Case details for Matthew Charles Blewitt

Name: Matthew Charles Blewitt

Name: GSPT LIMITED & GOLD STANDARD ESTATES LIMITED

Date of Birth: 19 / 10 / 1987

Date Order Starts: 7 / 7 / 2026

Disqualification Length: 8 Years  Month(s)

CRO Number: 11440657/12165061

Last Known Address: 189, Whitehall Road, Woodford Green, , , IG8 ORH

Conduct: GSPT Limited Matthew Charles Blewitt (“Mr Blewitt”) caused or allowed GSPT Limited (“GSPT”) to apply for a Government-backed Bounce Back Loan (“BBL”) of £50,000 using overstated turnover figures, when he knew, or ought to have known, that GSPT was only entitled for a BBL of maximum amount of £16,121, in that: • Under the BBL scheme a business was able to borrow up to 25% of its turnover in calendar year 2019, up to a maximum of £50,000 and, if the business was established after 1 January 2019, it was to apply the 25% limit to its estimated annual turnover from the date it started. The turnover figure was self-certified by the applicant. • GSPT was incorporated on 29 June 2018 • According to GSPT filed accounts for the year ending 30 June 2019 and 30 June 20, the turnover was £53,972 & £63,672 respectively. • On 14 May 2020, a connected party applied for a BBL of £50,000 on behalf of GSPT, stating in the loan application that GSPT’s relevant turnover was £200,000. • Company bank statements for the period 1 January 2019 to 31 December 2019 show turnover of £64,481.91. • GSPT therefore received BBL funds of at least £33,879 more than it was entitled to. • On 15 May 2020, funds of £50,000 were credited to GSPT’s bank account • GSPT made repayments of £10,671.24 • At the date of the liquidation on 21 March 2024, the Statement of Affairs shows that total liabilities amounted to £42,369, all of which was in respect of the BBL. • Gold Standard Estates Limited Matthew Charles Blewitt (“Mr Blewitt”) caused or allowed Gold Standard Estates Limited (“Gold Standard”) to apply for a Government-backed Bounce Back Loan (“BBL”) of £50,000 using overstated estimated turnover figures, when he knew, or ought to have known, that Gold Standard was entitled to a BBL for at least £3,778, in that: • Under the BBL scheme a business was able to borrow up to 25% of its turnover in calendar year 2019, up to a maximum of £50,000 and, if the business was established after 1 January 2019, it was to apply the 25% limit to its estimated annual turnover from the date it started. The turnover figure was self-certified by the applicant. • Gold Standard was incorporated on 20 August 2019 and undertook activities commensurate with preparing to trade from that date. • On 29 June 2020, a co-director applied for a BBL of £50,000 on behalf of Gold Standard, stating in the loan application that Gold Standard’s relevant turnover was £200,000. • Company bank statements for the period 13 September 2019 (first date available) to 28 June 2020 show trading turnover of £0. • On 29 June 2020, funds of £50,000 were credited to Gold Standard’s bank account. • Company Accounts for the Year Ended 31 August 2020 declared turnover of £15,111. • Gold Standard therefore received BBL funds of at least £46,222 more than it was entitled to. • Gold Standard made repayments of £10,087.43 • At the date of the liquidation on 21 March 2024, the Statement of Affairs shows that total liabilities amounted to £45,068, of which £42,788 was in respect of the BBL. 

This information is correct as at 19 / 6 / 2026



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