a BBL from its bank in the amount of £50,000 declaring that RSL’s turnover for the 2019 calendar year was £200,000. • Analysis of the RSL’s bank account shows that RSL had a turnover of £34,470 in the 2019 calendar year. • The BBL funds of £50,000 were paid into RSL’s bank account on 18 May 2020. • RSL entered Creditors Voluntary Liquidation on 15 August 2022 with liabilities totalling £66,000. An amount of £50,363.97 remains outstanding in relation to the BBL. 

This information is correct as at 28 / 9 / 2026

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