Case details for Samuel Jay

Name: Samuel Jay

Name: Health Myself Ltd

Date of Birth: 4 / 8 / 1981

Date Order Starts: 13 / 11 / 2024

Disqualification Length: 10 years Years 0 Month(s)

CRO Number: 12182690

Last Known Address: 3 Smeaton Court,, , , , HERTFORD,, SG13 7AL

Conduct: Samuel Jay (“Mr Jay”) caused Health Myself Ltd (“Heath”) to apply for a Bounce Back Loan (“BBL”) of £50,000 using overstated turnover figures, which resulted in Health obtaining a larger BBL than 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 up to 25% of turnover. The turnover figure was self-certified by the applicant. The turnover figure required was that for the calendar year 2019 or where a business was established after 1 January 2019 it is their estimated turnover from when the company started. • Health was incorporated on 30 August 2019 • Mr Jay applied for a BBL of £50,000 on behalf of Health, declaring a turnover of £280,000. • Prior to the receipt of the BBL, Health’s bank statements show total credits of £366. • Health’s Year End 30 August 2020 accounts show turnover of £2,347. • Health’s Year End 30 August 2021 accounts show turnover of £4,173. • Health received the BBL funds of £50,000 on 08 June May 2020. • Total liabilities at liquidation amount to £51,485 of which £50,585 relates to the amount owed in respect of the BBL. 

This information is correct as at 27 / 11 / 2024



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