Name: Nicholas Wayne Brewer

Name: BREWSTERS SANDWICH BAR LIMITED

Date of Birth: 8 / 1 / 1970

Date Order Starts: 5 / 4 / 2024

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 12301158

Last Known Address: 28 Recreation Road, Houghton Regis, , , Dunstable, LU5 5JW

Conduct: On or around 07 June 2020 Nicholas Wayne Brewer (“Mr Brewer”) caused Brewsters Sandwich Bar Limited (“Brewsters”) to apply for a Bounce Back Loan ("BBL") of £25,000, disclosing an overestimate of annual turnover in the application. Mr Brewer submitted an application to dissolve Brewsters 23 days after the BBL was received into Brewsters’ bank account. Mr Brewer breached Section 1004 of the Companies Act 2006 as Brewsters traded in the three months prior to submitting the application to dissolve Brewsters. Some £6,667 of the BBL was paid to Mr Brewer and not utilised for the benefit of Brewsters. Mr Brewer failed to give notice to the bank of the dissolution of Brewsters as required by Section 1006 Companies Act 2006. 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. Businesses were required to use the loan only to provide economic benefit to the business, and not for personal purposes and confirm they have understood the costs associated with repayment of the loan and that they are able and intend to complete timely repayments in future. • Brewsters was incorporated on 06 November 2019 and began trading in December 2019. • On 09 June 2020, Brewsters received £25,000 in respect of the BBL, following self-declaration on the application by Mr Brewer of annual turnover of £100,000. Between 01 December 2019 and 31 March 2020, Brewsters’ income totalled £7,631, which on a pro-rata basis would have resulted in total annual income of £22,897 and not the £100,000 declared on the BBL application. The BBL was the last income paid into Brewsters’ business bank account. • Between 10 June 2020 and 15 July 2020 payments amounting to £6,667 were made to Mr Brewer personally, rather than being for the economic benefit of Brewsters. • Mr Brewer breached Section 1004 of the Companies Act 2006 as Brewsters traded in the three months prior to submitting the application to dissolve Brewsters • On 02 July 2020 Mr Brewer signed notice DS01 Application to strike off Brewsters, which was received at Companies House on the same day. • Mr Brewer failed to give notice to the bank of the dissolution as required by Section 1006 of the Companies Act 2006 • As at 03 July 2020 the full amount of the BBL remained outstanding. • On 13 October 2020, Brewsters was dissolved, at which time Brewsters’ bankers were creditors for £25,000, the outstanding amount due from BBL. • On 16 July 2021, the bank transferred £16,065 from Brewsters’ bank account to the bank which was the balance of the BBL that remained in Brewsters’ bank account after it was dissolved. The outstanding amount due from the BBL is £8,935. 

This information is correct as at 15 / 3 / 2024

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